Hyundai Steel to Invest 2.1522 Trillion Won in U.S. Affiliate
Hyundai Steel announced on December 16 that it will invest approximately 2.1522 trillion won in its U.S. equity affiliate, Hyundai Steel USA. Following the investment, Hyundai Steel will hold a 100% stake in the company.
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The company stated that the purpose of this measure is to invest in an electric arc furnace steel mill specializing in automotive steel sheets in the United States.
This content was produced with the assistance of AI translation services.
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