Korean steel giant Posco announced that its sales volumes of cold rolled (CR) steel products dropped obviously in February.
It’s learned that the sales volumes of Posco’s 7 major CR steel products totaled 1.031 million in February, falling by 10.3% year on year.
Among them, 442,000 tons were made to domestic markets, decreasing by 13.5% and the remaining 589,000 tons were to export markets, falling by 7.7%, both compared to those in a month ago.
It’s analyzed that the decreased sales volumes of Posco’s CR steel products were caused by fewer working days in the period.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63480&division=A2