04
Feb
00:00
Hyundai Steel takes over Dongbu Special
South Korea’s Hyundai Steel belatedly completed the acquisition of Dongbu Special Steel on 30 January after finally receiving approval from the Korea Fair Trade Commission. The completion of the deal, first agreed in November, marks the start of Hyundai’s challenge to existing Korean special steel companies, Kallanish notes.
Hyundai Steel now owns 50% of the 300,000 tonnes/year special steel maker, while sister companies Hyundai Wia and Hyundai H…
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Anonymous
Very good overview of the weekly steel market.
Anonymous