7,855.06 TL BIST 100 BIST 100
28.92 $ USD USD
€31.16 EUR EUR
38.38 TL Interest Interest
74.67 $ Fossil Oil Fossil Oil
23.80 $ Silver Silver
3.75 $ Copper Copper
132.52 $ Iron Ore Iron Ore
387.00 $ Ship Dismantling Ship Dismantling
1,883.86 TL Gold (gr) Gold (gr)

POSCO produced 50 million tons of stainless steel

The South Korean company reached 50 million tons of stainless steel production in September.

POSCO produced 50 million tons of stainless steel

POSCO, one of South Korea's leading companies, reported that it produced approximately 50 million tons of stainless steel on September 18. The company in question established its first stainless steel facility in March 1989.

On September 18, POSCO reached a cumulative stainless steel production of 50 million tons, which is equivalent to a length of 5.26 million kilometers of cold-rolled coils, enough to circle the earth 131 times. It took about five years to increase this production from 40 million tons to 50 million tons.

In addition, the company in question operates three stainless steel facilities with an annual production capacity of 2.1 million tons.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Striking increase in Turkey's scrap exports in October: 151 percent!

Thursday, December 7, 2023

KARDEMİR will establish a 27.3 MW solar power plant in Van

Thursday, December 7, 2023

This week in European steel market!

Thursday, December 7, 2023

Oman surpasses expectations with surging steel exports and pioneering sustainability initiatives

Thursday, December 7, 2023

Rebar and wire rod prices continue to increase under the leadership of Icdas

Thursday, December 7, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now