Hyundai Steel, Stock Price Down 2.67% at This Hour... 968,156 Shares Net Sold by Individuals in Last 5 Days

As of 2:31 PM on the 11th, Hyundai Steel is trading at 45,500 KRW, down 2.67% from the previous day. The trading volume is 2,841,196 shares, which is about 63.86% of the previous day's volume. Hyundai Steel is known as an integrated steel mill producing long products and plates.

On January 6, analyst Hyunsoo Lee of Yuanta Securities stated, "The input cost of raw materials for Hyundai Steel's plate products, which will be reflected from 1Q21, is expected to rise sharply. Therefore, 1Q21 is likely to be the period with the largest price fluctuation factor for cold-rolled steel sheets in the past four years. The first half of 2021 is considered the best timing to raise cold-rolled steel sheet prices. The price increase of cold-rolled steel sheets is expected to alleviate concerns about the captive market, which has been a valuation discount factor, as well as improve earnings." He set Hyundai Steel's target price at 53,000 KRW.

Over the past five days, individual investors have net sold 968,156 shares of Hyundai Steel, while foreigners and institutions have net bought 176,670 shares and 485,262 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated 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.