eco-friendly steel
Scope
Date
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Investment Fund
SK, China’s Geely eye investment fund for hydrogen, eco-friendly business
South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...
Jan 27, 2021 (Gmt+09:00)
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ESG bonds
Hyundai Steel receives $1.9 bn in orders for green bonds
South Korea-based Hyundai Steel Co. received around 2 trillion won ($1.9 billion) worth of orders in Monday's bookbuilding for its green bond issue,...
Jan 19, 2021 (Gmt+09:00)
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Steel
Dongkuk Steel wows industry with color steel plates, earnings surprise
GAMMANDONG, BUSAN -- The global steel industry underwent an unprecedented slump in 2020, with demand from the shipbuilding and automobile industries...
Jan 13, 2021 (Gmt+09:00)
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Energy
Hanwha Solutions to raise $1 bn to boost eco-friendly energy businesses
Hanwha Solutions Corp. is preparing to raise 1.2 trillion won ($1.1 billion) through rights issues to shore up new growth drivers, particularly it...
Dec 22, 2020 (Gmt+09:00)
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Rebars
Dongkuk makes strongest steel bar in S.Korea
Steelmaker Dongkuk Steel Mill Co. has become the first South Korean company to develop a reinforcing bar, or rebar, that can withstand 12.2 tons per...
Dec 04, 2020 (Gmt+09:00)
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Steel
Korean steel majors positioned as 2021 market darlings
Corporate earnings generally come in line with estimates from market analysts, who closely monitor industry conditions. But this year, one sector anal...
Nov 18, 2020 (Gmt+09:00)
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Earnings
POSCO swings to Q3 operating profit vs Q2; steel demand on rise
POSCO, the world’s fifth-largest steelmaker, has swung to an operating profit in the third quarter from the second quarter, when it reported its...
Oct 23, 2020 (Gmt+09:00)
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Bond issue
Hyundai Card issues green bonds worth $379 mn to finance eco-friendly services
Hyundai Card Co. has issued green bonds worth 450 billion won ($379 million) to fund its green car financing services, the credit card company said on...
Sep 10, 2020 (Gmt+09:00)
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Private equity
IMM PE to sell Hollys Coffee to Korean chemical-to-steel group
Seoul-based IMM Private Equity is in the final stages of talks to sell South Korea’s Hollys Coffee to the country’s chemical- to steel-foc...
Sep 09, 2020 (Gmt+09:00)
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Offshore production
SeAH Steel to build biggest offshore wind turbine monopile facility in UK
SeAH Steel Holdings Corporation is gearing up to construct the world's biggest monopile facility for offshore wind turbines following a memorandum of ...
Aug 21, 2020 (Gmt+09:00)
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Steel
steel
Several steelmakers are considering building production bases in the US to survive the triple whammy of high tariff barriers, low emission requireme...
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