- CEO
- Bo-Ryong Lee
- Full Time Employees
- 11,694
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- 63 Jungbongdae-ro Inchon South Korea 137-938
- IPO Date
- May 23, 1987
- Business
- Hyundai Steel Company (004020.KS), a leading integrated steel producer and key affiliate of the Hyundai Motor Group, manufactures and sells a broad portfolio of steel products including hot-rolled steel sheets, cold-rolled steel sheets, heavy steel plates, H-beams, reinforcing bars, stainless steel, special steels for automotive applications such as inner and outer panels and lightweight components, as well as steels for construction, shipbuilding, energy pipelines, home appliances, high-speed rails, and heavy machinery; the company operates advanced facilities featuring blast furnaces and electric arc furnaces at sites in Dangjin, Incheon, Pohang, and Suncheon in South Korea, supported by a global network spanning the United States, Mexico, Brazil, Europe, China, and other regions. Founded in 1953 as Korea Heavy Industry Corporation and headquartered in Incheon with primary operations in South Korea, Hyundai Steel serves diverse industries including automotive, construction, shipbuilding, energy, and appliances, positioning itself as a top global producer of high-strength, lightweight, and durable steels with certifications from leading classification societies. In recent developments, the company advances a $5.8 billion electric arc furnace steel mill project in Louisiana, US, slated for 2029 operations producing 2.7 million tonnes per year of automotive steel sheets, through a strategic partnership with Posco involving equity investment and collaboration on steel and battery materials supply chains; it pursues carbon neutrality via a 2023 roadmap and hydrogen-based steelmaking ambitions, alongside ongoing ESG initiatives and brands like H CORE for earthquake-resistant construction steel and H-SOLUTION for automotive applications.