US EditionHyundai Steel mulls sale of caterpillar track division at Pohang plant
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Hyundai Steel mulls sale of caterpillar track division at Pohang plant
Hyundai Steel, Korea's second-largest steelmaker, said Monday it is considering selling a division that produces caterpillar tracks at one of its domestic plants, amid a prolonged slump in the construction industry. The company is in talks with Daejoo.KC — whose business spans steel structures to auto components — to sell the caterpillar track division of Pohang 1 plant, located 273 kilometers southeast of Seoul, a Hyundai spokesperson said. "Sa…
·Korea, Republic of
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