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16 Jul
11:00

Hyundai Steel to mass-produce 9% Ni steel plates

South Korea‘s Hyundai Steel has announced that it will start mass production of 9% nickel steel thick plates used for liquefied natural gas (LNG) fuel tanks to meet growing demand, Kallanish notes. The is the first case of a South Korean domestic steel producer kicking off commercial production of the material. Hyundai Steel aims to break the country’s 100% dependence on imported supplies. In December 2020, the firm completed development of 9% Ni stee…
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