Author: Lalita

  • South Korea: Hyundai Steel crude steel output, sales dip in CY’21

    South Korea: Hyundai Steel crude steel output, sales dip in CY’21

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    South Korean steel major Hyundai Steel reported a y-o-y decline in its crude steel production and steel sales volumes in CY’21. Lower production and sales volumes were mainly due to restructuring, facility and labour issues. The company released its operational and financial results for CY’21 on 27 Jan’22. Operational highlights (non-consolidated) – Crude steel output…