Hyundai Steel Story

Ju-yung Chung
Former Chairman of Hyundai Group

“If we don’t start because we feel too far behind,
we will never be able to achieve anything”

Mong-koo Jeong,
Honorary Chairman of Hyundai Motor Group

“We must have the courage
and confidence to lead change”

Eui-sun Chung,
Hyundai Motor Group Executive Chair

“Through relentless challenges,
we create customer value and build trust”

Sustainable growth
Innovation
Carbon Neutrality
Humanity
Global leadership
Honesty
Customer centricity

World-class products
Hy-Cube
Electric Arc Furnace
EPD
Smart Factory
Future mobility

Philosophy

With creative thinking and unwavering determination, we shape a new future and bring humanity’s dreams to life. Hyundai Steel is taking bold steps toward sustainability by unlocking the full potential of steel through a customer-focused approach and leveraging its extensive expertise.

We contribute to building safe structures that can withstand earthquakes and fires, durable steel for ships navigating deep seas and polar regions, and lightweight yet strong materials for safer automobiles. At the same time, we deliver unique value tailored to customer needs across diverse industries, including home appliances and energy. In addition, we actively support Hyundai Motor Group’s resource recycling initiatives and strive to solidify our position as a leading global steel company by consistently expanding our international presence.

Unlimited sense of responsibility

Our commitment to the safety and happiness of our customers is brought to life through quality management, driving the creation of endless value for society.
Realization of possibilities

We never settle for achieving a single goal instead, we constantly pursue new challenges, building a brighter future with a fearless spirit that embraces the possibility of failure.
Respect for mankind

We deliver better products and services to more people, faster, enhancing the values of humanity.

CEO Message

Hyundai Steel is capable of sustainable growth: Established in 1953 as South Korea’s first steel company, Hyundai Steel continues to grow, driven by the limitless potential of steel

Gang-hyeon Seo,
CEO and President of Hyundai Steel

“We will usher in a new era of steel, together with you.”

Greetings. Thank you for your interest in Hyundai Steel and for visiting our website. Humanity has evolved from the Stone Age and Bronze Age to flourish in the civilization of the Iron Age. At first glance, the steel industry may seem distant from our daily lives due to its large-scale facilities and the significant capital requirements, which position it as a heavy industry.

However, if you look around you today, you will see how deeply and diversely steel is intertwined with our daily lives. For this reason, even in an era where various alternative materials are being produced and distributed, we are still considered to be living in the Iron Age.

Recently, the social and industrial environment around us is changing rapidly, almost on a daily basis. The steel industry has moved from an era defined by large-scale competition to one in which technology-driven convergence with related industries and the pursuit of carbon neutrality are key measures of a company’s sustainability.

In this rapidly changing management environment, for a company to remain competitive and continue to grow, it must establish a unique set of values and pursue new, unfamiliar paths, rather than relying on past approaches.

At Hyundai Steel, our focus on achieving carbon neutrality, backed by our accumulated technological capabilities, as well as aligning ourselves with advanced material industries such as metal separators for hydrogen fuel cells and battery cathodes made of steel materials, is central to realizing these values.

A journey to transcend the limitations of iron through new perspectives and values, unlocking infinite possibilities for humanity’s present and future.

I would like to call this journey the ‘New Era of Steel.’

All families of Hyundai Steel continue to build upon the foundation of iron and work to envision the dreams and future of humanity, and are meeting with you today as well. In addition, by centering the foundation of our corporate activities on sustainable management, we aim to ensure the happiness of our members while aligning our business direction with the broader goal of promoting the happiness of humanity.

Everyone, please continue to follow Hyundai Steel with interest.

With your support and interest, we will demonstrate the infinite possibilities of iron and continue to lead the way into the ‘New Era of Steel.’

Thank you.

Core values

The five core values serve as clear behavioral guidelines for Hyundai Steel to generate new value. Hyundai Steel is committed to journeying forward with the five core values to create a sustainable company and a sustainable society.

Customer-centric

We promote a customer-driven corporate culture by providing the best quality and service for our customers.
Challenging attitude

We refuse to fall into the trap of complacency, we embrace each challenge as a welcome opportunity, and we are confident in achieving our goals with unwavering enthusiasm and an ingenious mindset.
Communication and cooperation

We create synergy through a sense of "togetherness" that is fostered by mutual communication and cooperation within the company and with our business partners.
Appreciation of talent

We believe the future of our organization lies in the hearts and capabilities of individual members, and we will do all we can to help these individuals develop their potential by creating a corporate culture that respects individuality.
Pursuit of global society

We respect the diversity of cultures and customs, aspire to be the world’s best at what we do, and strive to become a respected global corporate citizen.

CI

High Spirit, Harmony, Humanity

The symbol "H" highlighting the company name of Hyundai Steel represents High Spirit, Harmony, and Humanity.
The strong two axes of H stand for new and existing business projects of Hyundai Steel and the relationship between the company and customers, while the bridge in the middle represents the future that grows with balance and integration of the two axes.
The color blue indicates that Hyundai Steel is a leading company that realizes the blueprint for a bright future with advanced technology and high level of trust. The High Spirit, Harmony, and Humanity represent the fact that Hyundai Steel will continue to grow into the world's greatest steel company that contributes to a bright future society through challenging and innovative spirits and harmony.

Basic Application Sign AI

Vision

A steel company capable of sustainable growth: Hyundai Steel will be a trusted partner, providing the optimal materials needed to bring our customers’ dream products to life, backed by the best technology and quality. As a result, our customers will be able to utilize materials more effectively, enhance their product competitiveness and achieve tangible results. Our members will develop into globally skilled talents, sharing in the company's challenges and successes within a safe workplace, and becoming key players in shaping the future of the steel industry and the Korean economy. Hyundai Steel will fulfill its social responsibility by creating quality jobs through continuous investment, growing alongside partners, suppliers, and the local community, all while maintaining transparent and fair competition. Through this approach, we will establish a new industrial ecosystem model and position ourselves as a sustainable steelworks.

HYUNDAI-STEEL