(LEAD) Hyundai Steel Q3 net surges on higher prices, high-end products

Hyundai Steel's Q3 net profit soared nearly fivefold to 84 billion won due to higher prices and increased sales of premium steel products, despite a slight drop in operating profit. The company is also building a $5.8 billion steel mill in Louisiana to supply automotive steel to Hyundai Motor Group's U.S. plants, aiming for production start in early 2029.