Hankook Steel Co., Ltd. is a leading South Korean cast steel specialist, producing cast steel products, free-forging ingots, and compressed scrap iron for various industries for over 40 years. The company focuses on supplying core components for heavy industries such as steelmaking, shipbuilding, power generation, and crushers. As a company listed on the Korea Exchange, it maintains a stable market position, with its headquarters and factories located in Haman-gun, Gyeongsangnam-do, supplying products to both domestic and international markets.HankookSteelCo.,Ltd.isaleadingSouthKoreancaststeelspecialist,producingcaststeelproducts,free-forgingingots,andcompressedscrapironforvariousindustriesforover40years.Thecompanyfocusesonsupplyingcorecomponentsforheavyindustriessuchassteelmaking,shipbuilding,powergeneration,andcrushers.AsacompanylistedontheKoreaExchange,itmaintainsastablemarketposition,withitsheadquartersandfactorieslocatedinHaman-gun,Gyeongsangnam-do,supplyingproductstobothdomesticandinternationalmarkets.
Key Products/TechnologiesKeyProducts/Technologies
Key product lines include cast steel products such as slag pots, ladles, and housing mills for iron and steel plants.Keyproductlinesincludecaststeelproductssuchasslagpots,ladles,andhousingmillsforironandsteelplants.
Manufacturing of stern cast steel components like rudder horns, propeller bosses, and tillers for the shipbuilding industry.Manufacturingofsterncaststeelcomponentslikerudderhorns,propellerbosses,andtillersfortheshipbuildingindustry.
Production of various industrial cast steel parts for crushers, including swing jaws, upper and lower frames, top shells, and flanges.Productionofvariousindustrialcaststeelpartsforcrushers,includingswingjaws,upperandlowerframes,topshells,andflanges.
Free-forging ingots encompass general ingots, round ingots for wind power flanges, and high-purity ESR ingots for nuclear components.Free-forgingingotsencompassgeneralingots,roundingotsforwindpowerflanges,andhigh-purityESRingotsfornuclearcomponents.
Possession of a 50-ton electric arc furnace, two 10-ton induction furnaces, and VD, VOD, LF ESR facilities, enabling an annual production capacity of 80,000 tons.Possessionofa50-tonelectricarcfurnace,two10-toninductionfurnaces,andVD,VOD,LFESRfacilities,enablinganannualproductioncapacityof80,000tons.
Expertise in producing various carbon steel, alloy steel, and stainless steel grades, including 42CrMo4, 350 LF2, A182F2, A860WPHY70, and others.Expertiseinproducingvariouscarbonsteel,alloysteel,andstainlesssteelgrades,including42CrMo4,350LF2,A182F2,A860WPHY70,andothers.
Holding patents for construction-related technologies such as mechanical rebar couplers, composite head reinforcement methods for steel pipe piles, and pile connection structures for precast concrete piles.Holdingpatentsforconstruction-relatedtechnologiessuchasmechanicalrebarcouplers,compositeheadreinforcementmethodsforsteelpipepiles,andpileconnectionstructuresforprecastconcretepiles.
A business segment involved in the production of compressed scrap iron, processed from waste steel, supplied as raw material to electric arc furnace steelmakers.Abusinesssegmentinvolvedintheproductionofcompressedscrapiron,processedfromwastesteel,suppliedasrawmaterialtoelectricarcfurnacesteelmakers.
Core AdvantagesCoreAdvantages
Accumulated know-how and technical expertise in cast steel production over 40 years since 1960.Accumulatedknow-howandtechnicalexpertiseincaststeelproductionover40yearssince1960.
Possession of large-scale cast steel manufacturing capabilities exceeding 50 tons, a top-tier competitive advantage in Korea.Possessionoflarge-scalecaststeelmanufacturingcapabilitiesexceeding50tons,atop-tiercompetitiveadvantageinKorea.
Offering a broad product portfolio across various downstream industries such as steelmaking, shipbuilding, power generation, and crushers.Offeringabroadproductportfolioacrossvariousdownstreamindustriessuchassteelmaking,shipbuilding,powergeneration,andcrushers.
Securing quality reliability through numerous manufacturing process approvals from leading global classification societies including DNV, LLOYD, GL, NK, KR, ABS, BV, RINA, and CCS.SecuringqualityreliabilitythroughnumerousmanufacturingprocessapprovalsfromleadingglobalclassificationsocietiesincludingDNV,LLOYD,GL,NK,KR,ABS,BV,RINA,andCCS.
Ensuring stable raw material supply and a vertically integrated supply chain through its compressed scrap iron business.Ensuringstablerawmaterialsupplyandaverticallyintegratedsupplychainthroughitscompressedscrapironbusiness.
Maintaining a stable market position in an industry characterized by high entry barriers for new competitors.Maintainingastablemarketpositioninanindustrycharacterizedbyhighentrybarriersfornewcompetitors.
A commitment to continuous technological development and quality improvement activities, ensuring the supply of high-quality products.Acommitmenttocontinuoustechnologicaldevelopmentandqualityimprovementactivities,ensuringthesupplyofhigh-qualityproducts.
Stable revenue structure based on long-term business relationships with major domestic and international corporations like POSCO, Hyundai Steel, and Hyundai Heavy Industries.Stablerevenuestructurebasedonlong-termbusinessrelationshipswithmajordomesticandinternationalcorporationslikePOSCO,HyundaiSteel,andHyundaiHeavyIndustries.
Target IndustrieTargetIndustrie
Primary application industries include components for iron and steel manufacturing plants.Primaryapplicationindustriesincludecomponentsforironandsteelmanufacturingplants.
Supply of critical stern cast steel parts and equipment for the shipbuilding industry.Supplyofcriticalsterncaststeelpartsandequipmentfortheshipbuildingindustry.
Production of components for mining machinery and crushing equipment.Productionofcomponentsforminingmachineryandcrushingequipment.
Provision of parts for large-scale industrial facilities such as power generation equipment and cement plants.Provisionofpartsforlarge-scaleindustrialfacilitiessuchaspowergenerationequipmentandcementplants.
Supply of high-purity ingot materials for wind power generation and nuclear industries.Supplyofhigh-purityingotmaterialsforwindpowergenerationandnuclearindustries.
Production of special grade ingots for the petroleum industry.Productionofspecialgradeingotsforthepetroleumindustry.
Application of specialized construction methods, including mechanical rebar couplers and pile connection structures, in the construction sector.Applicationofspecializedconstructionmethods,includingmechanicalrebarcouplersandpileconnectionstructures,intheconstructionsector.
Supply of valve components for general industrial applications.Supplyofvalvecomponentsforgeneralindustrialapplications.
Major MarketsMajorMarkets
Japan, ChinaJapan,China
United Kingdom, Germany, Norway, France, ItalyUnitedKingdom,Germany,Norway,France,Italy
United StatesUnitedStates
Certifications/PatentsCertifications/Patents
Holds manufacturing process approvals from major global classification societies including DNV, LLOYD, GL, NK, KR, ABS, BV, RINA, and CCS.HoldsmanufacturingprocessapprovalsfrommajorglobalclassificationsocietiesincludingDNV,LLOYD,GL,NK,KR,ABS,BV,RINA,andCCS.
Achieved ISO 9001 quality management system certification.AchievedISO9001qualitymanagementsystemcertification.
Certified by the Ministry of Science and Technology for the establishment of an R&D department.CertifiedbytheMinistryofScienceandTechnologyfortheestablishmentofanR&Ddepartment.
Recognized with New Excellent Technology (NET) certifications from the Ministry of Trade, Industry and Energy for its mechanical rebar coupler device and precast PHC pile connection technology.RecognizedwithNewExcellentTechnology(NET)certificationsfromtheMinistryofTrade,IndustryandEnergyforitsmechanicalrebarcouplerdeviceandprecastPHCpileconnectiontechnology.
Secured excellent product certification from the Public Procurement Service, enhancing competitiveness in public procurement markets.SecuredexcellentproductcertificationfromthePublicProcurementService,enhancingcompetitivenessinpublicprocurementmarkets.
Registered a utility model for a pile connection structure for precast concrete piles (No. 0273764).Registeredautilitymodelforapileconnectionstructureforprecastconcretepiles(No.0273764).
Obtained design registration for a rebar coupling (No. 0306348).Obtaineddesignregistrationforarebarcoupling(No.0306348).
Filed a patent application for a pile connection structure with enhanced confinement for PHC pile connections (No. 0057092).FiledapatentapplicationforapileconnectionstructurewithenhancedconfinementforPHCpileconnections(No.0057092).
Registered a patent for an easy-to-fasten rebar splicing device and construction method (No. 0387998).Registeredapatentforaneasy-to-fastenrebarsplicingdeviceandconstructionmethod(No.0387998).
Introduction
Location
585 Jangbaek-ro, Beopsu-myeon, Haman, Gyeongsangnam-do, South Korea
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Information
585 Jangbaek-ro, Beopsu-myeon, Haman, Gyeongsangnam-do, South Korea