10
Dec
09:56
Posco to split off steel business
South Korean steelmaker Posco plans to split off its steel operations and become a holding company in order to search for fresh growth businesses and increase shareholder value.
The holding company will be called Posco Holdings Inc, and the reorganization is expected to take place on 1 March, Kallanish notes. The new holding company will own the steel operation and oversee development of new businesses, it said. With this reorganizati…
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Anonymous
Very good overview of the weekly steel market.
Anonymous