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Union Steel
Dongkuk Steel Mill Co, Ltd. () is a steel company with its headquarters in the city of Seoul, South Korea. Founded on 7 July 1951, its manufacturing plants are located in Pohang, Incheon, Dangjin and Busan. Its main products are steel plates mainly for shipbuilding, beams, sections and bars mainly for construction. Dongkuk Steel is the parent company of the Dongkuk Steel Group with several subsidiaries including Union Steel. Dongkuk Steel Mill is the second largest EAF steel producer in Korea behind Hyundai Steel. Dongkuk Steel mill is the world's forty-ninth largest steel maker among IISI member companies (2009). The current chairman is Mr. Sae Joo Chang. The company is a member of the Dongkuk Steel Group. Competitors * Hyundai Steel (the new name of Hyundai INI Steel) * POSCO * Korea Iron & Steel Co., Ltd. * Hyundai Hysco * BNG Steel * Dongbu Steel KG Steel Co., Ltd. () is a South Korean multinational corporation that produces steel-related and cold-rolled products. Hist ...
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Dongkuk Steel
Dongkuk Steel Mill Co, Ltd. () is a steel company with its headquarters in the city of Seoul, South Korea. Founded on 7 July 1951, its manufacturing plants are located in Pohang, Incheon, Dangjin and Busan. Its main products are steel plates mainly for shipbuilding, beams, sections and bars mainly for construction. Dongkuk Steel is the parent company of the Dongkuk Steel Group with several subsidiaries including Union Steel. Dongkuk Steel Mill is the second largest EAF steel producer in Korea behind Hyundai Steel. Dongkuk Steel mill is the world's forty-ninth largest steel maker among IISI member companies (2009). The current chairman is Mr. Sae Joo Chang. The company is a member of the Dongkuk Steel Group. Competitors * Hyundai Steel (the new name of Hyundai INI Steel) * POSCO * Korea Iron & Steel Co., Ltd. * Hyundai Hysco * BNG Steel * Dongbu Steel KG Steel Co., Ltd. () is a South Korean multinational corporation that produces steel-related and cold-rolled products. Hi ...
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Electric Arc Furnace
An electric arc furnace (EAF) is a furnace that heats material by means of an electric arc. Industrial arc furnaces range in size from small units of approximately one-tonne capacity (used in foundries for producing cast iron products) up to about 400-tonne units used for secondary steelmaking. Arc furnaces used in research laboratories and by dentists may have a capacity of only a few dozen grams. Industrial electric arc furnace temperatures can reach , while laboratory units can exceed . In electric arc furnaces, the charged material (the material entered into the furnace for heating, not to be confused with electric charge) is directly exposed to an electric arc, and the current from the furnace terminals passes through the charged material. Arc furnaces differ from induction furnaces, in which the charge is heated instead by eddy currents. History In the 19th century, a number of people had employed an electric arc to melt iron. Sir Humphry Davy conducted an experimental ...
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Steel Companies Of South Korea
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ele ...
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Dongbu Steel
KG Steel Co., Ltd. () is a South Korean multinational corporation that produces steel-related and cold-rolled products. History In 2013, the Korea Development Bank attempted to restructure the Dongbu Group, but its attempts resulting in slumping business. Dongbu Steel reached an agreement with creditors to undergo a debt workout program. Creditors tried to support Dongbu Steel with a variety of measures such as 600 billion won in support. The creditors then attempted to sell Dongbu Steel, but had trouble finding bidders. Dongbu Steel then sold off an electric furnace used for steel production. In May 2016, Dongbu Steel was taken off sale. In 2019, the company was acquired by a consortium led by KG Group companies and Cactus Private Equity. See also * SsangYong Motor The SsangYong Motor Company ( ko, 쌍용자동차 주식회사) is a South Korea–based automobile manufacturer. It traces its origins back to a manufacturer established in 1954. The name SsangYong appeared in 1988, ...
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Hyundai Hysco
Hyundai Hysco Co., Ltd. () was a steel company of Hyundai Motor Group, headquartered in Ulsan, South Korea. Hysco produced automotive steel sheet products and various steel pipes. The company was merged with Hyundai Steel in July 2015. History Hyundai Hysco was established under the name Kyung-il Industrial Co., Ltd. in 1975. The company was renamed to Hyundai Pipe Co., Ltd. in 1980 soon after the completion of its full-scale steel pipe plant in 1979. As a scheme to be a leading steel company in the global market, the company was renamed once again to Hyundai Hysco in February 2001. In November 1982, two years after the steel pipe plant was built, Hyundai Hysco was awarded the 'US$100 Million Export Tower' in November 1982. In 1997, the company set a new record in the steel industry by producing over 10 million tons of steel pipes. For over 20 years, Hyundai Hysco has been the leading company in the Korean steel pipe industry. After taking the largest market share in the steel p ...
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POSCO
POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel-making company headquartered in Pohang, South Korea. It had an output of of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. In 2010, it was the world's largest steel manufacturing company by market value. Also, in 2012, it was named as the world's 146th-largest corporation by the Fortune Global 500. POSCO currently operates two integrated steel mills in South Korea, in Pohang and Gwangyang. POSCO previously operated a joint venture with U.S. Steel, USS-POSCO Industries, in Pittsburg, California, United States, but U.S. Steel acquired full ownership of the facility in February 2020. History 1968–1971 In the 1960s, South Korean administration concluded that self-sufficiency in steel and the construction of an integrated steelworks were essential to economic development. Since South Korea had not possessed a modern steel plant prior to 1968, many foreign and domestic bu ...
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Hyundai INI Steel
Hyundai Steel Co., Ltd, or HSC (formerly known as HYU, and Crab Iron & Steel Co., Ltd.) is a steel making company headquartered in Incheon and Seoul, South Korea, and a member of the Hyundai Motor Group. It manufactures a wide variety of products ranging from H-beams, rail and reinforcing bars, to hot coil, cold-rolled steel, and stainless cold-rolled sheet. Established in 1953, Hyundai Steel is the oldest steel-making company in South Korea and the second largest blast furnace steelmaker at the Dangjin steel complex with a 5,450m2 blast furnace, among the first in South Korea. Hyundai Steel is the world's second-largest Electric arc furnace, EAF steel producer after Nucor, U.S.A. and operates six factories in Incheon, plus sites in Dangjin (3 blast furnaces, Hot coil, CR & plate mill), Pohang (EAF), Suncheon (CR mill), Ulsan (pipemill) and in China's Chungdo province. In 2004, Hyundai Steel purchased the facilities of the defunct , restoring its long product and cold-rolling ...
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World Steel Association
World Steel Association, often abbreviated as worldsteel, is the international trade body for the iron and steel industry. The association is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production. It is a non-profit organisation with its headquarters in Brussels, Belgium and a second office in Beijing, China, whose purpose is to promote steel and the steel industry to customers, the industry, media and the general public. Membership Companies must produce at least 2 million tonnes of steel and operate as independent commercial enterprises in order to be eligible for regular membership. The World Steel Association publishes a list of the top steel-producing companies every year. Areas of activity The World Steel Association's key are ...
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Union Steel
Dongkuk Steel Mill Co, Ltd. () is a steel company with its headquarters in the city of Seoul, South Korea. Founded on 7 July 1951, its manufacturing plants are located in Pohang, Incheon, Dangjin and Busan. Its main products are steel plates mainly for shipbuilding, beams, sections and bars mainly for construction. Dongkuk Steel is the parent company of the Dongkuk Steel Group with several subsidiaries including Union Steel. Dongkuk Steel Mill is the second largest EAF steel producer in Korea behind Hyundai Steel. Dongkuk Steel mill is the world's forty-ninth largest steel maker among IISI member companies (2009). The current chairman is Mr. Sae Joo Chang. The company is a member of the Dongkuk Steel Group. Competitors * Hyundai Steel (the new name of Hyundai INI Steel) * POSCO * Korea Iron & Steel Co., Ltd. * Hyundai Hysco * BNG Steel * Dongbu Steel KG Steel Co., Ltd. () is a South Korean multinational corporation that produces steel-related and cold-rolled products. Hist ...
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Steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ...
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Construction
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The constructio ...
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