20
May
02:49
Hyundai foresees no further steel production cuts
South Korea's Hyundai Steel will not cut steel production further, according to its ceo, Kallanish learns.
Although the Covid-19 pandemic has caused the steel market to weaken, the company has made no more plans to reduce production. The steelmaker is anticipating an improved situation in the third quarter.
Hyundai Steel operates three blast furnaces and one electric arc furnace in its Dangjin steel mill, 120 kilometres away from Seoul. In early 2020, th…
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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