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POSCO warns of slow steel demand, high costs in H2

North Korea Times | July 22, 2011 | 11:45 am Europe Iron Ore

Employees of POSCO walk near a sculpture with POSCO’s logo at the company’s headquarters in Seoul July 22, 2011. POSCO, the world’s No. 3 steelmaker, met market expectations with a 17 percent fall in quarterly operating profit on Friday, hurt by firm raw