04
Jun
07:30
Hyundai suspends Danjin steelworks
Covid-19's crackdown on the South Korean construction and automotive industries has forced steel producers to reduce production. Hyundai Steel this week suspended the operation of its Danjin plant, Kallanish notes.
Hyundai Steel's Danjin plant has 1 million tonnes/year of steel capacity, mainly producing hot-rolled flat products just south of Seoul. Due to sluggish local steel demand, the plant reportedly hardly received any orders for June. Hyun…
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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