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Posco hopes for 'rebound' in second half of 2012

February 06, 2012 - 06:02 GMT Location: Shanghai

Posco warned of a difficult first half in 2012, after reporting an 12% drop in net profit last year.

"In 2012, we think [the first half] will be difficult, but [the second half] should show a slight rebound,” ceo Chung Joon-yang said in a conference call. “As the US economy and the Chinese economy that is closely related to the...

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Carbon Steel Flat Products

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