Dongbu Steel "Negotiations for Electric Furnace Sale Underway... No Specific Details Decided"
[Asia Economy Reporter Park Jihwan] Dongbu Steel announced on the 3rd that regarding the report on 'Selection of KG Dongbu Steel Electric Furnace Sale Preferred Negotiation Partner,' "No specific details have been decided."
The company stated, "We are continuing negotiations with the preferred negotiation partner concerning the sale of hot-rolled machinery (electric furnace equipment), but no specific details such as detailed contract terms have been decided."
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They added that they will re-disclose when specific details are decided or within six months.
This content was produced with the assistance of AI translation services.
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