Hyundai Steel, Stock Price -0.21% at This Time... 2,429,062 Shares Net Sold by Individuals in the Last 5 Days

As of 11:31 AM on the 30th, Hyundai Steel is trading at 48,300 KRW, down 0.21% from the previous day. The trading volume is 1,039,934 shares, which is about 28.98% of the previous day's volume. Hyundai Steel is known as an integrated steel mill producing long products and flat products.

On March 25, researcher Moon Kyung-won of Meritz Securities stated, "While the spread for flat products is widening, long products remain resilient beyond concerns. Currently negotiating prices with major customers in the shipbuilding and automotive industries. Positive results are expected in 2Q21. There are still positive factors such as rising demand for rebar for housing, and the valuation is not burdensome. Positive elements remain, including increased rebar demand due to housing supply expansion policies. Although there are some risks such as rising electric furnace costs due to carbon emission reduction and increased use of steel scrap, abundant positive factors are judged to outweigh these risks." He set Hyundai Steel's target price at 53,000 KRW.

Over the past five days, individual investors have net sold 2,429,062 shares of Hyundai Steel, while foreigners and institutions have net bought 814,943 shares and 1,764,313 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.