01
Nov
03:44
Hyundai Steel’s quarterly profit squeezed by higher energy costs
In the third quarter, South Korea’s second largest steelmaker Hyundai Steel reported halved income and profits on a year-on-year basis, but the accumulative value still managed to grow year-to-date, Kallanish observes from filings to the Korea Exchange (KRX).
Quarterly operating income was down 54.9% on-year at KRW 373 billion ($263 million), taking ytd income to KRW 1.89 trillion, up 13% from a year earlier. Sales were KRW 7 trillion and KRW 21.36 tril…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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