Yonhap Infomax NewsJan 30
Hyundai Steel Co. will fund its $1.5 billion US plant investment with internal cash flow, plans to increase CAPEX, and expects to cut its dividend amid weaker earnings.
#YonhapInfomax #HyundaiSteel #USPlantInvestment #InternalCashFlow #DividendReduction #CAPEXIncrease #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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Hyundai Steel to Fund US Plant Investment with Internal Cash—Dividend to Be Reduced This Year

Hyundai Steel Co. will fund its $1.5 billion US plant investment with internal cash flow, plans to increase CAPEX, and expects to cut its dividend amid weaker earnings.

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