South Korea: Hyundai Steel posts growth in steel output, sales in Q2 CY’21

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South Korean steel giant Hyundai Steel has released its operational results today for Q2 CY’21. Highlights:

  • Crude steel production increased by 3.4% q-o-q to 4.65 mn t, almost stable y-o-y.
  • Steel sales were up by 2.2% q-o-q to 5.03 mn t, higher by 7.8% y-o-y.
  • Increasing demand and improved market conditions boosted the company’s steel production and sales in Q2.

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