Fan heaters, hair dryers, clothes drying racks and whatever else could be used, was used to dry equipment, according to Sohn Seung-rak from Pohang steel mill, as he recalled the events of Sept. 6 when the plant was flooded by Typhoon Hinnamnor
Posco was forced to shut its steel plant, including three furnaces in Pohang, on Sept. 6 after the plant was flooded due to the Typhoon Hinnamnor. Posco is estimated to have lost 2 trillion won in revenue and its subcontractors 250 billion won.
Posco Holdings' consolidated net profit plunged 77 percent in the third quarter, largely impacted by the shutdown of its Pohang steel mill that was flooded by Typhoon Hinnamnor last month.
Posco Holdings reported a 71 percent drop in operating profit in the third quarter on year. The results were disclosed Wednesday in a preliminary earnings report, which did not detail net profit. Posco Holdings said its operating profit during ...
Towers at a driving range in Geoje, South Gyeongsang, were toppled by strong winds brought by Typhoon Nanmadol, which indirectly influenced coastal cities in Korea, toppling trees and leaving one person injured.
Strong winds brought on by Typhoon Nanmadol have toppled trees and caused power outages in southeastern Korea, leaving one person injured and hundreds others evacuated, officials said Monday.
Small fishing boats are stored on a hillside road in Haeundae District, Busan, to avoid being damaged as Typhoon Nanmadol, which is moving toward Japan, is expected to bring strong winds and heavy rainfall to southern coastal cities Monday morning.
Posco will lose an estimated 2.04 trillion won ($1.5 billion) of sales as a result of typhoon damage at hot rolling facilities in Pohang, North Gyeongsang, the steelmaker said Friday.
Typhoon Nanmadol, currently moving north from waters off Japan's Okinawa, is expected to affect Korea's southern island of Jeju and part of the country's south coast beginning this weekend, the weather agency said Thursday.
Another typhoon may be approaching Korea, which is still recovering from the devastation of Typhoon Hinnamnor.