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S.Korea POSCO to halt some plants due to trucker strike -company spokesperson

06/12/2022

Less than a minute

2022.06.12 15:52

S.Korea POSCO to halt some plants due to trucker strike -company spokesperson
FILE PHOTO: The logo of POSCO is seen at the company’s headquarters in Seoul, South Korea, July 20, 2016. REUTERS/Kim Hong-Ji/File Photo

SEOUL (Reuters) – South Korea’s POSCO (NYSE:PKX) said on Sunday it plans to halt production at some of its plants in the country from Monday due to a glut of finished products that could not be shipped due to a strike by truckers.

A company spokesperson said the decision affects plants in Pohang, adding that production at its steel plants in Gwangyang will continue.

06/12/2022

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