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27 Mar
00:00

Korea's Hyundai Steel to absorb Hysco

South Korea’s Hyundai Steel could absorb sister company Hyundai Hysco in just days according to reports in the Korean Media. The merger would put all major steel facilities in the Hyundai Motor group under Hyundai Steel and confirm its focus on automotive steels, Kallanish notes. Hyundai Steel has said that the deal could be complete by the end of the month, according to the Korea Times. Hyundai Hysco currently operates eleven service centers for autom…
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