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POSCO takes Q3 hit from typhoon-induced procedure halt

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In a disclosure to the Korea Stock Market, POSCO Holdings claimed that its third quarter operating earnings dived by 71% compared to June-September in 2014 to KRW 920 billion ($ 364 million), while its net revenue endured an also bigger YoY fall of 77% to KRW 592 billion. At an early stage September 6

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POSCO Holdings, the listed arm of South Korea's largest steelmaker, POSCO, has quantified the damage to its bottom line when last month's massive typhoon forced the company to halt all operations at its mainstay Pohang works for the first time in the...

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