Hyundai Steel Company: Update following 2022 results - Gradual debt reduction will offset softening earnings
Our credit view of Hyundai Steel reflects its strong domestic market position, offset by its exposure to raw material price and exchange rate fluctuations.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.
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