UPDATE 1-POSCO sees record crude steel output in 2004

Newswire

(Adds quote, background, shares) SEOUL, Nov 27 (Reuters) - South Korea's POSCO , the world's fourth-largest steel maker, said on Thursday its crude steel output was expected to rise slightly to a record 29 million tonnes in 2004 in line with the recovering economy. A POSCO spokesman told Reuters that would be slightly higher than about 28 million tonnes projected for this year. He said domestic demand for steel products would also probably grow to a record 48 million tonnes next year ...

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