07
Jan
00:00
Hyundai Motor spending binge boosts Korean steel
South Korea’s Hyundai Motor Group has announced a massive spending plan for the next four years which will see it invest a combined KRW 80.7 trillion ($73.2 billion). Despite the international nature of the investment, Korean steelmakers, and especially Hyundai Steel, are likely to have most to gain, Kallanish notes.
KRW 49 trillion of the total will be invest in new facilities including KRW 34.4 trillion on a series of new domestic plants to produce e…
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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