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POSCO's stainless steel production & sales increases in Q1

23 May 2019 16:22 reported by Sharon Hung

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It was reported that in the first quarter of 2019, POSCO's stainless steel output was around 500,000 tons, up from 470,000 tons in the previous quarter and 490,000 tons in the same period a year ago.

Among them, stainless steel sales volume was 510,000 tons roughly, higher than the previous quarter's 446,000 tons and slightly lower than the 510,000 tons year on year.

In addition, its crude steel output increased year-on-year and fell to around 9.4 million tons month-on-month; steel output decreased year-on-year and increased to 9 million tons roughly. Besides, due to export growth, its steel sales increased to around 9.3 million tons, but slightly decreased year-on-year.

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