A rare 5.4-magnitude earthquake hit South Korea's southeast Wednesday afternoon, the second most powerful quake on record, in a country that seldom experiences significant tremors. The quake, which was felt across much of the country including in the capital Seoul, struck at the shallow depth of nine kilometres (six miles) near the southeastern industrial city of Pohang at around 2:30 pm (0530 GMT), the Korea Meteorological Administration said. The South Korean port city of Pohang is home to the headquarters of Posco -- the country's top, and the world's fourth largest, steelmaker.
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