Yonhap Infomax NewsFeb 20
Hyundai Steel Co. faces mounting financial pressure as it commits $5.8 billion to a US plant, with high interest rates and weak earnings raising concerns over its ability to manage debt and deliver on its North American expansion amid global regulatory and market headwinds.
#YonhapInfomax #HyundaiSteel #USInvestment #OperatingProfit #InterestExpense #CarbonRegulation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105952
[War of Steel 2.0] 'Operating Profit = Interest?' Hyundai Steel Faces Pressure Over US Investment Bet

Hyundai Steel Co. faces mounting financial pressure as it commits $5.8 billion to a US plant, with high interest rates and weak earnings raising concerns over its ability to manage debt and deliver on its North American expansion amid global regulatory and market headwinds.

Yonhap Infomax
Elle ButterworthNov 21, 2022

My thoughts on #COP27    from an #energy perspective:

Overall I was disappointed by the focus on effects not causes. Demand-side policies absent. Missing some key energy conversations that seem to be considered domestic policy issues. BUT some positives...

There was some talk of #NetZero #carbonregulation for non-state actors (I've covered this in another post)

Some energy deals were done, notably on Green #Hydrogen (mostly EU partnering with various windy places) and funding for Indonesia.