[Hyundai Steel Concall] "Performance Expected to Improve Significantly from Q4"
[Asia Economy Reporter Hwang Yoon-joo] Hyundai Steel announced on the 28th that "performance is expected to improve significantly from the 4th quarter."
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At the 2nd quarter earnings conference call, Hyundai Steel explained, "For cold-rolled and hot-rolled products, the overall operating rate of overseas automobile factories was the lowest in the 2nd quarter, and with lockdowns easing in the second half of the year, production is expected to increase in the 3rd quarter, with sales anticipated to rise significantly in the 4th quarter."
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