#dongkuksteel — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #dongkuksteel, aggregated by home.social.
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South Korea’s steel giants Hyundai Steel and Dongkuk Steel are suspending major rebar plants amid a construction slump, Chinese import pressure, and falling prices, signaling deepening industry distress.
#YonhapInfomax
#HyundaiSteel #DongkukSteel #RebarPrices #ConstructionSector #OperatingLoss
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70082 -
Dongkuk Steel Mill Co. has secured an additional KRW 100 billion ($72 million) in short-term bank loans for operating funds, raising its total bank borrowings to KRW 1.2238 trillion ($882 million), with the facility covering both working capital and trade finance.
#YonhapInfomax #DongkukSteel #ShortTermLoans #OperatingFunds #BankBorrowings #KRW100Billion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68549