As of 11:30 AM on the 10th, Hyundai Steel is trading at 41,300 KRW, up 3.38% from the previous day. The trading volume is 2,263,564 shares, which is 87.95% of the previous day's volume. Hyundai Steel is known as an integrated steel mill producing long products and plates.


On December 10, researcher Byun Jong-man of NH Investment & Securities stated, "The sales volume of the company's main product, automotive steel sheets, is recovering due to increased production by Hyundai Motor and Kia. Therefore, besides the increase in automotive steel sheet sales, an ASP rise effect is also expected due to product mix improvement. The company is establishing a growth vision in the hydrogen fuel cell metal separator and hydrogen production using by-product gas related to the hydrogen vehicle business. The company spun off its forging business and suspended operations of the color steel sheet and electric furnace cold-rolled sheet hot-rolling businesses. Through restructuring low-profit businesses, the company is adjusting its business portfolio." He set Hyundai Steel's target price at 47,000 KRW.


Over the past five days, individual investors have net sold 139,646 shares of Hyundai Steel, while foreigners and institutions have net sold 18,412 shares and net bought 119,734 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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