Korea Joongang Daily
Korea JoongAng Daily

Posco Q3 net profit up more than 400 percent to ￦2.63 trillion

Steelmaker Posco reported Monday its net profit for the third quarter at 2.63 trillion won ($2.2 billion), up more than 400 percent from a year earlier.

2021-10-25

After pandemic, industries confront rising material prices

Prices of raw materials like iron ore, steel and copper have been surging, posing fresh challenges to Korean companies hoping for a rebound from the pandemic, particularly construction companies and shipbuilders.

2021-05-09

Soaring iron ore prices batter Korea's steelmakers

The price of iron ore, the key ingredient for steelmaking, reached its highest level in more than six years this month, surpassing $130 per ton.

2020-09-28