POSCO shut down a wire rod mill at its Pohang factory after a glut originating in China led to a steep drop in production volumes. On Tuesday, POSCO announced that the Unit 1 wire rod mill at its ...

South Korea's largest steelmaker, Posco Group, shut down one of its steel wire rod mills in the city of Pohang this week in response to rising global competition from Chinese producer, according ...

All operations at British Steel are being maintained, including Scunthorpe Rod Mill. Lisa Coulson, interim chief commercial officer at British Steel, said: "This has been a difficult and worrying time ...