Dongbu Steel
Encyclopedia
Dongbu Steel
Dongbu Steel (DBS, Hangul
Hangul
Hangul,Pronounced or ; Korean: 한글 Hangeul/Han'gŭl or 조선글 Chosŏn'gŭl/Joseongeul the Korean alphabet, is the native alphabet of the Korean language. It is a separate script from Hanja, the logographic Chinese characters which are also sometimes used to write Korean...

:동부제철; , , is a South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

n multinational corporation
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...

and have made significant contributions to the steel and iron industries both in Korea and abroad. Dongbu Steel is a leading producer of cold-rolled products and are positioned to become the world's leader for steel sheet products, steel and iron coating, and new products.
Dongbu Steel have played a key role in the development of Korea’s core industries including automotive, electronics and construction. Its steelworks in Asan Bay, Incheon and Pohang have a combined annual production of 2.5 million tons and sales exceeding 2.2 trillion KRW (2.5 billion USD). The company’s products include cold-rolled steel sheet, galvanized steel sheet, pre-painted steel sheet, tinplated steel sheet, medium and large diameter pipe, welded light H-beam, PEB, cold heading quality wire, cold drawing bar, and more.
The Asan Bay Works, established in 1999, has the world's first fully automated process from production to physical distribution. Because of this innovative process Dongbu Steel have realized the world's lowest production costs, positioning Dongbu Steel as the most competitive company specialized in coating and steel sheet.
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