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15 Jul
01:00

Hyundai Steel expects extra $8.76 billion in sales by 2025

South Korea’s Hyundai steel has announced an ambitious plan to increase its revenues to KRW 31 trillion ($27.4 billion) by 2025 from annual sales of around KRW 20 trillion currently. The plan includes further expansions to its special steel division and to its international ambitions, Kallanish notes. The steelmaker expects revenues to hit KRW 26 trillion by 2020 and grow just as fast over the following five years. Key to the increase in sales over the…
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