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Korean steel giant POSCO announced that its sales volumes of CR steel products dropped obviously in February.

According to the report, POSCO said that the sales volumes of POSCO 7 major CR steel products totaled 1.031 million in February, falling by 10.3% YoY.

Among them, 442,000 tonne were made to domestic markets, decreasing by 13.5% and the remaining 589,000 tonne were to export markets, falling by 7.7%, both compared to those in a month ago.

It’s analyzed that the decreased sales volumes of POSCO’s CR steel products were caused by fewer working days in the period.