Hyundai Steel to spin off metal forming division as Hyundai Integrated Forging

Hyundai Steel will spin off its metal casting and free forging business into a new subsidiary tentatively named Hyundai Integrated Forging Co., with initial capital of 521.8 billion won, effective April 1, 2020.

“Hyundai Steel will spin off its metal casting and free forging business as a subsidiary to improve business efficiency and competitiveness.”pulse.mk.co.kr

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• pulse.mk.co.krHyundai Steel to spin off metal forming division - 매일경제 영문뉴스 펄스(Pulse)Feb 25, 2020

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