Report
EUR 235.08 For Business Accounts Only

Hyundai Steel Company: Update following H1 2020 results - Improving profitability and leverage metrics support credit quality

Our credit view of Hyundai Steel reflects its strong domestic market position, offset by its exposure to raw material and exchange rate fluctuations.
Underlying
Hyundai Steel Company

Hyundai Steel is engaged in the manufacture and distribution of steel products. Co.'s products are reinforcing bars, wide flange beams, H shaped steel, structural tees, steel-deformed bars and piles. Co. also manufactures stainless steel sheets and coils, including cold rolled stainless steel sheets, hot rolled steels, coils and other steel casting products.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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