S.Korea POSCO to halt some plants due to trucker strike -company spokesperson

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SEOUL (Reuters) – South Korea’s POSCO (NYSE:PKX) said on Sunday it plans to halt production at some of its plants in the country from Monday due to a glut of finished products that could not be shipped due to a strike by truckers.

A company spokesperson said the decision affects plants in Pohang, adding that production at its steel plants in Gwangyang will continue.