Yonhap Infomax NewsSouth Korea’s steel giants Hyundai Steel and Dongkuk Steel are suspending major rebar plants amid a construction slump, Chinese import pressure, and falling prices, signaling deepening industry distress.
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https://en.infomaxai.com/news/articleView.html?idxno=70082
#YonhapInfomax
#HyundaiSteel #DongkukSteel #RebarPrices #ConstructionSector #OperatingLoss
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70082
Hyundai Steel, Dongkuk Steel Shut Down Rebar Plants in Succession—South Korea’s Steel Industry on High Alert
South Korea’s steel giants Hyundai Steel and Dongkuk Steel are suspending major rebar plants amid a construction slump, Chinese import pressure, and falling prices, signaling deepening industry distress.