[Asia Economy Reporter Hwang Yoon-joo] Hyundai Steel announced on the 27th during the 2021 Q2 earnings conference call that "Operating profit for special steel turned positive in Q2, and the positive trend is expected to continue in the second half of the year."


They also stated, "The quality issues of special steel have greatly improved," emphasizing, "The quality has reached a level comparable to competitors, and through cost reduction, the positive earnings trend is expected to be sustained to a significant extent."



They added, "We will develop specialized parts for the electric vehicle market and expand sales to the global market."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing