Hyundai Steel Decides to Halt Production at Ulsan Plant
[Asia Economy Reporter Minji Lee] Hyundai Steel announced on the 4th that it has decided to halt production at its Ulsan plant due to partial production stoppages caused by ongoing partial strikes at partner companies.
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The sales amount in the production stoppage sector is 782.6 billion KRW, accounting for 3.8% of the sales revenue in 2019. The company explained, "Production disruptions are expected due to the production stoppage."
This content was produced with the assistance of AI translation services.
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