[Concall] POSCO Holdings "Q2 Crude Steel Production 8 Million Tons... Impact of Blast Furnace Renovation"
POSCO Holdings announced on the 25th that the crude steel production volume of the steel company POSCO recorded 8 million tons as it decreased following the first quarter due to maintenance schedules such as blast furnace repairs.
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The company stated, "With sales volume also decreasing, fixed costs increased," and added, "The sales environment in the third quarter is not comfortable, but with the completion of blast furnace and downstream process repairs, production volume is expected to recover to above the first quarter level. Additionally, if raw material costs decline, cost reduction will be possible, leading to potential profit improvement compared to the second quarter."
This content was produced with the assistance of AI translation services.
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