Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Equity Bottom-Up

It was reported in numerous Korean media today that the Trump administration plans to impose much higher tariff rates on Korean steel products and that this official announcement by the US government is likely to be made in the next few days (by end of September). The implementation of the much higher tariff rates is likely to be effective starting this year. On the back of this news, the major steel stocks in Korea are lower today: <ul>
<li>
<a href="https://www.smartkarma.com/entities/208" target="_blank" data-smartkarma-citation="entities:208:1">POSCO (005490 KS)</a> - down 4.0%</li>
<li>
<a href="https://www.smartkarma.com/entities/963" target="_blank" data-smartkarma-citation="entities:963:1">Hyundai Steel Co (004020 KS)</a> -…</li>
</ul>

It was reported in numerous Korean media today that the Trump administration plans to impose much higher tariff rates on Korean steel products and that this official announcement by the US government is likely to be made in the next few days (by end of September). The implementation of the much higher tariff rates is likely to be effective starting this year. On the back of this news, the major steel stocks in Korea are lower today: 

POSCO (005490 KS) - down 4.0%

Hyundai Steel Co (004020 KS) -…


Trump Administration Plans to Impose Much Higher Tariff Rates on Korean Steel - Impact on POSCO

Thematic (Sector/Industry)

The "One-Shot Act" (also called The Special Act on the Corporate Revitalization) effectively started in Korea on 16 August when <a href="https://www.smartkarma.com/entities/8656" target="_blank" data-smartkarma-citation="entities:8656:1">Hanwha Chemical Corp (009830 KS)</a> became the first company to proactively file its application. The One-Shot Act was passed into law in February 2016. The One-Shot Act will help companies to accelerate spin-offs and mergers through simplified structures as well as provide tax benefits and subsidies for R&amp;D. The companies that want to benefit from the One-Shot Act need to…

The "One-Shot Act" (also called The Special Act on the Corporate Revitalization) effectively started in Korea on 16 August when Hanwha Chemical Corp (009830 KS) became the first company to proactively file its application. The One-Shot Act was passed into law in February 2016. The One-Shot Act will help companies to accelerate spin-offs and mergers through simplified structures as well as provide tax benefits and subsidies for R&amp;D. The companies that want to benefit from the One-Shot Act need to…

Start of One-Shot Act - The Good, Bad, and the Ugly

South Korea

Dongkuk Steel Mill Co., Ltd. manufactures a variety of steel products.  The Company's products include rod steel for reinforced concrete, shape steel, and steel sheet for the construction and shipbuilding industries.

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Dongkuk Steel Mill (001230 KS)

Trump Administration Plans to Impose Much Higher Tariff Rates on Korean Steel - Impact on POSCO

It was reported in numerous Korean media today that the Trump administration plans to impose much higher tariff rates on Korean steel products and...

Douglas Kim

Start of One-Shot Act - The Good, Bad, and the Ugly

The "One-Shot Act" (also called The Special Act on the Corporate Revitalization) effectively started in Korea on 16 August when Hanwha Chemical...

Douglas Kim

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)