KG Steel Dangjin steel plant

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KG Steel Dangjin steel plant, also known as KG Dongbu Steel Dangjin (formerly), Kage Dongbu Steel Dangjin, Asan Bay Works, Keiji Dongbu Steel Dangjin, is a steel plant in Dangjin, South Chungcheong, South Korea that operates electric arc furnace (EAF) technology.

Location

The map below shows the exact location of the plant in Dangjin, South Chungcheong, South Korea:

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  • Location: 1228, Bukbusaneop-ro, Songak-eup, Dangjin-si, Chungcheongnam-do, Republic of Korea
  • Coordinates (WGS 84): 36.983721, 126.744755 (exact)

Background

The construction of the Dangjin factory was completed in 1999. The steel meltshop comprising two 160 ton electric arc furnaces (EAF) was inaugurated in July 2009.[1] Dongbu Steel went through a corporate workout program in 2015 and had been up for sale for five years until KG group acquired it in April 2019.[2] The company changed its name to KG Dongbu Co Ltd in March 2020 and to KG Steel Co Ltd in March 2022.[3]

In 2016, Pulse News of the Maekyung Media Group reported that equipment from the Dongbu Steel Dangjin steel plant would be sold off to Iran.[4] The attempt failed then, but its EAF units were sold to Liberty group for installation at its Romania-based Galati steelworks in November 2022.[5] As of February 2023, Liberty Steel studying the feasibility of relocating the equipment from South Korea to their Galati plant.[6] In February 2024, all of the Purchaser's rights and obligations were transferred to Liberty Primary Metals Australia Pty Limited, and the Purchaser holds an option related to the transfer of the hot rolling electric furnace facility, which may increase the sale price. The exercise date of the option is March 29, 2024.[7]

Plant Details

Table 1: General Plant Details

Start date Pre-retirement announcement date Retired date Workforce size Power source
1999[8][9] 2022-11-29[10] 2024-02[11] 597[12][13] unknown

Table 2: Ownership and Parent Company Information

Parent company Parent company PermID Parent company GEM ID Owner Owner company PermID Owner company GEM ID
KG Chemical Corp 4295881333 E100002007588 KG Steel Co Ltd[11] 5069478628 E100002006224

Table 3: Process and Products

Steel product category Steel products Steel sector end users ISO 14001 Main production equipment
semi-finished, finished rolled[14] sheet, strip, bar, h-beam, wire[14] building and infrastructure[15] yes[16] EAF

Table 4: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)

1Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Capacity operating status1 Electric arc furnace steelmaking capacity Nominal crude steel capacity (total)
retired 3000[17][18] 3000[17][18]

Table 5: Actual Plant-level Crude Steel Production by Year (thousand tonnes per annum)

Year EAF production Other/unknown steel production Total (all routes)
2019 unknown unknown
2020 unknown unknown
2021 1566[11] [11] 1566[11]
2022 1538[11] [11] 1538[11]
2023 1681[11] [11] 1681[11]

Unit Details

Table 6: Electric Arc Furnace Details

Unit name Status Start date Retired date Furnace manufacturer and model Current capacity (ttpa) Current size (tonnes)
EAF 1 retired[11][19] 2009[20] 2024-02[11] Consteel[18] 1500[17][18] 160.0[17][18][21]
EAF 2 retired[19][11] 2009[20] 2024-02[11] Consteel[18] 1500[17][18] 160.0[17][18][21]

Table 7: Electric Arc Furnace Feedstock Details

Unit name Scrap-based % scrap % pig iron (unknown if basic/merchant or granulated
EAF 1 yes[22] 70.00[22] 30.00[22]
EAF 2 yes[22] 70.00[22] 30.00[22]

Articles and Resources

Additional data

To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.

References

  1. "Dongbu Steel Begins Producing Hot Strips". koreatimes. 2009-07-01. Retrieved 2023-12-01.
  2. "KG Group to acquire Dongbu Steel". koreatimes. 2019-04-04. Retrieved 2023-12-01.
  3. v-w. "KG Steel". www.kg-steel.co.kr (in kanuri). Retrieved 2025-01-08.
  4. "S. Korea's Dongbu Steel creditors opt to sell off Dangjin plant's hot-rolled steel electric furnace to Iran". Pulse News (in 한국어). 2016-03-10. Retrieved 2022-04-13.{{cite web}}: CS1 maint: url-status (link)
  5. "Liberty acquires Dongbu EAF, strip mill for Galati - EUROMETAL". 2022-11-29. Retrieved 2023-12-01.
  6. "Romanian steelmaker Liberty Galati to restart its only blast furnace in March - EUROMETAL". 2023-02-22. Retrieved 2023-12-06.
  7. v-w. "KG Steel". www.kg-steel.co.kr (in kanuri). Retrieved 2025-01-08.
  8. https://web.archive.org/web/20210801135145/http://www.dongbucolor.com/html/A00.history.html. Archived from the original on 2021-08-01. {{cite web}}: Missing or empty |title= (help)
  9. https://web.archive.org/web/20200129161810/http://www.dongbuthaisteel.com:80/page/about-dongbu-steel. Archived from the original on 2020-01-29. {{cite web}}: Missing or empty |title= (help)
  10. https://www.recyclingtoday.com/news/liberty-steel-acquires-korean-dongbu-steel-plant/. {{cite web}}: Missing or empty |title= (help)
  11. 11.00 11.01 11.02 11.03 11.04 11.05 11.06 11.07 11.08 11.09 11.10 11.11 11.12 11.13 11.14 https://www.kg-steel.co.kr/html/COMPANY.html. {{cite web}}: Missing or empty |title= (help)
  12. https://web.archive.org/web/20220112202105/https://www.emis.com/php/company-profile/KR/Dongbu_Incheon_Steel_CoLtd_en_4269212.html. Archived from the original on 2022-01-12. {{cite web}}: Missing or empty |title= (help)
  13. https://web.archive.org/web/20220905021214/https://kg-steel.co.kr/html/COMPANY.html. Archived from the original on 2022-09-05. {{cite web}}: Missing or empty |title= (help)
  14. 14.0 14.1 https://web.archive.org/web/20220204140413/http://www.kosa.or.kr/sub/eng/member/member_product_list.jsp. Archived from the original on 2022-02-04. {{cite web}}: Missing or empty |title= (help)
  15. (PDF) https://www.dongbusteel.com/_res/en/etc/KG_DongbuSteel_ColdRolled_Galvanized_catalogue_EN.pdf. {{cite web}}: Missing or empty |title= (help)
  16. https://web.archive.org/web/20240125055233/https://kg-steel.co.kr/html/COMPANY.html. Archived from the original on 2024-01-25. {{cite web}}: Missing or empty |title= (help)
  17. 17.0 17.1 17.2 17.3 17.4 17.5 https://www.steelorbis.com/steel-news/latest-news/liberty-steel-to-purchase-dongbu-steel-plant-in-s-korea-for-installation-in-romania-1269296.htm. {{cite web}}: Missing or empty |title= (help)
  18. 18.0 18.1 18.2 18.3 18.4 18.5 18.6 18.7 https://web.archive.org/web/20221129220941/https://libertysteelgroup.com/ro/news/liberty-signs-agreement-to-purchase-plant-and-equipment-from-kg-steel/?lang=en. Archived from the original on 2022-11-29. {{cite web}}: Missing or empty |title= (help)
  19. 19.0 19.1 https://web.archive.org/web/20240912170130/https://eurometal.net/romanian-steelmaker-liberty-galati-to-restart-its-only-blast-furnace-in-march/. Archived from the original on 2024-09-12. {{cite web}}: Missing or empty |title= (help)
  20. 20.0 20.1 https://www.koreatimes.co.kr/www/tech/2023/12/419_47787.html. {{cite web}}: Missing or empty |title= (help)
  21. 21.0 21.1 (PDF) https://web.archive.org/web/20220119212404/https://www.industry.gov.au/sites/default/files/adc/public-record/005_-_exporter_questionnaire_response_-_dongbu_steel_-_attachment_1.pdf. Archived from the original (PDF) on 2022-01-19. {{cite web}}: Missing or empty |title= (help)
  22. 22.0 22.1 22.2 22.3 22.4 22.5 https://web.archive.org/web/20240809164051/https://pp.one/. Archived from the original on 2024-08-09. {{cite web}}: Missing or empty |title= (help)

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