As of 11:31 AM on the 23rd, Hyundai Steel is trading at 44,100 KRW, down 0.34% from the previous day. The trading volume is 389,502 shares, which is 43.73% of the previous day's volume. Hyundai Steel is known as an integrated steel mill producing long products and plates.


On March 19, researcher Lee Jaegwang of Mirae Asset Daewoo stated, "2021 Outlook: Significant performance improvement possible if cold-rolled steel sheet prices increase. Domestic hot-rolled coil prices have risen 33% since April last year, nearing an all-time high. This is due to strong raw material prices and demand recovery after COVID-19. If cold-rolled steel sheet prices increase in the first half, operating profit is expected to reach 710 billion KRW this year. Demand recovery due to expanded vaccine distribution and continued strong steel prices are anticipated." He set Hyundai Steel's target price at 55,000 KRW.


Over the past five days, individual investors have net sold 252,635 shares of Hyundai Steel, while foreigners and institutions have net bought 182,334 shares and 93,406 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 financial AI specialist company Thinkpool.


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

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