26
Jan
09:39
Posco subsidiaries profit, but not in Indonesia
Posco’s subsidiaries have largely returned to profit, including three of its four main overseas production divisions in China, India, Indonesia and Vietnam. Indonesia’s joint venture with Posco remains the problem child however, having yet to sustain a full year of profit, Kallanish notes.
Krakatau Posco remains the Korean company’s worst performing overseas subsidiary, booking a loss for the group of KRW 72 billion ($61.6 million). The subsidi…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous