Dongkuk evaluates possible plate mill shutdown

South Korea’s Dongkuk Steel has been considering whether to shut down one of its two plate mills amid continuously falling shipment volumes of the product.

“Dongkuk Steel is considering a halt to operations of its No2 plate mill, but no decision has been made yet,” the South Korean steelmaker said in a short filing with the Korea Exchange (KRX) late on Monday May 4.
It will make an update announcement on the matter on June 4, it added.



Juan Weik

May 05, 2015

15:19 GMT