Hyundai Automotive Group is expected formally to announce plans for constructing a new integrated steel mill complex that will handle the entire steel-making cycle, from smelting ore to producing various industrial steels. The proposed project is estimated to cost about 6 trillion won ($6 billion) for the first stage. The mill eventually will be capable of producing 3million tons (2.7 million t) of steel annually, the conglomerate says. Hyundai Group, which owns Hyundai Motor Co. Ltd. ...
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