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Photo – Hyundai Steel steps up cost-saving measures amid US tariffs and competition
Hyundai Steel steps up cost-saving measures amid US tariffs and competition

The company has cut executive salaries and is considering a voluntary resignation program for employees

Photo – South Korea imposes provisional duties on heavy plates from China
South Korea imposes provisional duties on heavy plates from China

Temporary anti-dumping duties will come into force after approval by the Ministry of Economy and Finance

Photo – Hyundai Steel expands its low-carbon steel sales network
Hyundai Steel expands its low-carbon steel sales network

This was in response to the global demand for carbon neutrality and the implementation of CBAM

Photo – POSCO invests $381.7 million to modernize blast furnace No. 4 in Pohang
POSCO invests $381.7 million to modernize blast furnace No. 4 in Pohang

The company has already put the unit into operation

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