Industry News

POSCO stainless steel output & sales decline in Q1

Views : 499
Update time : 2020-07-07 16:18:51
According to the latest report published by POSCO, in the first quarter of 2020, the total stainless steel output of the company arrived at 481,000 tons, a 3.4% decrease compared with the same period of the past year and a 4.4% decrease compared with the past month.

Meanwhile, POSCO sold 469,000 tons of stainless steel products in the mentioned period. The amount declined by 7.5% compared with the past year and by 2.5% compared with the past month.

The report also showed that in the first quarter of 2020 the crude steel production of POSCO declined by 3.6% and 5.6% respectively compared with the same period of last year and the past month.
Related News
Read More >>
China's primary aluminum imports decline, exports surge in May China's primary aluminum imports decline, exports surge in May
Jun .26.2025
China's primary aluminum imports decline, exports surge in May
Taiwan's Yusco expects environmental issues to drive stainless steel demand Taiwan's Yusco expects environmental issues to drive stainless steel demand
Jun .26.2025
Taiwan's Yusco expects environmental issues to drive stainless steel demand
LME nickel returns to $15,000 level on expected Fed interest rate cut LME nickel returns to $15,000 level on expected Fed interest rate cut
Jun .26.2025
LME nickel returns to $15,000 level on expected Fed interest rate cut
Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode
Jun .26.2025
Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode