[Concall] Hyundai Steel "Considering Restructuring Low-Profit Businesses This Year as Well"
[Asia Economy Reporter Hwang Yoon-joo] Hyundai Steel stated on the 28th during the Q4 earnings conference call, "This year as well, we will consider restructuring low-profit businesses with continuously low profitability outside of our core businesses."
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They added, "Last year, we made adjustments in three business areas: thin plates, hot rolling, and forging, which resulted in some short-term net losses, but from this year, removing businesses with sustained deficits will be reflected favorably in our profits and losses."
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