History

Korea Steel has been a front-runner
in the domestic steel industry since established in 1971.

Established in May 1971, Korea Steel aims to improve the quality of life and innovate technology. As a front-runner in the domestic steel industry, we have been contributing to the growth of national industry. In view of recent completion of Chilseo Steel works equipped with the best technology and state-of-the-art facilities, we are ready to respond to the expectation of the customers by providing various products of the best quality.

  • May. 1971

    Company established (Busan Steel Mill : 7 Nakmin-dong, Dongnae-gu, Busan)

  • Sep. 1974

    Selected as a supplier of products for export of Busan

  • Oct. 1974

    Headquarter relocated(Hakjang-dong, Sasang-gu, Busan)

  • Apr. 1984

    Plant expanded and facilities modernized

  • Nov. 1989

    Initial Public Offering and stock listing(Korea Exchange, KRX)

  • Dec. 1991

    Completed automation of manufacturing facilities at Sasang plant

  • Mar. 1993

    Change company name from ‘Busan Steel Mill’ → ‘Busan Steel’

  • Mar. 2001

    Changed company name from ‘Busan Steel’ → ‘Korea Steel Shapes’

  • Apr. 2002

    Constructed Noksan Plant

  • Jul. 2007

    Started constructing Chilseo Steel works

  • Mar. 2009

    Completed Chilseo Steel works

  • Dec. 2011

    Won USD 100 million export tower(Ministry of Knowledge Economy)

  • Nov. 2014

    Selected as an excellent company for quality competitiveness for 15 consecutive years

  • Dec. 2019

    Signed on MOU for facility investment(Haman-gun Gyeongsangnam-do)

  • Feb. 2021

    Started construction of a rolling plant exclusively for reinforcing bars

  • Mar. 2021

    Changed company name from ‘Korea Steel Shapes’ → ‘Korea Steel’ and moved the headquarter(Chilseo Haman-gun, Gyeongnam)

  • Jun. 2022

    Completed a rolling plant exclusively for reinforcing bars