Steelmakers forge hot-roll supply deals with Hyundai subsidiaries

Nov 30, 2007 | 08:49 AM | Hongmei Li

Two major Chinese steel industry players have laid plans to supply hot-rolled product to subsidiaries of South Korea's Hyundai Motor Group.

Jiangsu Shagang Group Co. Ltd., China's largest private steel mill, has signed a memorandum of understanding to supply 240,000 tonnes of hot-rolled coil to auto sheet producer Hyundai Hysco, Seoul, South Korea, in 2008 as part of a long-term supply deal, a Shagang sales executive said. The volume supplied will be reviewed and is adjustable, he added, but declined to disclose further details.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results