AutomotiveAug 10, 2026

Hyundai Steel

Company Profile Analysis

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Year Founded & Workforce

1952-12-31

12,000 Employees

Industry

AutomotiveB2BB2C

Services

Hyundai Steel Overview

Company Headquarters: South Korea

Founded: 1953

Workforce: ~12,000

Company Working: Hyundai Steel, formerly known as Hyundai INI Steel, is one of the leading manufacturers of steel products. Its product segment includes cold-rolled coils, hot-rolled coils, plates, pipes, and automotive parts for construction, industrial, and automobile applications. The company develops and manufactures its products with cutting-edge technologies to make automobiles more lightweight for improved fuel efficiency, reinforcing shock-resistance for enhanced safety, and bringing the strengths of each raw material to life. Furthermore, its products are manufactured to ensure the safety of automobiles, increase fuel their efficiency, and lower vehicle emissions.

The company manufacturers ERW pipes with high strength and resistant to structural damage, which can increase overall safety and lifespan of cars. The ERW pipes are highly processable and can be easily shaped to car design and developed with the properties appropriate for lightweight automotive bodies. The ERW pipes are mostly used for car frames and exteriors.

It has a vast network of subsidiaries, which includes Hyundai Special Steel Company, Hysco Steel India Private Limited, Hyundai Steel America, Inc., Qingdao Hyundai Machinery Co., Ltd, Hyundai Hysco China Co., Ltd, Hyundai Steel Chongqing Co., Ltd., SPP Yulchon Energy Co., Ltd., Hyundai Steel India Private Limited, and Hyundai Green Power Co. Ltd..

Strategy

Hyundai Steel is planning to lead the new era for the steel industry by providing high value-added products and services and by achieving global competitiveness based on co-operation with customers to increase the profitability and sales of high-value products. It is striving for improved profitability through the continuous expansion of strategic product sales in new demand areas by creating new demand for high-quality products produced and sold to global automobile brands at the special steel plant and forging works. Furthermore, the company is focusing on proceeding with an array of activities for the verification of quality and structure performances, support for study activities, and collaborative research and development to meet the demand for steel with high functions such as impact proofing and fire resistance.

Company Snapshot

$14,261.6M

Revenue

12,000

Employees

1952-12-31

Founded

South Korea

Headquarters

SWOT Analysis

Strengths

Ongoing development of stronger and lighter advanced high strength steels for new cars
Innovative approach that goes beyond existing business know-how

Weaknesses

No manufacturing facility outside Asia

Opportunities

Diversify profit structures by rapidly stabilizing new product lines
Develop products to pursue the specialized values that focus on customer needs.

Threats

Gradually enforced environmental regulations
Core safety rules issues, and penalties

Product Offering

Hyundai Steel
- ERW Pipe

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Hyundai Steel as part of our ongoing coverage of the Automotive sector, drawing on public company data, filings, and market intelligence.

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Rob Kooiker

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Hyundai Steel

Company Headquarters: South Korea Founded: 1953 Workforce: ~12,000 Company Working: Hyundai Steel, formerly known as Hyundai INI Steel, is one of the leading manufacturers of steel products. Its product segment includes cold-rolled coils, hot-rolled coils, plates, pipes, and automotive parts for construction, industrial, and automobile applications. The company develops and manufactures its products with cutting-edge technologies to make automobiles more lightweight for improved fuel efficiency, reinforcing shock-resistance for enhanced safety, and bringing the strengths of each raw material to life. Furthermore, its products are manufactured to ensure the safety of automobiles, increase fuel their efficiency, and lower vehicle emissions. The company manufacturers ERW pipes with high strength and resistant to structural damage, which can increase overall safety and lifespan of cars. The ERW pipes are highly processable and can be easily shaped to car design and developed with the properties appropriate for lightweight automotive bodies. The ERW pipes are mostly used for car frames and exteriors. It has a vast network of subsidiaries, which includes Hyundai Special Steel Company, Hysco Steel India Private Limited, Hyundai Steel America, Inc., Qingdao Hyundai Machinery Co., Ltd, Hyundai Hysco China Co., Ltd, Hyundai Steel Chongqing Co., Ltd., SPP Yulchon Energy Co., Ltd., Hyundai Steel India Private Limited, and Hyundai Green Power Co. Ltd..

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