Things looking up for South Korea's Posco as S&P upgrades outlook

S&P Global Ratings has revised its outlook for South Korean steelmaker Posco to ‘stable’ from ‘negative’, the ratings agency said on Thursday February 16.

“We expect Posco to improve its operating performance modestly over the next two years [as it increases its] value-added product sales and [maintains] good operating efficiency,” S&P said. The ratings agency also...


Lorenzo Holt

February 16, 2017

12:58 GMT