[Featured Stock] Steel Company Highsteel Surges Over 18%
Steel company HiSteel is on the rise.
As of 9:39 AM on this day, HiSteel is trading at 4,340 KRW, up 18.74% compared to the previous day.
Although there was no special positive news to drive up steel stocks, a media outlet reported that Tangshan City in Hebei Province, the largest steel-producing city in China, sent a letter ordering a reduction in crude steel production.
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As a result, it is interpreted that steel companies such as HiSteel saw their stock prices rise on the judgment that domestic steel manufacturers would benefit.
This content was produced with the assistance of AI translation services.
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