30
Apr
09:37
Hyundai Steel improves first-quarter performance
South Korean steelmaker Hyundai Steel posted a first-quarter net profit of KRW 219.9 billion ($197.5 million), turning from a loss of KRW 115.4 billion one year earlier, Kallanish notes. Higher prices of its main products used in cars, ships and construction were supported by strong demand amid the global economic recovery in Q1, the firm explains.
Revenue meanwhile rose 5.6% to KRW 4.93 trillion, and operating profit came to KRW 303.9 billion, compared to K…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous