23
Nov
12:51
Hyundai, Dongkuk win ‘one shot’ government approval
South Korea’s Hyundai Steel and Dongkuk Steel Mill have received approval this week to receive government benefits while restructuring their businesses. Both steelmakers are in the process of selling facilities in order to streamline operations and boost profits, Kallanish notes.
Korea passed the Corporate Vitality Improvement Special Act, also known as the One Shot Act, in August and struggling industrial sectors are now turning to the act for support. Be…
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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