Oci turns to profits in Q2

SEOUL– Oci Co. on Wednesday reported its second-quarter net income of 145.3 billion won (US$125.7 million), shifting from a loss of 38.2 billion won a year earlier. Operating income for…

POSCO to build nickel sulfate refinery

SEOUL– POSCO, the world’s fifth-largest steelmaker by output, said Wednesday it will build a new nickel sulfate refinery to meet rising demand for electric vehicle (EV) batteries. The steel giant…