Hi-Steel, Expectation of 64 Trillion LNG in Alaska by Ministry of Industry ↑.. Highlighted as a Major Beneficiary from Trump [Special Stock]

[Financial News] Hi-Steel is strong during the day. It is interpreted that there is an expectation of benefits from the news that the Ministry of Trade, Industry and Energy will visit Anchorage, Alaska, USA from the 2nd to the 3rd of next month to attend the '4th Alaska Sustainable Energy Conference'.
As of 10:34 AM on the 29th, Hi-Steel is trading at 4,350 won in the securities market, up 7.14% from the previous trading day.
Through this conference, the state of Alaska plans to share related industries such as wind, solar, and hydro power with major government officials, businessmen, and research institutes around the world. In particular, key details of the recently promoted Alaska LNG project will be introduced.
Lee Ho-hyun, Director of Energy Policy, who is attending as a representative of Korea, will visit Alaska and participate in a roundtable hosted by the US Department of Energy (DoE) on June 3.
The Alaska LNG project is a mega project that extracts natural gas from Prudhoe Bay in the north and transports it to the southern export terminal through a 1,300 km pipeline, liquefies it, and sells it. The initial budget alone is estimated at about 45 billion dollars (64 trillion won).
Hi-Steel is a specialized manufacturer of steel pipes and is classified as a representative related stock whenever Donald Trump, President of the United States, issues related negotiation instructions.

dschoi@fnnews.com Choi Doo-sun Reporter