An unknown buyer acquired 3.6% stake in Korea Steel Shapes Co., Ltd. from NongHyup Bank.
November 24, 2016
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An unknown buyer acquired 3.6 % stake in Korea Steel Shapes Co., Ltd. (KOSE:A007280) from NongHyup Bank on November 25, 2016. Under the terms, NongHyup Bank sold 0.65 million shares, decreasing its stake to 2.7% from 6.3%.
An unknown buyer completed the acquisition of 3.6% stake in Korea Steel Shapes Co., Ltd. (KOSE:A007280) from NongHyup Bank on November 25, 2016.
Korea Steel Co Ltd, formerly Korea Steel Shapes Co Ltd, is a Korea-based company mainly engaged in the manufacturing and sale of steel products. The Companyâs products include billets, section steels, such as equal angles, un-equal angles, channels, checked channels, elevator rails, profiles and others, steel bars, such as round steel bars, screw bar steels and square bar steels, as well as flat steels, among others. It also provides related by-products. The Companyâs products are used in shipbuilding, machinery, construction, civil engineering and other industries. The Company distributes its products within domestic market and to overseas markets.
KOREA STEEL CO., LTD. 
