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70 news items from South Korea. Show all
Hyundai Steel, South Korea's second-largest steelmaker by sales, announced it will resume operations at its cold-rolled steel plant this week and restart wage negotiations with its labor union. The facility, part of the…
Hyundai Steel, South Korea's second-largest steelmaker, is accepting voluntary layoffs from technical workers as it navigates industry headwinds and uncertainties surrounding a potential second Trump presidency…
Dongkuk CM, a subsidiary of Dongkuk Steel Group, plans to file an anti-dumping complaint against Chinese-origin color-coated and galvanized steel imports used in the construction sector. The move, in collaboration with…
South Korea's Hyundai Steel has suspended operations at its cold-rolled steel plant in Dangjin, South Chungcheong, following a monthlong strike by workers demanding pay increases, according to local media reports. The…
South Korea plans to impose provisional anti-dumping duties of up to 38pct on Chinese hot-rolled heavy plates starting next month. Following a Trade Commission meeting, the Ministry of Trade, Industry and Energy (MOTIE)…
South Korean special steel producer Seah Besteel is intensifying its global market expansion by developing specialized steel wire rod materials for the energy sector. The company recently announced the successful…
Hyundai Steel, South Korea's second-largest steelmaker, sold over 1 mln tons of automotive steel sheets to non-affiliated foreign automakers in 2024, marking a significant milestone, Ked Global reported. The company…
Hyundai Steel, South Korea's top rebar producer, has suspended production at its Incheon and Pohang plants until the end of January due to a slump in the construction market, leading to declining demand and prices…
Hyundai Motor Group is considering building its first overseas steel mill in New Orleans, Louisiana, to shield itself from potential protectionist policies under Donald Trump's second term, according to industry…
Posco has placed an order with Danieli Rotelec for a Multi-Mode Electro Magnetic Stirrer (MM-EMS) to be installed on slab caster #1 at steel plant #2 in Gwangyang Works, Korea. Slab caster #3 at the same plant, which is…
Posco, Hyundai Steel, the Korea Expressway Corporation Research Institute (KECRI), and the Korean Recycled Construction Resources Institute (KRCRI) have partnered to promote the use of steel byproducts in highway…
South Korea's steel industry will increase prices for general steel products starting January, driven by a sharp rise in the KRW-USD exchange rate and soaring import raw material costs. This marks a shift from earlier…
Hyundai Steel has reversed its decision to shut down its Pohang Plant No. 2 in Gyeongsangbuk-do following strong opposition from the labor union, according to local media reports. On December 3, the company rescinded…
South Korean steelmaker Posco has announced the closure of its Wire Rod Plant 1 at the Pohang steelworks in North Gyeongsang Province. The decision was attributed to a persistent global oversupply of steel, an influx of…
Hyundai Steel, South Korea's second-largest steel producer, plans to indefinitely suspend operations at its second plant in Pohang due to a construction slowdown and fierce price competition from Chinese steel imports…
Korea's Posco Group is considering selling Posco Zhangjiagang Stainless Steel (PZSS) in China, part of a broader effort by Chairman Jang In-hwa to restructure low-profit and non-core assets, according to the local media…
The Ministry of Trade, Industry, and Energy has launched an anti-dumping investigation into Chinese-origin HRC plates following a complaint from Hyundai Steel on July 31. Hyundai Steel, a leading South Korean steel…
Hyundai Steel in Dangjin, South Korea, has ordered a blast furnace gas injection study from Primetals Technologies, set to be conducted in two phases. Phase 1 will assess the effects of injecting hydrogen-bearing gases…
South Korean steel producer Posco has selected Primetals Technologies to supply a new tilting drive for LD converter (BOF) No. 3-2 at its Pohang plant, which began operation in June 2024. Primetals handled engineering…
Primetals Technologies and Posco have signed a cooperation agreement to design and implement a HyREX demonstration plant at Posco's facility in Pohang, South Korea. This initiative builds on a memorandum of…
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