Hyundai Steel Co. has indefinitely suspended operations at its Pohang No.2 plant from June 7 due to a severe demand slump, reflecting ongoing challenges in South Korea's steel industry.
#YonhapInfomax #HyundaiSteel #PohangPlant #DemandSlump #ProductionDecline #PlantShutdown #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67072

Hyundai Steel Co. is set to sell its undercarriage business at Pohang Plant 1 to Daejoo-KC Group after a 65% sales drop, amid ongoing restructuring and cost-cutting measures.
#YonhapInfomax #HyundaiSteel #PohangPlant #UndercarriageBusiness #DaejooKCGroup #SalesDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65869

South Korea’s steel industry faces a crisis as the US plans to double tariffs to 50%, threatening its 9% market share and prompting urgent local production strategies.
#YonhapInfomax #SteelTariffs #POSCO #HyundaiSteel #USExports #MarketShare #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65802

S&P maintains Hyundai Steel's 'BBB' credit rating with stable outlook, citing gradual profitability improvements despite concerns over U.S. steel tariffs and large-scale overseas investments.
#YonhapInfomax #HyundaiSteel #CreditRating #SP #SteelIndustry #USInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63190

NICE Investors Service warns of increasing credit risk in the steel industry, with Hyundai Steel's $5.8 billion U.S. investment posing a financial burden amid poor market conditions and oversupply concerns.
#YonhapInfomax #SteelIndustry #CreditRisk #HyundaiSteel #NICEInvestorsService #FinancialBurden #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60920

Hyundai Steel secures low-carbon certification for rebar, expanding its eco-friendly construction materials portfolio and showcasing its commitment to carbon reduction in the steel industry.
#YonhapInfomax #HyundaiSteel #LowCarbonCertification #Rebar #GreenBuilding #CarbonReduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60855

Hyundai Steel reports Q1 operating loss of 19 billion won, marking second consecutive quarter in red, but beats market expectations amid challenging steel market conditions and strike impacts.
#YonhapInfomax #HyundaiSteel #OperatingLoss #Q1Earnings #SteelMarket #USInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60213

Hyundai Steel anticipates collaboration with POSCO in various sectors for US and domestic operations, forecasting improved sales and gradual recovery in construction industry
#YonhapInfomax #HyundaiSteel #POSCO #USInvestments #DomesticBusiness #ConstructionIndustry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60211

Hyundai Steel anticipates collaborative opportunities with POSCO across various sectors in both US and domestic operations, as discussions progress towards positive outcomes.
#YonhapInfomax #HyundaiSteel #POSCO #BusinessCooperation #USOperations #DomesticBusiness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60205

Hyundai Steel reports Q1 operating loss of 19 billion won, marking second consecutive quarter in deficit, though narrower than market expectations
#YonhapInfomax #HyundaiSteel #OperatingLoss #Q1Earnings #FinancialPerformance #SteelIndustry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60184

Hyundai Steel reports Q1 operating loss of 19 billion won, marking second straight quarter of negative earnings amid challenging market conditions
#YonhapInfomax #HyundaiSteel #OperatingLoss #Q1Earnings #SteelIndustry #ConsecutiveQuarters #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60178

Hyundai Steel announces one-month closure of Incheon plant's rebar production line in April, implementing emergency management measures including voluntary retirement amid industry slowdown
#YonhapInfomax #HyundaiSteel #IncheonPlant #Shutdown #EmergencyManagement #VoluntaryRetirement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=55858

Hyundai Steel announces company-wide voluntary retirement program for employees aged 50 and above, offering severance pay and educational benefits amid emergency management measures.
#YonhapInfomax #HyundaiSteel #VoluntaryRetirement #EmergencyManagement #CostCuttingMeasures #BusinessConditions #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=55659

Hyundai Steel explores funding options for $6.5 billion US steel mill investment, considering green finance and DOE loans while ruling out rights issue
#YonhapInfomax #HyundaiSteel #USInvestment #ElectricArcFurnace #GreenFinance #FundingOptions #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=55656

Hyundai Steel's $5.8 billion investment in U.S. electric arc furnace steel mill receives positive market reaction, despite concerns over potential rights issue and profitability challenges
#YonhapInfomax #HyundaiSteel #USInvestment #ElectricArcFurnace #LowCarbonProduction #Profitability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=55614

Hyundai Steel announces $5.8 billion investment in Louisiana steel mill, focusing on automotive steel production and carbon reduction strategies
#YonhapInfomax #HyundaiSteel #LouisianaInvestment #SteelMillConstruction #AutomotiveSteel #CarbonReduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=55443

Hyundai Steel implements emergency management measures including executive pay cuts and voluntary retirement program amid steel industry crisis, while facing ongoing labor disputes.
#YonhapInfomax #HyundaiSteel #EmergencyManagement #ExecutivePayCut #VoluntaryRetirement #SteelIndustryCrisis #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54166

Hyundai Steel partners with HD Hyundai Group for new thick plate production and LPG/ammonia carrier manufacturing, enhancing global competitiveness in shipbuilding and steel industries.
#YonhapInfomax #HyundaiSteel #HDHyundai #ThickPlateProduction #ShipbuildingIndustry #TechnologicalCooperation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53882

South Korea's Trade Commission issues preliminary anti-dumping ruling on Chinese steel plates, potentially offering relief to domestic steel industry amid weak demand and low-price competition
#YonhapInfomax #TradeCommission #AntiDumpingRuling #ChineseSteelPlates #HyundaiSteel #DomesticSteelIndustry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51562

S&P warns US steel tariffs to impact Korean steelmakers more severely than global competitors, potentially reducing sales and profits
#YonhapInfomax #USSteelTariffs #SouthKoreanSteelmakers #POSCO #HyundaiSteel #ExportCompetitiveness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51233