KG Steel Sells Hot-Rolled Electric Furnace Machinery for 90.7 Billion KRW
[Asia Economy Reporter Kim Hyung-min] KG Steel announced on the 25th that it has decided to sell idle equipment, specifically the hot-rolled electric furnace machinery, to the Romanian Galati Steel Plant operating corporation of the UK-based Liberty Steel Group for approximately 90.7 billion KRW. The contract was signed on the same day, and the disposal amount accounts for 3.27% of the total assets.
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