Hyundai BNG Steel Changwon Plant to Halt Production Starting from the 18th

[Asia Economy Reporter Lee Seon-ae] Hyundai BNG Steel announced on the 23rd that its Changwon plant has been in a production halt state since the 18th.

The reason for the production halt is a strike due to differences between labor and management positions. Production disruptions are occurring in stainless steel cold rolling and other areas. The company stated that the sales amount in the production halt sectors is 523.8 billion KRW, which is 77% of last year's sales.