POSCO's China JV shuts steel production for one week
2020-02-24 08:27:41 [Print]
Zhangjiagang Pohang Stainless Steel Co Ltd, a China-based joint venture of China's Jiangsu Shagang Group and South Korea's POSCO, said last Thursday it had shut down production lines for one week from Feb.20 due to the coronavirus outbreak.
The shutdown, which involves the venture's steel smelting, hot-rolled and cold-rolled production, is expected to reduce the company's monthly steel output by 21,000 tonnes, a spokesman from the company said.
The shutdown, which involves the venture's steel smelting, hot-rolled and cold-rolled production, is expected to reduce the company's monthly steel output by 21,000 tonnes, a spokesman from the company said.
