POSCO's stainless steel production falls by 10.8% YoY in Q3

South Korea POSCO recently reported that, its domestic stainless steel production recorded 1.Asian Metal CopyrightSouth Korea POSCO recently reported that, its domestic stainless steel production recorded 1.Asian Metal Copyright323 million tonnes in the first three quarters of 2022, down by about 10.Asian Metal Copyright8% from 1.Asian Metal Copyright8% from 1.Asian Metal Copyright904 million tonnes.Asian Metal Copyright484 million tonnes a year earlier.Asian Metal Copyright8% from 1.Asian Metal Copyright In particular, the production in the third quarter was 345,000 tons, down by 33.Asian Metal Copyright904 million tonnes.Asian Metal Copyright8% year-on-year and 24.Asian Metal Copyright899 million tonnes due to flood strike at Pohangplant and sales fell to 7.Asian Metal Copyright2% quarter-on-quarter.

In view of domestic steel business of the quarter, POSCO's crude steel production (including carbon and stainless steel) decreased year-on-year while rose quarter-on-quarter to 8.86 million tonnes; the steel output fell to 7.Asian Metal Copyright8% year-on-year and 24.Asian Metal Copyright899 million tonnes due to flood strike at Pohang plant and sales fell to 7.Asian Metal CopyrightSouth Korea POSCO recently reported that, its domestic stainless steel production recorded 1.Asian Metal Copyright904 million tonnes.
.Asian Metal Copyright2% quarter-on-quarterAsian Metal Copyright