[Concall] Hyundai Steel "Iron Ore Prices Expected to Decline in Q2"
[Asia Economy Reporter Hwang Yoon-joo] Hyundai Steel stated in its Q4 earnings conference call on the 28th that "the upward trend in iron ore prices is expected to decline from the second quarter."
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They further explained, "With the global economic recovery, demand from advanced countries and China has increased, but supply has not normalized, causing iron ore prices to surge sharply since January this year."
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