06
Jul
01:00
Hyundai to invest $45m in Chongqing service centre
South Korea’s Hyundai Steel is expected to invest around KRW 50 billion ($45 million) in its planned service centre in southwest China’s Chongqing. The project was previously owned by Hyundai Hysco until it merged with Hyundai Steel last week, Kallanish notes.
Further details of the plant are not yet available but the investment continues Hysco’s strategy of locating service centres near automotive production hubs where its group …
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Anonymous
Very good overview of the weekly steel market.
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