[Featured Stock] SeAH Steel Hits Record High... "Top Beneficiary of Alaska LNG Development"

SeAH Steel Holdings is showing strong performance in early trading. As U.S. President Donald Trump mentioned South Korea as a partner in the Alaska natural gas pipeline project, SeAH Steel Holdings has been identified as the biggest beneficiary, driving investor sentiment.

As of 9:05 a.m. on the 6th, SeAH Steel Holdings was trading at 202,000 KRW, up 11.79% (21,300 KRW) from the previous close, hitting a 52-week high. Pipeline manufacturers and suppliers expected to benefit from increased LNG (liquefied natural gas) drilling due to Alaska development have been on the rise, and SeAH Steel Holdings joined the rally.

The Alaska project is expected to involve various products including stainless steel (STS) pipes, well pipes, and structural pipes. SeAH Steel Holdings, the top domestic pipe manufacturer with a production capacity of 1.6 million tons, is attracting market attention. Jinbeom Kim, a researcher at Sangsangin Securities, said, "Although the Alaska LNG project is still in the consultation stage between South Korea and the U.S., and uncertainties remain, if the project proceeds, SeAH Steel Holdings will be the biggest beneficiary," adding, "It is expected to enjoy the positive effects of Trump's policies such as the abolition of quota systems and increased sales volume due to tariffs imposed by three countries."