Information
40 Cheolgangsandan-ro 66beon-gil, Daesong-myeon, Nam-gu, Pohang, Gyeongsangbuk-do, South Korea
+82 54-278-3597
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Overview
- Summary
- Samwon Steel, established in 1992 through a joint investment by Daewon Kangup and POSCO, is a specialized company in automotive spring materials. The company produces a diverse range of products including flat bars, round bars, peeling, CGP, pipes, and automotive leaf springs. As the sole spring steel rolling company in Korea, it holds a dominant position in the hot-rolled products market. It contributes to the advancement of the automotive industry and expands its business into global markets.Samwon Steel, established in 1992 through a joint investment by Daewon Kangup and POSCO, is a specialized company in automotive spring materials. The company produces a diverse range of products including flat bars, round bars, peeling, CGP, pipes, and automotive leaf springs. As the sole spring steel rolling company in Korea, it holds a dominant position in the hot-rolled products market. It contributes to the advancement of the automotive industry and expands its business into global markets.
- Key Products/Technologies
- Flat Bars: Hot-rolled products with suitable stiffness for spring materials, utilized in the manufacturing of leaf springs, including Round Edge Flat Bars and Square Edge Flat Bars.Flat Bars: Hot-rolled products with suitable stiffness for spring materials, utilized in the manufacturing of leaf springs, including Round Edge Flat Bars and Square Edge Flat Bars.
- Round Bars: Hot-rolled products with appropriate stiffness for spring materials, used as raw materials for coil springs, stabilizer bars, and torsion bars.Round Bars: Hot-rolled products with appropriate stiffness for spring materials, used as raw materials for coil springs, stabilizer bars, and torsion bars.
- Peeling and CGP (Centerless Ground Bars): Processed material products made by machining wire rods and round bars.Peeling and CGP (Centerless Ground Bars): Processed material products made by machining wire rods and round bars.
- Pipes: Spring-specific pipes produced by welding slit steel sheets, designed for automotive lightweighting.Pipes: Spring-specific pipes produced by welding slit steel sheets, designed for automotive lightweighting.
- Automotive Leaf Springs: Finished multi-leaf springs produced with state-of-the-art automated facilities and skilled technical expertise.Automotive Leaf Springs: Finished multi-leaf springs produced with state-of-the-art automated facilities and skilled technical expertise.
- High-Functionality, High-Stress Material Development: Core technological capability for automotive lightweighting.High-Functionality, High-Stress Material Development: Core technological capability for automotive lightweighting.
- Hollow Pipe Development: Vehicle lightweighting technology applicable to stabilizer bars and torsion bars.Hollow Pipe Development: Vehicle lightweighting technology applicable to stabilizer bars and torsion bars.
- Development of Ultra-fine Grain, Corrosion-resistant, Low-density Spring Steel: Capability to develop new products tailored to various automotive manufacturers' requirements.Development of Ultra-fine Grain, Corrosion-resistant, Low-density Spring Steel: Capability to develop new products tailored to various automotive manufacturers' requirements.
- Domestication of Steel Reinforcement for Retaining Wall Block Construction: Successful development of ribbed (strip-type) structural reinforcement in collaboration with POSCO.Domestication of Steel Reinforcement for Retaining Wall Block Construction: Successful development of ribbed (strip-type) structural reinforcement in collaboration with POSCO.
- Core Advantages
- Exclusive position as the only spring steel rolling company in Korea, utilizing continuous rolling facilities for spring steel product manufacturing.Exclusive position as the only spring steel rolling company in Korea, utilizing continuous rolling facilities for spring steel product manufacturing.
- Established through a joint venture with Daewon Kangup and POSCO, ensuring stable raw material supply and a strong foundation for technical cooperation.Established through a joint venture with Daewon Kangup and POSCO, ensuring stable raw material supply and a strong foundation for technical cooperation.
- Possession of a diversified business portfolio, expanded into rolling, material processing, pipe, and leaf spring divisions.Possession of a diversified business portfolio, expanded into rolling, material processing, pipe, and leaf spring divisions.
- Continuous technological development capabilities for high-functionality, high-stress materials, hollow pipes, and various new spring steels for automotive lightweighting.Continuous technological development capabilities for high-functionality, high-stress materials, hollow pipes, and various new spring steels for automotive lightweighting.
- Extensive global network supplying to domestic complete vehicle manufacturers as well as markets in Japan, China, India, the USA, Southeast Asia, Europe, and South America.Extensive global network supplying to domestic complete vehicle manufacturers as well as markets in Japan, China, India, the USA, Southeast Asia, Europe, and South America.
- Maintenance of top-tier quality and production capacity in Korea through state-of-the-art automated facilities and skilled technical know-how.Maintenance of top-tier quality and production capacity in Korea through state-of-the-art automated facilities and skilled technical know-how.
- Integration into the Hyundai Department Store Group in March 2023, providing a stable management environment and potential synergy effects with group affiliates.Integration into the Hyundai Department Store Group in March 2023, providing a stable management environment and potential synergy effects with group affiliates.
- Target Industrie
- Automotive Industry: Supply of core components for various automotive suspension systems, including raw materials and finished products like multi-leaf springs, coil springs, stabilizer bars, and torsion bars.Automotive Industry: Supply of core components for various automotive suspension systems, including raw materials and finished products like multi-leaf springs, coil springs, stabilizer bars, and torsion bars.
- Construction Industry: Contribution to the civil engineering sector through the supply of steel reinforcement for retaining wall block construction.Construction Industry: Contribution to the civil engineering sector through the supply of steel reinforcement for retaining wall block construction.
- Major Markets
- Japan, China, India, Southeast Asia, South KoreaJapan, China, India, Southeast Asia, South Korea
- Poland, GermanyPoland, Germany
- USAUSA
- South AmericaSouth America
- Certifications/Patents
- KS Certification: Acquired in December 1996 for the leaf spring division.KS Certification: Acquired in December 1996 for the leaf spring division.
- ISO 9001 Certification: Acquired in December 1998 for quality management systems.ISO 9001 Certification: Acquired in December 1998 for quality management systems.
- QS9000 Certification: Acquired in June 1999 for automotive industry quality systems.QS9000 Certification: Acquired in June 1999 for automotive industry quality systems.
- ISO/TS16949 Certification: Acquired in December 2003 for automotive industry quality management systems.ISO/TS16949 Certification: Acquired in December 2003 for automotive industry quality management systems.
- ISO14001 Certification: Establishment and operation of an environmental management system.ISO14001 Certification: Establishment and operation of an environmental management system.
- Technological Competitiveness: Development and mass production capabilities for high-functionality, high-stress automotive spring materials.Technological Competitiveness: Development and mass production capabilities for high-functionality, high-stress automotive spring materials.
- Technological Competitiveness: Development capabilities for new products such as hollow pipes, ultra-fine grain, corrosion-resistant, and low-density spring steels.Technological Competitiveness: Development capabilities for new products such as hollow pipes, ultra-fine grain, corrosion-resistant, and low-density spring steels.
- Technological Competitiveness: Development and production technology for new materials like pre-hardened steel and reinforced graphite steel.Technological Competitiveness: Development and production technology for new materials like pre-hardened steel and reinforced graphite steel.
- Technological Competitiveness: Systematization of heat treatment technology for IT wire lines and operational technology for suppressing surface defects.Technological Competitiveness: Systematization of heat treatment technology for IT wire lines and operational technology for suppressing surface defects.
- Technological Competitiveness: Successful domestication of steel reinforcement for retaining wall block construction.Technological Competitiveness: Successful domestication of steel reinforcement for retaining wall block construction.
Introduction
Location
40 Cheolgangsandan-ro 66beon-gil, Daesong-myeon, Nam-gu, Pohang, Gyeongsangbuk-do, South Korea
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