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Showing posts from February, 2020

Nippon Steel stainless steel launched a unified "nssts" stainless steel trademark

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Nippon Steel Stainless Steel Co., Ltd. has set up "nssts" (Nippon Steel Stainless Series) as its exclusive brand of steel specification stainless steel series products. The original "NSSC" series developed by Nippon Steel Sumitomo Co., Ltd., the "NSS" series developed by Nippon Steel, the "nssmc-nar" series stainless steel products developed by Nippon Steel Sumitomo Co., Ltd. and the exclusive stainless steel products developed by the newly established Nippon Steel Co., Ltd. after integration will be produced and sold with the new trademark of "nssts" in the future.

POSCO achieved operating profit of more than 1 trillion won for 9 consecutive quarters

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As of the end of the third quarter of 2019, POSCO has made more than 1 trillion won in operating profit for nine consecutive quarters. POSCO announced in a conference call on October 24 that the comprehensive operating revenue in the third quarter was 15988.2 billion won, the operating profit was 1039.8 billion won and the net profit was 496.8 billion won. Although the operating profit of the current quarter is lower than that of the previous quarter, the overall performance remains unchanged, which is mainly due to the better performance of POSCO International's natural gas well business in Myanmar, as well as the energy income brought by the improvement of construction progress and the increase in electricity price of the POSCO e & C project. In the third quarter, POSCO's non consolidated sales revenue was 7735.9 billion won, operating profit was 662.5 billion won, and net profit was 499 billion won. After some production lines were overhauled in the second quarter, ...