DB HiTek delays DB World alloy iron unit business suspension to June 30, 2027 from Sept. 30, 2026
Bitget2026/09/29 07:51- DB HiTek corrected a prior disclosure, pushing a subsidiary’s planned temporary business suspension date to June 30, 2027.
- The earlier date was Sept. 30, 2026.
- The suspension covers DB World’s ferroalloy segment, cited as loss-making amid a steel industry downturn.
- The halted business represented KRW 40.06 billion in 2025 sales, equal to 28.9% of the parent’s consolidated revenue.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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