POSCO ( (PKX) ) has shared an update.
POSCO, a major player in the steel industry, reported its financial performance for the first three quarters of 2024, highlighting a decline in sales and operating income across most of its business segments compared to previous years. The company attributed the decrease primarily to a downturn in China’s real estate sector and a delayed recovery in demand industries, which impacted global crude steel production.
More about POSCO
YTD Price Performance: -49.64%
Average Trading Volume: 319,231
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $14.07B
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