Welcome to Hyundai Steel’s website!
Hyundai Steel was founded in 1953 as Korea’s first steel company.
Since then, we have overcome challenges guided under the notion that the development of the steel industry constitutes the country’s competitiveness. Over that same time, we have proudly contributed to the economic development of Korea. In 2010, when the nation’s first privately funded integrated steel mill was completed, Hyundai Steel emerged into the global steelmaker market with a globally competitive product portfolio.
Above all, Hyundai Steel’s role in the Hyundai Motor Group is pivotal as it stands as a backbone to the Group’s resource recycling chain—“from molten iron to automobiles.” Iron melted in a blast furnace is processed to be part of new cars, which at the end of their lifespans go into an electric arc furnace where they transform into H piles or reinforcing bars. This organic recycling of resources enhances energy efficiency, thereby contributing to reducing greenhouse gas emissions.
In order to hone its competitiveness to sustain growth while meeting evolving customer needs in the ever-changing industry’s business environment, Hyundai Steel announced its new Vision 2025—“engineering the future beyond steel”—conveying its commitment to delivering innovative products and services that have different value far beyond customer expectations.
Going forward, Hyundai Steel is assigning its R&D efforts to develop products that can create new market demand to introduce customers to products of quality exceeding their demands. To that end, we are fostering globally competent talents and building a communicative corporate culture where people work together based on mutual trust and a shared vision. Everyone at Hyundai Steel will devote their energy and wisdom to making the company a centennial steelmaker that can maximize customer value.
Along this journey, your continued support will further our efforts to making Hyundai Steel a globally respected steelmaker for harnessing the infinite possibilities of steel.
Thank you.