GANGNAM-GU SEOUL, Korea, Republic Of (AP) — Posco (PKX) on Thursday reported profit of $386.4 million in its second quarter. On a per-share basis, the Gangnam-Gu seoul, Korea, Republic Of-based company said it had net income of $1.14. The steelmaker posted revenue of $13.5 billion in the period.
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Teck Resources (TECK) completes the sale of its steelmaking coal business, which should enable it to focus on growing its copper growth projects.