Hyundai Hysco will renovate hot dipped galvanizing line

Hyundai Hysco will renovate hot dipped galvanizing line

South Korean cold rolling mill Hyundai Hysco considers to renovate the hot dipped galvanizing line which will be acquired from AK Capital next month. The company will invest Won 30 billion (approx. $25 million) for this expansion plan. Hyundai Hysco has agreed with AK Capital earlier this month for the purchase of the hot dipped galvanizing line of Hanbo Steel at a cost of Won 38.5 billion (approx. $32.5 million). The acquisition is scheduled to complete by the third week of August. Hyundai Hysco is planning to complete the renovation of the line in about six months.