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Hyundai Steel to launch HRC capacity expansion project

Hyundai Steel plans to start its capacity expansion project with the upgrading of hot rolling equipment at its Dangjin plant in Seoul from February 11th 2012 to February 25th 2012, following which it will gradually expand the flat steel output capacity at Dangjin. Hyundai Steel stated that during the upgrading work in question its HRC output would see a slight decrease, but would not influence the planned annual output volume. Meanwhile, Hyundai Steel also plans to buy a roughing mill and a reheating furnace for its Dangjin facilities. The overall HRC capacity expansion project is expected to be completed by June 2013. Sourced from Steel Orbis

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