A global comprehensive steel company supplying core open-die forgings and ring rolled products to various heavy industries such as power generation, shipbuilding, petrochemicals, wind power, and aerospace, based on world-leading forging facilities. The company establishes an integrated production system from raw material production to forging and machining, ensuring stable supply of high-quality large forged products. Particularly, a leading company in the renewable energy sector, holding approximately 30% of the global market share for key wind power components.Aglobalcomprehensivesteelcompanysupplyingcoreopen-dieforgingsandringrolledproductstovariousheavyindustriessuchaspowergeneration,shipbuilding,petrochemicals,windpower,andaerospace,basedonworld-leadingforgingfacilities.Thecompanyestablishesanintegratedproductionsystemfromrawmaterialproductiontoforgingandmachining,ensuringstablesupplyofhigh-qualitylargeforgedproducts.Particularly,aleadingcompanyintherenewableenergysector,holdingapproximately30%oftheglobalmarketshareforkeywindpowercomponents.
Key Products/TechnologiesKeyProducts/Technologies
Components for nuclear and thermal power generation facilities (tube sheets, diaphragms, inner webs, outer rings, etc.).Componentsfornuclearandthermalpowergenerationfacilities(tubesheets,diaphragms,innerwebs,outerrings,etc.).
Components for wind power generation facilities (main shafts, tower flanges, bearing components, etc.).Componentsforwindpowergenerationfacilities(mainshafts,towerflanges,bearingcomponents,etc.).
Components for shipbuilding and marine engines (piston rods, piston crowns, connecting rods, cylinder covers, propeller shafts, cross heads, etc.).Componentsforshipbuildingandmarineengines(pistonrods,pistoncrowns,connectingrods,cylindercovers,propellershafts,crossheads,etc.).
Components for petrochemical plants, oil & gas facilities (forged parts for heat exchangers, pressure vessels, feedwater heaters, gas strippers, etc.).Componentsforpetrochemicalplants,oil&gasfacilities(forgedpartsforheatexchangers,pressurevessels,feedwaterheaters,gasstrippers,etc.).
Components for industrial facilities and machinery (shafts, gears, wheels, tire rings, etc.).Componentsforindustrialfacilitiesandmachinery(shafts,gears,wheels,tirerings,etc.).
Aerospace components and defense industry components.Aerospacecomponentsanddefenseindustrycomponents.
Forged components related to Small Modular Reactor (SMR) main equipment and spent nuclear fuel storage casks (Cask).ForgedcomponentsrelatedtoSmallModularReactor(SMR)mainequipmentandspentnuclearfuelstoragecasks(Cask).
Production processes and facilities: World's largest 2 Column 15,000-ton open-die forging press.Productionprocessesandfacilities:World'slargest2Column15,000-tonopen-dieforgingpress.
Production processes and facilities: Φ9,500mm ring rolling mill facility.Productionprocessesandfacilities:Φ9,500mmringrollingmillfacility.
Production processes and facilities: A total of 6 open-die forging presses including 8,000-ton, 5,000-ton, 3,500-ton, 2,000-ton, 1,500-ton presses, and 2 ring rolling mills including Φ3,000mm.Productionprocessesandfacilities:Atotalof6open-dieforgingpressesincluding8,000-ton,5,000-ton,3,500-ton,2,000-ton,1,500-tonpresses,and2ringrollingmillsincludingΦ3,000mm.
Production processes and facilities: State-of-the-art continuous casting facility capable of producing the world's first Ø1000 round blooms.Productionprocessesandfacilities:State-of-the-artcontinuouscastingfacilitycapableofproducingtheworld'sfirstØ1000roundblooms.
Production processes and facilities: Annual steelmaking capacity of 700,000 tons and forging capacity of 350,000 tons.Productionprocessesandfacilities:Annualsteelmakingcapacityof700,000tonsandforgingcapacityof350,000tons.
Production processes and facilities: Eco-friendly steelmaking facilities including a 120-ton electric arc furnace, refining furnace, vacuum decarburization/degassing facilities, and atmospheric/vacuum ingot casting facilities.Productionprocessesandfacilities:Eco-friendlysteelmakingfacilitiesincludinga120-tonelectricarcfurnace,refiningfurnace,vacuumdecarburization/degassingfacilities,andatmospheric/vacuumingotcastingfacilities.
Core AdvantagesCoreAdvantages
Possession of Super-large Forging Facilities: Ownership of state-of-the-art large forging facilities, including the world's largest 15,000-ton open-die forging press and a Φ9,500mm ring rolling mill. This represents a unique competitive advantage, as only a few companies worldwide can produce large forged products. A critical strength, especially given that only 2-3 global companies can manufacture offshore wind tower flanges.PossessionofSuper-largeForgingFacilities:Ownershipofstate-of-the-artlargeforgingfacilities,includingtheworld'slargest15,000-tonopen-dieforgingpressandaΦ9,500mmringrollingmill.Thisrepresentsauniquecompetitiveadvantage,asonlyafewcompaniesworldwidecanproducelargeforgedproducts.Acriticalstrength,especiallygiventhatonly2-3globalcompaniescanmanufactureoffshorewindtowerflanges.
Integrated Production System from Raw Material to Machining: Establishment of an integrated production system covering raw material production (steelmaking) to forging and machining. This ensures stable supply of high-quality large forged products and achieves manufacturing cost reduction. Securing the capability to produce the world's first Ø1000 round blooms.IntegratedProductionSystemfromRawMaterialtoMachining:Establishmentofanintegratedproductionsystemcoveringrawmaterialproduction(steelmaking)toforgingandmachining.Thisensuresstablesupplyofhigh-qualitylargeforgedproductsandachievesmanufacturingcostreduction.Securingthecapabilitytoproducetheworld'sfirstØ1000roundblooms.
Diversified Business Portfolio and Future Growth Engines: Supply of core forged components to various high-value-added industries such as wind power, nuclear power (SMR), shipbuilding, petrochemicals, and aerospace. Particularly, a leading position in the Small Modular Reactor (SMR) main equipment and offshore wind power component markets, acting as a key supplier in the future energy transition era.DiversifiedBusinessPortfolioandFutureGrowthEngines:Supplyofcoreforgedcomponentstovarioushigh-value-addedindustriessuchaswindpower,nuclearpower(SMR),shipbuilding,petrochemicals,andaerospace.Particularly,aleadingpositionintheSmallModularReactor(SMR)mainequipmentandoffshorewindpowercomponentmarkets,actingasakeysupplierinthefutureenergytransitionera.
Global Market Competitiveness and Customer Trust: A high global market share of approximately 30% in the key wind power component market. Establishment of supply chains and recognition of quality competitiveness with global energy companies such as GE, Siemens, and Mitsubishi. Acquisition of numerous international quality and industry-specific certifications.GlobalMarketCompetitivenessandCustomerTrust:Ahighglobalmarketshareofapproximately30%inthekeywindpowercomponentmarket.EstablishmentofsupplychainsandrecognitionofqualitycompetitivenesswithglobalenergycompaniessuchasGE,Siemens,andMitsubishi.Acquisitionofnumerousinternationalqualityandindustry-specificcertifications.
Accumulated Technology and Continuous R&D: Nearly 50 years of accumulated forging technology know-how and experience since its establishment in 1981. Efforts in technological innovation through the development of large titanium alloy ring forging technology and the introduction of eco-friendly steelmaking processes.AccumulatedTechnologyandContinuousR&D:Nearly50yearsofaccumulatedforgingtechnologyknow-howandexperiencesinceitsestablishmentin1981.Effortsintechnologicalinnovationthroughthedevelopmentoflargetitaniumalloyringforgingtechnologyandtheintroductionofeco-friendlysteelmakingprocesses.
Target IndustrieTargetIndustrie
Nuclear and Thermal Power Plant Industry.NuclearandThermalPowerPlantIndustry.
Wind Power Generation Facility Industry.WindPowerGenerationFacilityIndustry.
Shipbuilding Equipment and Diesel Engine Industry.ShipbuildingEquipmentandDieselEngineIndustry.
Petrochemical Plant, Oil & Gas Industry.PetrochemicalPlant,Oil&GasIndustry.
Industrial Facilities and Machinery Industry.IndustrialFacilitiesandMachineryIndustry.
Aerospace Industry.AerospaceIndustry.
Defense Industry.DefenseIndustry.
Major MarketsMajorMarkets
China, JapanChina,Japan
Germany, United Kingdom, Denmark, Romania, Eastern EuropeGermany,UnitedKingdom,Denmark,Romania,EasternEurope
USA, CanadaUSA,Canada
BrazilBrazil
Certifications/PatentsCertifications/Patents
ISO 9001 (Quality Management System).ISO9001(QualityManagementSystem).
ISO 14001 (Environmental Management System).ISO14001(EnvironmentalManagementSystem).
ISO 45001 (Occupational Health and Safety Management System).ISO45001(OccupationalHealthandSafetyManagementSystem).
ASME MO QSC (American Society of Mechanical Engineers Certification).ASMEMOQSC(AmericanSocietyofMechanicalEngineersCertification).
KEPIC MN (Korea Electric Power Industry Code Certification).KEPICMN(KoreaElectricPowerIndustryCodeCertification).
PED (European Pressure Equipment Directive), AD 2000 (German Pressure Vessel Standard), RINA (Registro Italiano Navale) Factory Approval (Italian Classification Society).PED(EuropeanPressureEquipmentDirective),AD2000(GermanPressureVesselStandard),RINA(RegistroItalianoNavale)FactoryApproval(ItalianClassificationSociety).
CPR for Hot rolled products of structural steels EN10025 (for producing tower flanges).CPRforHotrolledproductsofstructuralsteelsEN10025(forproducingtowerflanges).
EIL (Engineers India Limited Approval), International EPD (Environmental Product Declaration).EIL(EngineersIndiaLimitedApproval),InternationalEPD(EnvironmentalProductDeclaration).
Japanese Ministerial Certifications (MSTL-0382, MSTL-0387, MSTL-0424, MSTL-0425).JapaneseMinisterialCertifications(MSTL-0382,MSTL-0387,MSTL-0424,MSTL-0425).
Green Technology Certification.GreenTechnologyCertification.
Selection as World-Class Product (Tower Flange for Wind Power, Rotor Shaft) in 2 categories.SelectionasWorld-ClassProduct(TowerFlangeforWindPower,RotorShaft)in2categories.
Numerous awards including Busan Export Award, Busan City Excellent Employment Company, Busan Green Environment Award, and Industrial Technology Award Grand Prize of the Month.NumerousawardsincludingBusanExportAward,BusanCityExcellentEmploymentCompany,BusanGreenEnvironmentAward,andIndustrialTechnologyAwardGrandPrizeoftheMonth.
Development of large titanium alloy ring forging manufacturing technology (900mm diameter).Developmentoflargetitaniumalloyringforgingmanufacturingtechnology(900mmdiameter).
Successful production of the world's first Ø1000 round blooms.Successfulproductionoftheworld'sfirstØ1000roundblooms.