South Korean steel and auto parts producer
Hyundai Hysco has announced that its hot rolled coil (
HRC) consumption will increase by 500,000 mt in 2012.
Hyundai Hysco is expected to consume 5 million mt of
HRC this year, with its
HRC consumption expected to rise by 500,000 mt next year due to increased hot dip galvanized (HDG) plate
production in line with the planned commissioning of the continuous galvanizing line (CGL) at its Suncheon plant in 2012.
Of
Hyundai Hysco's total 5.5 million
HRC consumption next year, 1 million mt will be used in pipe
production, with the remaining 4.5 million mt to be used in
production of cold rolled galvanized steel plate.