Industry News

POSCO delays blast furnace resumption again

Views : 381
Update time : 2020-07-07 16:18:16
South Korean POSCO announced again to delay the resumption of its third blast furnace, which was caused by the global low demand for steel products. Previously, the company planned to hold the operation of its Gwangyang third blast furnace until late May.

During this period of time, the repair and maintenance work would be done; however, the resumption date was delayed to June. So far, there was no fixed time for the operation resumption of this Gwangyang third blast furnace.
Related News
Read More >>
ArcelorMittal opens first Brazilian solar plant early ArcelorMittal opens first Brazilian solar plant early
Dec .11.2025
ArcelorMittal opens first Brazilian solar plant early
LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29% LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29%
Dec .11.2025
LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29%
Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited
Dec .11.2025
Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited
Global supply strains position Japan for higher aluminium premiums in 2026 Global supply strains position Japan for higher aluminium premiums in 2026
Dec .11.2025
Global supply strains position Japan for higher aluminium premiums in 2026