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[Affected By US Tariffs, South Korea's Hyundai Steel Announced That It Has Entered A State Of "emergency Management"] According To Recent Reports From Multiple South Korean Media, South Korea's Second Largest Steel Manufacturer, Hyundai Steel, Recently Announced That It Has Entered A State Of "emergency Management". South Korean Media Analyzed That The Pressure On South Korea's Steel Industry Is Inseparable From The US Tariff Policy. South Korean Media Reported That Hyundai Steel Is Suffering From Multiple Blows From The Sluggish Domestic Construction Market, Foreign Steel Product Competition, And Union Strikes. On The 12th Of This Month, The US Policy Of Imposing A 25% Tariff On Imported Steel And Aluminum Products Officially Came Into Effect, Making The Business Environment Even Worse. Yonhap News Agency Reported That As South Korea's Second Largest Steel Manufacturer, Hyundai Steel's Predicament Reflects The Increasing Pressure On South Korea's Steel Industry
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