US EditionHyundai Steel temporarily shuts down rebar plant on low demand
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Social News XYZHyundai Steel temporarily shuts down rebar plant on low demand
Seoul: Hyundai Steel, South Korea’s second-biggest steelmaker, said on Tuesday it has temporarily shut down one of its three domestic steel reinforcement bar (rebar) plants due to low demand. The rebar plant in Incheon, just west of Seoul, will be suspended for the entire month of April, a company spokesperson said, adding the other two plants remain operational, reports Yonhap news agency. The company expects the plant’s one-month suspension wi…
Hyundai Steel shuts down rebar plant for first time amid flood of Chinese low-priced steel
Hyundai Steel, Korea's second-biggest steelmaker, on Tuesday shut down its steel reinforcement bar in Incheon amid sluggish demand hit by China's competitively priced products.
·Seoul, Korea, Republic of
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