26
Feb
02:53
Southern Korean steelmakers restructure business in China
Southern Korean steelmakers have been struggling with the weak Chinese automotive market in 2019. Facing falling demand and sales prices, Korean steelmakers have decided to restructure their businesses in China, Kallanish notes.
Hyundai Steel plans to reduce its business offices in China to seven from nine. It will integrate service centres in Beijing and Tianjin and apply the same measures to the offices in Shanghai and Suzhou. As the main sup…
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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