26
Jun
01:00
Dongkuk chairman resigns amid controversy
Chang Saejoo has resigned as chairman of South Korea’s Dongkuk Steel Mill saying he takes responsibility for the “many troubles facing the company.” In addition to leading the company through a period of serious losses, he is also under investigation for alleged embezzlement, Kallanish notes.
Dongkuk will now attempt to continue its reorganisation and return to profit under the leadership of Chang’s younger brother, Chang Sewook. The …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous