Top 100 corps. Contact Us AD Info 8. Despite a drop in steel prices and Korea's sluggish economy, the company sustained competitiveness through capacity utilization of facilities.
Profitability remains sound, and the recovery of the hot-rolled coil market is a good sign.
The company completed STS rolling and sheet slave plants in 1996. A plant capable of producing 1.8 million tons of cold-rolled coil per year will be completed in 1997. A blast furnace in Kwangyang will be expanded in 1997, too. The company's strategy is to concentrate on overseas markets in order to secure stable sales and raw materials bases.