Hyundai Steel, Stock Price Down 0.69% at This Time... 678,534 Shares Net Sold by Individuals in the Last 5 Days

As of 9:30 AM on the 6th, Hyundai Steel is trading at 43,250 KRW, down 0.69% from the previous day. The trading volume is 499,578 shares, which is about 16.33% of the previous day's volume. Hyundai Steel is known as an integrated steel mill producing long products and plates.

On December 31, Kim Yoo-hyuk, a researcher at Hanwha Investment & Securities, stated, "Recently, global steel prices have been strong due to government stimulus policies and expectations of economic recovery worldwide. Considering that major steelmakers announced steel price increases in January 2021, the current upcycle is expected to continue until the first half of 2021. We believe that the rise in distribution prices is likely to lead to price increases in demand sectors such as shipbuilding, automobiles, and construction, and expect this to result in an increase in the company's ASP, which has a high proportion of domestic and captive sales." He set Hyundai Steel's target price at 48,000 KRW.

Over the past five days, individual investors have net sold 678,534 shares of Hyundai Steel, while foreigners and institutions have net bought 82,843 shares and 308,361 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

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

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