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POSCO to cut production of hot rolled steel

POSCO сократит производство горячекатаной стали
South Korean steelmaker POSCO has scheduled maintenance plans for its hot rolling mills in Pohang and Gwangyang, and the planned work will be carried out from mid-April to early May, which will result in production losses for POSCO and reduce the supply of hot rolling. - market of rolled steel.

The annual production capacity of the hot rolling mills in Pohang and Gwangyang is about 5.1 million tons, respectively. The refurbishment will reduce production by 200,000 tons at both plants separately, for a total of 400,000 tons.
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