Keumkang Steel Co., Ltd. is a comprehensive steel distribution service company, operating as a POSCO processing center. The company specializes in shearing and slitting cold-rolled coils, essential raw materials for various industries such as automotive, home appliances, construction, and industrial containers. It utilizes automated facilities to process and supply steel products according to customer specifications, engaging primarily in steel material sales and the manufacturing and sales of automotive and electronic components. Established in 1977 and listed on the KOSDAQ market in 2002, the company has built a stable business foundation. Its core competence lies in steel processing and distribution services.KeumkangSteelCo.,Ltd.isacomprehensivesteeldistributionservicecompany,operatingasaPOSCOprocessingcenter.Thecompanyspecializesinshearingandslittingcold-rolledcoils,essentialrawmaterialsforvariousindustriessuchasautomotive,homeappliances,construction,andindustrialcontainers.Itutilizesautomatedfacilitiestoprocessandsupplysteelproductsaccordingtocustomerspecifications,engagingprimarilyinsteelmaterialsalesandthemanufacturingandsalesofautomotiveandelectroniccomponents.Establishedin1977andlistedontheKOSDAQmarketin2002,thecompanyhasbuiltastablebusinessfoundation.Itscorecompetenceliesinsteelprocessinganddistributionservices.
Key Products/TechnologiesKeyProducts/Technologies
Cold Rolled Steel Sheet (CR): Produced by removing scale from hot coils, then rolling and annealing to achieve desired thickness and mechanical properties. Known for its beautiful surface and excellent workability, it is used in household appliances like refrigerators and washing machines, as well as automotive interior panels, drums, and furniture.ColdRolledSteelSheet(CR):Producedbyremovingscalefromhotcoils,thenrollingandannealingtoachievedesiredthicknessandmechanicalproperties.Knownforitsbeautifulsurfaceandexcellentworkability,itisusedinhouseholdapplianceslikerefrigeratorsandwashingmachines,aswellasautomotiveinteriorpanels,drums,andfurniture.
Pickled and Oiled Steel Sheet (PO): Hot-rolled steel sheet with surface iron oxide removed through pickling and then oiled to prevent oxidation.PickledandOiledSteelSheet(PO):Hot-rolledsteelsheetwithsurfaceironoxideremovedthroughpicklingandthenoiledtopreventoxidation.
Galvanized Steel Sheet (GI), Hot-Dip Galvanized Steel Sheet (GA), Electro-Galvanized Steel Sheet (EGI), Hot-Rolled Galvanized Steel Sheet (HGI): A range of products with enhanced corrosion resistance due to zinc coating on cold-rolled or hot-rolled steel surfaces. Notably, high-corrosion-resistant coated steel sheet (POSMAC) offers 5 to 10 times higher corrosion resistance than general hot-dip galvanized steel sheets, with excellent cut-edge corrosion resistance, enabling it to replace post-plated products.GalvanizedSteelSheet(GI),Hot-DipGalvanizedSteelSheet(GA),Electro-GalvanizedSteelSheet(EGI),Hot-RolledGalvanizedSteelSheet(HGI):Arangeofproductswithenhancedcorrosionresistanceduetozinccoatingoncold-rolledorhot-rolledsteelsurfaces.Notably,high-corrosion-resistantcoatedsteelsheet(POSMAC)offers5to10timeshighercorrosionresistancethangeneralhot-dipgalvanizedsteelsheets,withexcellentcut-edgecorrosionresistance,enablingittoreplacepost-platedproducts.
Shearing and Slitting Processing Technology: Possesses shearing technology to convert POSCO-produced coils into plates and slitting technology to continuously process steel sheets with widths from 15mm to 1,860mm at speeds of 150-230m per minute, totaling approximately 396,000 tons annually. Capable of ensuring dimensional accuracy, flatness, and clean cut surfaces.ShearingandSlittingProcessingTechnology:PossessesshearingtechnologytoconvertPOSCO-producedcoilsintoplatesandslittingtechnologytocontinuouslyprocesssteelsheetswithwidthsfrom15mmto1,860mmatspeedsof150-230mperminute,totalingapproximately396,000tonsannually.Capableofensuringdimensionalaccuracy,flatness,andcleancutsurfaces.
Automated Facilities and Advanced Material Processing Technology: Equipped with state-of-the-art coil shearing and slitting facilities, including large slitters and shears, for efficient operation. Utilizes slitter equipment with a Japanese patented belt bridles technology to completely eliminate surface defects during the processing of high-grade materials, electro-galvanized steel, aluminum, vinyl chloride steel, and stainless steel.AutomatedFacilitiesandAdvancedMaterialProcessingTechnology:Equippedwithstate-of-the-artcoilshearingandslittingfacilities,includinglargeslittersandshears,forefficientoperation.UtilizesslitterequipmentwithaJapanesepatentedbeltbridlestechnologytocompletelyeliminatesurfacedefectsduringtheprocessingofhigh-gradematerials,electro-galvanizedsteel,aluminum,vinylchloridesteel,andstainlesssteel.
Core AdvantagesCoreAdvantages
Status as a POSCO Designated Processing Center: Ensures stable supply of raw materials and high-quality reliability as a designated processing center for POSCO's cold-rolled coils. This provides a strong competitive edge in the steel distribution market.StatusasaPOSCODesignatedProcessingCenter:Ensuresstablesupplyofrawmaterialsandhigh-qualityreliabilityasadesignatedprocessingcenterforPOSCO'scold-rolledcoils.Thisprovidesastrongcompetitiveedgeinthesteeldistributionmarket.
State-of-the-Art Automated Facilities and High-Precision Processing Capabilities: Operates advanced automated facilities, including large slitters and shears, capable of handling coils up to 25 tons. Provides customized services for precise shearing and slitting to meet diverse customer specifications.State-of-the-ArtAutomatedFacilitiesandHigh-PrecisionProcessingCapabilities:Operatesadvancedautomatedfacilities,includinglargeslittersandshears,capableofhandlingcoilsupto25tons.Providescustomizedservicesforpreciseshearingandslittingtomeetdiversecustomerspecifications.
24-Hour Production and Delivery System: Maintains a unique 24-hour production system in Korea, enabling quick response to customer demands and shortest delivery times. This contributes to enhanced customer satisfaction and strict adherence to delivery schedules.24-HourProductionandDeliverySystem:Maintainsaunique24-hourproductionsysteminKorea,enablingquickresponsetocustomerdemandsandshortestdeliverytimes.Thiscontributestoenhancedcustomersatisfactionandstrictadherencetodeliveryschedules.
Securing Numerous Stable Clients: Has established a large number of major clients, including leading domestic automakers like Korea GM Co., Ltd. and Kia Corp., ensuring a stable business foundation. This contributes to a strong market position and consistent revenue generation.SecuringNumerousStableClients:Hasestablishedalargenumberofmajorclients,includingleadingdomesticautomakerslikeKoreaGMCo.,Ltd.andKiaCorp.,ensuringastablebusinessfoundation.Thiscontributestoastrongmarketpositionandconsistentrevenuegeneration.
Quality Management and Technological Prowess: Holds ISO 9001 quality management system certification, demonstrating efficient allocation of material and human resources and systematic management capabilities. Possesses slitter equipment with Japanese patented belt bridles technology for eliminating surface defects during high-grade material processing, a key technological competitive advantage in producing high-quality products.QualityManagementandTechnologicalProwess:HoldsISO9001qualitymanagementsystemcertification,demonstratingefficientallocationofmaterialandhumanresourcesandsystematicmanagementcapabilities.PossessesslitterequipmentwithJapanesepatentedbeltbridlestechnologyforeliminatingsurfacedefectsduringhigh-gradematerialprocessing,akeytechnologicalcompetitiveadvantageinproducinghigh-qualityproducts.
Extensive Logistics Infrastructure: Operates a large logistics base spanning 8,000 pyeong (approximately 26,400 square meters), enabling efficient inventory management and rapid product supply. This is a crucial capability for flexibly responding to customer production schedules.ExtensiveLogisticsInfrastructure:Operatesalargelogisticsbasespanning8,000pyeong(approximately26,400squaremeters),enablingefficientinventorymanagementandrapidproductsupply.Thisisacrucialcapabilityforflexiblyrespondingtocustomerproductionschedules.
Target IndustrieTargetIndustrie
Automotive Industry: Supplies various automotive component materials, including interior panels, oil pans, hoods, roofs, seat components, brake parts, and reinforcements.AutomotiveIndustry:Suppliesvariousautomotivecomponentmaterials,includinginteriorpanels,oilpans,hoods,roofs,seatcomponents,brakeparts,andreinforcements.
Home Appliance Industry: Provides exterior materials and component materials for household appliances such as refrigerators and washing machines.HomeApplianceIndustry:Providesexteriormaterialsandcomponentmaterialsforhouseholdappliancessuchasrefrigeratorsandwashingmachines.
Construction Industry: Supplies essential raw materials for construction sectors, including building materials and steel structures.ConstructionIndustry:Suppliesessentialrawmaterialsforconstructionsectors,includingbuildingmaterialsandsteelstructures.
Industrial Containers and Plant Industry: Supplies steel materials required for manufacturing various industrial containers and plant facilities.IndustrialContainersandPlantIndustry:Suppliessteelmaterialsrequiredformanufacturingvariousindustrialcontainersandplantfacilities.
Shipbuilding Industry: Provides materials to meet increasing steel demand driven by shipbuilding orders.ShipbuildingIndustry:Providesmaterialstomeetincreasingsteeldemanddrivenbyshipbuildingorders.
Electronic Components Industry: Supplies steel materials related to the manufacturing and sales of electronic components.ElectronicComponentsIndustry:Suppliessteelmaterialsrelatedtothemanufacturingandsalesofelectroniccomponents.
Major MarketsMajorMarkets
Asian marketAsianmarket
European marketEuropeanmarket
Certifications/PatentsCertifications/Patents
ISO 9001 (Quality Management System) Certification: Acquired on June 20, 2007. Demonstrates effective quality management and customer-focused management system operations.ISO9001(QualityManagementSystem)Certification:AcquiredonJune20,2007.Demonstrateseffectivequalitymanagementandcustomer-focusedmanagementsystemoperations.
Japanese Patented Belt Bridles Technology: Possesses slitter equipment incorporating technology to completely eliminate surface defects during the processing of high-grade materials and special steel sheets. This represents a core technological competitive advantage for producing high-quality products.JapanesePatentedBeltBridlesTechnology:Possessesslitterequipmentincorporatingtechnologytocompletelyeliminatesurfacedefectsduringtheprocessingofhigh-gradematerialsandspecialsteelsheets.Thisrepresentsacoretechnologicalcompetitiveadvantageforproducinghigh-qualityproducts.
Subsidiary's Patented Technology: Through its subsidiary, Keumkang Econergy Co., Ltd. (농업회사법인 금강에코너지(주)), holds patented technology related to solid-liquid separation and sludge treatment of livestock manure. This indicates business diversification and expansion of technological capabilities beyond steel.Subsidiary'sPatentedTechnology:Throughitssubsidiary,KeumkangEconergyCo.,Ltd.(농업회사법인금강에코너지(주)),holdspatentedtechnologyrelatedtosolid-liquidseparationandsludgetreatmentoflivestockmanure.Thisindicatesbusinessdiversificationandexpansionoftechnologicalcapabilitiesbeyondsteel.