Reportedly, Korean Hyundai Hysco cut its production target for this year due to sluggish automotive industry. It's learned that as Hyundai Motor' car output decreased by 20.7% year on year to 142,895 units in March. Also, Korea's car production fell by 5.2% quarter on quarter to around 1.114 million units in the first quarter of this year, showing that Hyundai Hysco's sales volumes of auto-use plats dropped as well.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64037&division=A9
