Posco, the world’s No 4 steelmaker, may cut output next year if market conditions deteriorate further and a weaker won currency depresses earnings in the coming months, the company said. For full story, click here
A clear picture about Posco India’s raw material security and finalisation of the mining lease of the Khandadhar iron ore block for the company by Indian state’s Orissa government will happen by the end of this month. For full story, click here For company’s website, click here
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