Information
117 Bundangnaegok-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea
+82 31-510-2150
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Overview
- Summary
- Hyundai Steel, established in 1953 as Korea's first steel company, is a global steel producer of H-beams, reinforcing bars, hot-rolled steel sheets, and heavy plates. It became the first private company to complete an integrated steel mill in 2010, building a world-class product portfolio. As a member of the Hyundai Motor Group, it provides high-performance steel solutions to various industries including automotive, construction, shipbuilding, and heavy machinery. The company actively pursues sustainable management through the development of carbon-neutral technologies and the establishment of eco-friendly production systems.Hyundai Steel, established in 1953 as Korea's first steel company, is a global steel producer of H-beams, reinforcing bars, hot-rolled steel sheets, and heavy plates. It became the first private company to complete an integrated steel mill in 2010, building a world-class product portfolio. As a member of the Hyundai Motor Group, it provides high-performance steel solutions to various industries including automotive, construction, shipbuilding, and heavy machinery. The company actively pursues sustainable management through the development of carbon-neutral technologies and the establishment of eco-friendly production systems.
- Key Products/Technologies
- H-Section: A primary steel material for construction and civil engineering structures, with diverse specifications and high-strength product lineups. Products certified by the world's top 10 classification societies.H-Section: A primary steel material for construction and civil engineering structures, with diverse specifications and high-strength product lineups. Products certified by the world's top 10 classification societies.
- Reinforcing Bar: A core material for building and civil engineering projects, supplying products with high strength and seismic resistance.Reinforcing Bar: A core material for building and civil engineering projects, supplying products with high strength and seismic resistance.
- Hot-Rolled Steel Sheet: A foundational material used in a wide range of industries such as automotive, construction, and industrial machinery, offering excellent workability and strength characteristics.Hot-Rolled Steel Sheet: A foundational material used in a wide range of industries such as automotive, construction, and industrial machinery, offering excellent workability and strength characteristics.
- Heavy Plate: Steel material thicker than 6mm, essential for large structures in shipbuilding, construction, and energy industries, holding certifications from the world's top 10 classification societies.Heavy Plate: Steel material thicker than 6mm, essential for large structures in shipbuilding, construction, and energy industries, holding certifications from the world's top 10 classification societies.
- Cold-Rolled Steel Sheet: High-quality steel sheet used for automotive exterior panels and home appliances, characterized by precise thickness, surface quality, and excellent formability.Cold-Rolled Steel Sheet: High-quality steel sheet used for automotive exterior panels and home appliances, characterized by precise thickness, surface quality, and excellent formability.
- Mobility Parts (H-Solution): Provides customized solutions for achieving ultra-high-strength lightweight vehicle bodies through a perfect harmony of automotive material technology and application technology. Successfully developed and mass-produced 1.8 GPa-class ultra-high-strength hot stamping steel and 1.5 GPa MS steel sheet with GA coating for the first time globally.Mobility Parts (H-Solution): Provides customized solutions for achieving ultra-high-strength lightweight vehicle bodies through a perfect harmony of automotive material technology and application technology. Successfully developed and mass-produced 1.8 GPa-class ultra-high-strength hot stamping steel and 1.5 GPa MS steel sheet with GA coating for the first time globally.
- Heavy Equipment Parts (Continuous Track): Manufactures continuous tracks (Track Chain Assembly) for excavators with in-house design and testing capabilities, producing various models for 2-ton to 100-ton excavators with an annual production capacity of 300,000 tons, establishing the world's only integrated production system.Heavy Equipment Parts (Continuous Track): Manufactures continuous tracks (Track Chain Assembly) for excavators with in-house design and testing capabilities, producing various models for 2-ton to 100-ton excavators with an annual production capacity of 300,000 tons, establishing the world's only integrated production system.
- Special Steel: High-quality alloy steel used in high-performance demanding fields such as automotive and industrial machinery, with an annual production capacity of 1.5 million tons.Special Steel: High-quality alloy steel used in high-performance demanding fields such as automotive and industrial machinery, with an annual production capacity of 1.5 million tons.
- Carbon Neutral Technology: Developing core technologies for establishing a low-carbon premium product production system based on hydrogen-reduced ironmaking and next-generation electric arc furnaces. Pursuing product production with reduced carbon emissions through a hybrid electric arc furnace-blast furnace process.Carbon Neutral Technology: Developing core technologies for establishing a low-carbon premium product production system based on hydrogen-reduced ironmaking and next-generation electric arc furnaces. Pursuing product production with reduced carbon emissions through a hybrid electric arc furnace-blast furnace process.
- Smart Factory Technology: Establishing a smart factory development roadmap across all facilities and striving to enhance manufacturing competitiveness through digital transformation.Smart Factory Technology: Establishing a smart factory development roadmap across all facilities and striving to enhance manufacturing competitiveness through digital transformation.
- Core Advantages
- Synergy with Hyundai Motor Group: As part of the Hyundai Motor Group, securing a stable demand for automotive steel sheets and providing joint development of advanced materials and customized solutions in the automotive sector.Synergy with Hyundai Motor Group: As part of the Hyundai Motor Group, securing a stable demand for automotive steel sheets and providing joint development of advanced materials and customized solutions in the automotive sector.
- Technological Leadership and High-Value Product Portfolio: World's first development and mass production of 1.8 GPa-class ultra-high-strength hot stamping steel, and realization of high-strength lightweighting through the development of third-generation automotive steel sheets, demonstrating strong technological innovation capabilities.Technological Leadership and High-Value Product Portfolio: World's first development and mass production of 1.8 GPa-class ultra-high-strength hot stamping steel, and realization of high-strength lightweighting through the development of third-generation automotive steel sheets, demonstrating strong technological innovation capabilities.
- Leading Eco-friendly and Carbon-Neutral Company Image: Setting a 2050 carbon neutrality goal and a 12% carbon emission reduction target by 2030, along with the introduction of a hybrid electric arc furnace-blast furnace production system, showcasing a strong commitment to sustainable steel production. Recognized as a 'Sustainability Champion' by the World Steel Association for two consecutive years, reflecting strong ESG management performance.Leading Eco-friendly and Carbon-Neutral Company Image: Setting a 2050 carbon neutrality goal and a 12% carbon emission reduction target by 2030, along with the introduction of a hybrid electric arc furnace-blast furnace production system, showcasing a strong commitment to sustainable steel production. Recognized as a 'Sustainability Champion' by the World Steel Association for two consecutive years, reflecting strong ESG management performance.
- Integrated Steel Mill and Hybrid Electric Arc Furnace-Blast Furnace Production System: Possessing the first integrated steel mill among private companies and the only blast furnace-electric arc furnace hybrid production system in Korea, allowing flexible response to diverse market demands, quality control, and cost efficiency.Integrated Steel Mill and Hybrid Electric Arc Furnace-Blast Furnace Production System: Possessing the first integrated steel mill among private companies and the only blast furnace-electric arc furnace hybrid production system in Korea, allowing flexible response to diverse market demands, quality control, and cost efficiency.
- Global Market Expansion and Customer Diversification Strategy: Supplying automotive steel sheets to over 25 global automaker brands beyond Hyundai Motor Group affiliates, achieving over 1 million tons in sales in 2024 and targeting 2 million tons in 2025 to increase non-captive overseas sales.Global Market Expansion and Customer Diversification Strategy: Supplying automotive steel sheets to over 25 global automaker brands beyond Hyundai Motor Group affiliates, achieving over 1 million tons in sales in 2024 and targeting 2 million tons in 2025 to increase non-captive overseas sales.
- Production Scale and Quality Competitiveness: An annual production capacity of 24 million tons (30 million tons after merger) and high-quality competitiveness, including certifications from the world's top 10 classification societies.Production Scale and Quality Competitiveness: An annual production capacity of 24 million tons (30 million tons after merger) and high-quality competitiveness, including certifications from the world's top 10 classification societies.
- Target Industrie
- Automotive Industry: Supplying automotive steel sheets and components such as ultra-high-strength steel and hot stamping steel, contributing to vehicle body lightweighting and safety enhancement.Automotive Industry: Supplying automotive steel sheets and components such as ultra-high-strength steel and hot stamping steel, contributing to vehicle body lightweighting and safety enhancement.
- Construction Industry: Supplying various construction steel materials like H-beams, reinforcing bars, heavy plates, and steel sheet piles for bridges, plants, large buildings, and civil engineering structures.Construction Industry: Supplying various construction steel materials like H-beams, reinforcing bars, heavy plates, and steel sheet piles for bridges, plants, large buildings, and civil engineering structures.
- Shipbuilding Industry: Supplying high-performance heavy plates and offshore steel materials required for shipbuilding.Shipbuilding Industry: Supplying high-performance heavy plates and offshore steel materials required for shipbuilding.
- Heavy Machinery Industry: Supplying continuous tracks (Track Chain Assembly) and other components for construction heavy equipment such as excavators and dozers.Heavy Machinery Industry: Supplying continuous tracks (Track Chain Assembly) and other components for construction heavy equipment such as excavators and dozers.
- Energy Industry: Supplying high-tech steel pipes such as oil well pipes and industrial boiler pipes used for drilling, extraction, and transportation of energy resources.Energy Industry: Supplying high-tech steel pipes such as oil well pipes and industrial boiler pipes used for drilling, extraction, and transportation of energy resources.
- Home Appliance Industry: Supplying high-quality steel sheets like cold-rolled steel and galvanized steel for home appliances such as refrigerators, washing machines, and televisions.Home Appliance Industry: Supplying high-quality steel sheets like cold-rolled steel and galvanized steel for home appliances such as refrigerators, washing machines, and televisions.
- Major Markets
- South Korea (main production and domestic market), China (production base and market)South Korea (main production and domestic market), China (production base and market)
- Europe (supplying to automakers like Renault)Europe (supplying to automakers like Renault)
- United States (supplying to automakers like Ford, General Motors, and planning investment in an electric arc furnace steel mill)United States (supplying to automakers like Ford, General Motors, and planning investment in an electric arc furnace steel mill)
- Certifications/Patents
- Certifications from the world's top 10 classification societies: Holding quality certifications from major global classification societies for heavy plate and H-section products.Certifications from the world's top 10 classification societies: Holding quality certifications from major global classification societies for heavy plate and H-section products.
- International standard certifications such as ISO 9001 (Quality Management System) and ISO 14001 (Environmental Management System).International standard certifications such as ISO 9001 (Quality Management System) and ISO 14001 (Environmental Management System).
- World's first development and mass production technology for 1.8 GPa-class ultra-high-strength hot stamping steel and 1.5 GPa MS steel sheet (GA coating).World's first development and mass production technology for 1.8 GPa-class ultra-high-strength hot stamping steel and 1.5 GPa MS steel sheet (GA coating).
- Carbon neutrality related technology development: Technologies for establishing a low-carbon production system based on hydrogen-reduced ironmaking and next-generation electric arc furnaces, and hybrid electric arc furnace-blast furnace process technology.Carbon neutrality related technology development: Technologies for establishing a low-carbon production system based on hydrogen-reduced ironmaking and next-generation electric arc furnaces, and hybrid electric arc furnace-blast furnace process technology.
- Publication of Sustainability Reports and adherence to international standards such as GRI, SASB, and UN SDGs.Publication of Sustainability Reports and adherence to international standards such as GRI, SASB, and UN SDGs.
- Recipient of the CDP Korea Awards in the Carbon Management category (2024).Recipient of the CDP Korea Awards in the Carbon Management category (2024).
Introduction
Location
117 Bundangnaegok-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea
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