Net Sales$16.2 billion. Net Profits/Losses- $299.29 million. 8. Hyundai Steel Company. Korean Steel major Hyundai Steel Company was founded in 1953 in Incheon and Seoul, South Korea. It was the first steel maker in Korea and is the member of Hyundai KIA Motor Group Company.
has weakened on the global market amidst a growth in oil prices, boosting prices across all metals, with steel being no exception. In addition, the year 2016 saw steel prices hit a record of USD 500 per tonne since 2014. The metal product output and consumption arena has also witnessed several developments.
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