As of 2:31 PM on the 8th, Hyundai Steel is trading at 44,700 KRW, up 3.35% from the previous day. The trading volume is 2,661,340 shares, which is 169.95% of the previous day's volume. Hyundai Steel is known as an integrated steel mill producing long products and plates.


On March 8, Kim Hyuntae, a researcher at BNK Investment & Securities, stated, "Although the price increase of cold-rolled steel sheets is delayed more than expected, the steel market remains strong enough to maintain solid 1Q performance. Furthermore, the profit momentum in 2Q is expected to be very strong, and with the price increase of cold-rolled steel sheets, a stable profit level is expected to be maintained in the second half of the year." He set Hyundai Steel's target price at 50,000 KRW.


Over the past five days, individual investors have net sold 399,361 shares of Hyundai Steel, while foreigners and institutions have net bought 207,391 shares and 188,930 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


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

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