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Tokyo Steel keeps product prices steady in Dec for 5th month | Hellenic Shipping News Worldwide

Tokyo Steel keeps product prices steady in Dec for 5th month | Hellenic Shipping News Worldwide
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Tokyo Steel keeps product prices steady in Dec for 5th month

Tokyo Steel Manufacturing Co Ltd, Japan s top electric-arc furnace steelmaker, said on Monday it will hold steel product prices steady in December to reflect lacklustre demand in the construction.

Seoul shares end higher amid US rate hike woes

Seoul shares closed higher Monday despite investor concerns over possible US rate hikes to tame high inflation. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index rose 0.86 percent, or 21.35 points, to close at 2,491.20. Trade volume was moderate at 319.84 million shares worth 6.5 trillion won ($5.03 billion), with gainers outnumbering losers 648 to 229. The Kospi opened nearly.

Hyundai Motor Group replaces CEOs of parts, steelmaking units

Hyundai Motor Group announced on Friday that two executives of the group’s car manufacturing unit were appointed to lead the automotive components and steelmaking subsidiaries, respectively, in order to grow sustainably and respond in an agile manner to the uncertain global business environment.

Hyundai s Eco-Metal: Journey to Neutrality

SynopsisHyundai Steel is making significant strides in eco-friendly steel production. With innovations like quake-resistant H CORE steel and an electric furnace

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