Dongkuk Steel CEO Choi Sam-young issued a formal apology after a fatal accident at the Pohang plant, pledging full cooperation with authorities and comprehensive safety measures to prevent recurrence.
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Dongkuk Steel CEO Issues Official Apology One Day After Pohang Plant Accident
Dongkuk Steel CEO Choi Sam-young issued a formal apology after a fatal accident at the Pohang plant, pledging full cooperation with authorities and comprehensive safety measures to prevent recurrence.
Yonhap Infomax
'Emergency Management' Hyundai Steel Reopens Voluntary Retirement Program at Pohang Plant
Hyundai Steel Co. has reopened voluntary retirement applications for technical staff at its Pohang plant, extending its emergency management measures as the company returns to profitability in Q2 2025.
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Severe Demand Slump—Hyundai Steel Shuts Down Pohang No.2 Plant Indefinitely
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.
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Hyundai Steel to Sell Pohang Plant Undercarriage Business Following Shutdowns and Voluntary Retirement Program
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.
Yonhap Infomax