29
Jan
09:09
Posco witnesses rising earnings in 2021
South Korean steelmaker Posco reported an all-time high operating profit of KRW 9.24 trillion ($7.64 billion) in 2021, surging 285% year-on-year thanks to the market uptrend and global infrastructure sector, Kallanish notes,
Meanwhile, annual consolidated revenue grew 32.1% to KRW 76.33 trillion. Of that, Posco’s non-consolidated revenue rose only 2% to KRW 11.53 trillion, but operating profit dropped 27% to KRW 1.67 trillion, due to declining sales volumes …
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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