Information
124 Jeokhyeon-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea
+82 55-268-4134
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Overview
- Summary
- Hyundai BNG Steel Co., Ltd. is a leading company in the manufacturing and sales of stainless cold-rolled steel sheets and automotive parts. As the first domestic producer of high-quality stainless cold-rolled steel sheets, it plays a pivotal role in the development of various industries such as automotive, construction, IT, and home appliances. With an annual production capacity of 300,000 tons and advanced technology, the company provides world-class stainless steel products and is expanding its business into precision sand casting parts for automobiles.Hyundai BNG Steel Co., Ltd. is a leading company in the manufacturing and sales of stainless cold-rolled steel sheets and automotive parts. As the first domestic producer of high-quality stainless cold-rolled steel sheets, it plays a pivotal role in the development of various industries such as automotive, construction, IT, and home appliances. With an annual production capacity of 300,000 tons and advanced technology, the company provides world-class stainless steel products and is expanding its business into precision sand casting parts for automobiles.
- Key Products/Technologies
- Stainless Cold-Rolled Steel Sheets: Production of world-class stainless steel products including wide bright annealed products, decorative patterned steel sheets, ultra-thin steel sheets, and various surface-finished products (hairline, mirror, sandblast, etc.).Stainless Cold-Rolled Steel Sheets: Production of world-class stainless steel products including wide bright annealed products, decorative patterned steel sheets, ultra-thin steel sheets, and various surface-finished products (hairline, mirror, sandblast, etc.).
- Automotive Precision Sand Casting Parts: Operation of Dangjin and Gwangju plants for producing sand molds for automotive engine blocks, capable of responding to an annual production of 600,000 automobiles.Automotive Precision Sand Casting Parts: Operation of Dangjin and Gwangju plants for producing sand molds for automotive engine blocks, capable of responding to an annual production of 600,000 automobiles.
- Eco-friendly Low-Nickel Steel Sheets: Development of eco-friendly steel sheets with reduced nickel content while maintaining high corrosion resistance, attracting attention in the European market.Eco-friendly Low-Nickel Steel Sheets: Development of eco-friendly steel sheets with reduced nickel content while maintaining high corrosion resistance, attracting attention in the European market.
- Eco-friendly Inorganic Binder Sand Casting Method: Application of an eco-friendly inorganic binder in the Dangjin plant for sand core production, enabling environmentally friendly manufacturing free from smoke and odors.Eco-friendly Inorganic Binder Sand Casting Method: Application of an eco-friendly inorganic binder in the Dangjin plant for sand core production, enabling environmentally friendly manufacturing free from smoke and odors.
- Core Advantages
- Leading Domestic Stainless Cold-Rolled Steel Producer: Over 60 years of history and accumulated technology as the first domestic producer of high-quality stainless cold-rolled steel sheets.Leading Domestic Stainless Cold-Rolled Steel Producer: Over 60 years of history and accumulated technology as the first domestic producer of high-quality stainless cold-rolled steel sheets.
- Diversified Business Portfolio: Expansion of business areas from stainless steel sheet manufacturing to automotive parts, securing continuous growth drivers.Diversified Business Portfolio: Expansion of business areas from stainless steel sheet manufacturing to automotive parts, securing continuous growth drivers.
- High-Value Product Development Capability: Accumulation of customized steel grade development and new surface technologies to target high-value product markets.High-Value Product Development Capability: Accumulation of customized steel grade development and new surface technologies to target high-value product markets.
- Eco-friendly Production System and Technology: Adoption of advanced manufacturing processes, utilization of renewable energy, recycling of waste resources, and establishment of heat energy recovery systems to minimize carbon emissions and enhance energy efficiency.Eco-friendly Production System and Technology: Adoption of advanced manufacturing processes, utilization of renewable energy, recycling of waste resources, and establishment of heat energy recovery systems to minimize carbon emissions and enhance energy efficiency.
- Stable Supply Chain and Cost Competitiveness: Establishment of a stable supply chain and securing cost competitiveness through strategic alliances with major hot-rolled steel suppliers and flexible inventory management and forward purchasing strategies for raw materials.Stable Supply Chain and Cost Competitiveness: Establishment of a stable supply chain and securing cost competitiveness through strategic alliances with major hot-rolled steel suppliers and flexible inventory management and forward purchasing strategies for raw materials.
- High-Precision Quality Control System: Maintenance of stable product uniformity through state-of-the-art cold rolling and heat treatment facilities and a high-precision quality control system in Pohang and Ulsan plants.High-Precision Quality Control System: Maintenance of stable product uniformity through state-of-the-art cold rolling and heat treatment facilities and a high-precision quality control system in Pohang and Ulsan plants.
- Target Industrie
- Automotive Industry: Automotive interior/exterior materials, precision sand casting parts (engine blocks, cylinder blocks, etc.), investment in rare earth permanent magnets for electric vehicle drive motors.Automotive Industry: Automotive interior/exterior materials, precision sand casting parts (engine blocks, cylinder blocks, etc.), investment in rare earth permanent magnets for electric vehicle drive motors.
- Construction Industry: Building interior/exterior materials, elevator interior materials.Construction Industry: Building interior/exterior materials, elevator interior materials.
- IT and Home Appliance Industry: IT devices, kitchen appliances, electrical and electronic equipment interior/exterior materials.IT and Home Appliance Industry: IT devices, kitchen appliances, electrical and electronic equipment interior/exterior materials.
- Industrial Machinery and Equipment: Machinery, transportation equipment, petrochemical facilities, power generation facilities, industrial tools, hydrogen energy facilities.Industrial Machinery and Equipment: Machinery, transportation equipment, petrochemical facilities, power generation facilities, industrial tools, hydrogen energy facilities.
- Medical Equipment and Water Tank Materials.Medical Equipment and Water Tank Materials.
- Major Markets
- South KoreaSouth Korea
- Europe ( 주목받는 친환경 저니켈 강판)Europe ( 주목받는 친환경 저니켈 강판)
- USA (operates HYUNDAI BNG STEEL USA, INC. subsidiary)USA (operates HYUNDAI BNG STEEL USA, INC. subsidiary)
- Certifications/Patents
- KS Certification: Production of products certified under Korean Industrial Standards (KS).KS Certification: Production of products certified under Korean Industrial Standards (KS).
- Technological Competence: High-quality stainless cold-rolled steel sheet production technology, customized steel grade development and new surface technologies, development of eco-friendly low-nickel steel sheets, and eco-friendly inorganic binder sand casting method.Technological Competence: High-quality stainless cold-rolled steel sheet production technology, customized steel grade development and new surface technologies, development of eco-friendly low-nickel steel sheets, and eco-friendly inorganic binder sand casting method.
Introduction
Location
124 Jeokhyeon-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea
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