27
Jul
10:26
Hyundai Steel's Q2 operating profit soars
South Korean steelmaker Hyundai Steel's sales and operating profit both rose sharply in the second quarter of this year. This was helped by demand from the auto industry and higher sales of long products.
The steel mill's sales in the second quarter of this year were KRW 7.13 trillion ($5.6 billion), an increase of 11.7% from the previous quarter. Operating profit and consolidated net profit for the period rose 39.3% and 34.8% from Q1, respectively, to KRW…
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Anonymous
Very good overview of the weekly steel market.
Anonymous