Hyundai Steel plans KRW 844.2 billion investment in new plant
South Korea's Hyundai Steel Co announced its plans to invest KRW 844.2 billion towards construction of a new plant in the western coastal area of the country. The plant will deal in production of next-generation special steel. Completion of the facility is expected by October 2015.
A division of Hyundai Motor Group, Hyundai Steel, will be responsible for the construction of the new plant in Dangjin, nearly 123 kilometers southwest of Seoul.
(www.steelguru.com)
Friday, January 3, 2014
Hyundai Steel invest KRW 844.2 billion towards construction of a new plant
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