POSCO Stops Some Of Its Production Lines

- Jun 12, 2020-

It is reported that due to the business decline rising from the coVID-19 epidemic. South Korea's POSCO has suspended some of its production lines and decided to allow some emplovees to take paid leave on June 8 The monthly salary of emplovees with paid vacation will be 70% of usual, and POSCO said that it does not consider layoffs at presentIn addition, due to equipment repairs and maintenance work, POSCO has postponed the plan to restart a blast furnace in Gwangvang. South Jeolla in May.

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