Page 31 - Gwangyang News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Korean steelmaker POSCO said Sunday it has resumed operations at a key steel plant after a three-month-long suspension due to a typhoon. On Thursday, POSCO restarted the No. 2 hot-rolled steel production plant in Pohang, 374 kilometers southeast of Seoul, bringing the number of normalized plants to 13 out of 18 plants following the natural disaster, the company said in a statement. The No. 2 hot-rolled steel plant processes 5 million tons, or 33 percent, of 14.8 million tons of steel products churned out at POSCO's integrated steel mill. Hot-rolled steel is used in manufacturing high-end cold-...

Unionized cargo truck drivers voted to return to work, Friday, ending their 16-day-long strike, after their collective action was met with toughened measures by the government, which had been responding with unprecedented return-to-work orders.

Shipments from major ports and cement production sites are recovering after days of disruptions over the truckers' strike, the government said Saturday, as the walkout appears to be losing steam in the face of a tough government stance.

SYDNEY (Reuters) - Australia will play a big role in South Korea's ambition to lead the electric vehicle batteries market and diversify from China for...

Nickel spot prices were higher the last month and the LME inventory was lower. Click here to learn more.