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Hyundai Engineering & Steel Industries (HESI)
Incheon, South Korea-based Hyundai Steel Co., Ltd. is a leading global steel manufacturer and a key affiliate of the Hyundai Motor Group, with over 11,000 employees. It specializes in producing hot-rolled, cold-rolled, and special steel products primarily for the automotive, shipbuilding, construction, and industrial sectors.
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Steel ManufacturerOEM/Equipment
Strategic Overview
- Hyundai Steel is a vertically integrated steel producer, leveraging its position within the Hyundai Motor Group for stable demand from automotive manufacturing.
- The company is actively investing in eco-friendly steel production technologies, including electric arc furnaces and hydrogen-based steelmaking, to reduce carbon emissions.
- Focuses on high-value-added steel products, such as advanced high-strength steel (AHSS) for lightweight automotive applications and specialized steel for construction and shipbuilding.
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Investment Focus
Technologies
Offshore Wind1
Geography
South Korea1
Key People
Seo Myung-jin
CEO
Track Record
71
Years Active
Notable projects: Major steel supplier to Hyundai Motor and Kia, Steel supplier for various construction and shipbuilding projects globally
Detailed Analysis
Sectors
Technologies
Geographies
Subsidiaries
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