Kia may buy Chinese steel for domestic production


SEOUL, April 25 (Reuters) - Kia Motors Corp , South Korea's No.2 auto maker, may consider importing steel from China for car production in South Korea, a company executive said on Friday. "We have no reason not to buy Chinese steel if prices are reasonable and quality is good," Ahn Hee-bong, Kia's executive vice president, told reporters after the company announced stronger-than-expected first-quarter earnings. On Thursday, its affiliate Hyundai Motor Co , the country's top car maker, ...

Premium Content (PAID Subscription Required)

"Kia may buy Chinese steel for domestic production" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×