ough to build some 250 million compact cars. Crude Steel Production (2004) = 12.67 million tons
Gwangyang - Constructed in four phases between September 1982 and October 1992 on Korea's southern coast, the nation's second integrated steelworks is among the world's most advanced. Gwangyang focus on manufacturing automotive steel, high-strength structure steel, API line pipe steel, and other strategic product categories. Crude Steel Production (2004) = 16.23 million tons
Hyundai Steel Co., Ltd,
HSC (formerly known as Hyundai INI Steel, and before that, Inchon Iron & Steel Co., Ltd., is a steel company headquartered in Inchon and Seoul, South Korea. Established in 1953, Hyundai Steel is the oldest/most experienced steel making company in Korea and is currently one of the major companies of the Hyundai-Kia Automotive Group.
Hyundai Steel is the world's second largest EAF steel producer. Hyundai Steel produces a wide variety of products ranging from its high quality H-beams to reinforcing bars. Currently, Hyundai Steel operates 4 factories, 3 factories are located in the Incheon, Dangjin, and Pohang province of Korea and the other factory is located in China's Chungdo province.
In addition to Hyundai Steel, the Hyundai-Kia Autmotive group includes steel companies such as, Hyundai Hysco (formerly known as Hyundai Steel Pipe Co., Ltd.) and BNG Steel Co., Ltd. (formerly Sammi Steel Co., Ltd.). Hyundai Steel uses the EAF process to manufacture steel while BNG and Hyundai Hysco are cold rolling mills.
Hyundai Steel, in 2004, had purchased the facilities of the defunted Hanbo Steel in Dangjin. They have taken the once rundown steel company and has refurnished and revitalised its facilities to make it one of the most efficient steel plants in Korea. Currently HSC is planning to create third Blast Furnace at Dangjin. Once Hyundai Steel completes its BF no.3 in 2013, the total annual capacity of the company will reach 23 million tons per annum and the Hyundai-Kia Automotive Group will become the only car maker with an in-house steel mill to supply steel sheets for the production of automobiles.
DBS, is a South Korean multinational corporation and have made significant contributions to the steel and iron industries both in Korea and abroad. Dongbu Steel is a leading producer of cold-rolled products and are positioned to become the world's leader for steel sheet products, steel and iron coating, and new products. Dongbu Steel have played a key role in the development of Korea's core industries including automotive, electronics and construction.
The company's products include cold-rolled steel sheet, galvanized steel sheet, pre-painted steel sheet, tinplated steel sheet, medium and large diameter pipe, welded light H-beam, PEB, cold heading quality wire, cold drawing bar, and more. The Asan Bay Works, established in 1999, has the world's first fully automated process from production to physical distribution. Because of this innovative process Dongbu Steel have realized the world's lowest production costs, positioning Dongbu Steel as the most competitive company specialized in coating and steel sheet.
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