Hyundai Steel Revenue and Competitors

Hyundai Steel Co., Ltd, or HSC (formerly known as Hyundai INI Steel, and before that, Inchon Iron & Steel Co., Ltd.), is a steel company headquartered in Incheon 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. As a steel mill specialized in automotive materials, Hyundai Steel is heavily engaged in the development of next generation steel for future automotive industry. Since the groundbreaking ceremony at the Dangjin integrated steel mill in October 2006, the first and second blast furnaces are commissioned in January and November 2010 in order. Then, the completion of blast furnace No. 3 in September 2013 enabled us to become a comprehensive global steelmaker with a total crude steel production capacity of 24 million tons including 12 million tons from blast furnaces and 12 million tons from electric arc furnaces. Furthermore, merging with cold rolling division of Hyundai Hysco in December 2013, we have now established the one-stop production system integrating all production processes from raw materials to finished products.