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Posco News

News on Posco (Ticker: PKX) continually updated from thousands of sources around the net.

Friday Feb 3 | The Washington Post

Posco Profit Declines as Slowdown Cuts Steel Demand

Posco, the world's third-largest steelmaker, reported a 12 percent decline in full-year group profit as the economic slowdown eroded demand and prices for the alloy used in cars, ships and construction.

Comment?

Related Topix: Steel, Science / Technology

Fri Jan 27, 2012

Theflyonthewall.com

Posco may build smaller steel mill in India, Bloomberg reports

According to two people familiar with the plans, Posco may build a smaller steel mill than planned in India after failing to secure enough land in the nation, Bloomberg reports.

Comment?

Related Topix: Steel

Thu Jan 26, 2012

Korea Herald

Ministry to crack down on workplaces violating work...

Plans to tighten on-the-spot checks especially at metal and food companies The Ministry of Employment and Labor plans to strengthen the monitoring of working conditions in industries known for excessive overtime and weekend work, as part of its drive to shorten labor hours, officials said Thursday.

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Related Topix: Steel, Lee Myung-bak

Fri Jan 20, 2012

Stock Market Review

POSCO Ups Stake in Pilbara - Analyst Blog

Korean steel producer, POSCO recently announced that the company will acquire a 15% stake in the Roy Hill Holdings, located in one of the richest iron ore belts in Australia, the Pilbara region.

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Related Topix: Steel

The Washington Post

Korean Shipyards to Buy 12% Less Steel as Slump Hits Posco

South Korean shipyards plan to buy 12 percent less steel plate this year, worsening a demand slump that has hurt prices at Posco, the world's biggest producer.

Comment?

Related Topix: Steel, South Korea, World News, Asia, 9, Science / Technology

The Washington Post

Korean Shipyards to Buy 12% Less Steel Plate as Slump Hits Posco

South Korean shipyards plan to buy 12 percent less steel plate this year, worsening a demand slump that has hit prices at Posco, the world's biggest producer.

Comment?

Related Topix: Steel, South Korea, World News, Asia, 9, Science / Technology

Wed Jan 18, 2012

International Business Times

Top Aftermarket NYSE Losers

The company stock surged more than 4 percent in regular trading sessions. BancorpSouth, Inc.

Comment?

Related Topix: Financial Services, BancorpSouth, Banking, Targa Resources Partners LP, Energy, Steel

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