[Asia Economy Reporter Hwang Yoon-joo] Hyundai Steel announced on the 28th that "the electric furnace thin slab hot rolling plant is currently suspended" and "the final decision will be made in the second half of the year."



In the Q2 earnings conference call, Hyundai Steel explained, "Basically, a business restructuring is underway to enhance the competitiveness of the steel business and secure profitability in the mid to long term."


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