KG Dongbu Steel Dangjin steel plant
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KG Dongbu Steel Dangjin steel plant, also known as Kage Dongbu Steel Dangjin; Keiji Dongbu Steel Dangjin; Asan Bay Works, is an electric arc furnace (EAF) steel plant operating pre-retirement in Dangjin, South Chungcheong, South Korea.
Location
The map below shows the exact location of the plant in Dangjin, South Chungcheong, South Korea:
- 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] 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.[3] The attempt failed then, but its EAF units were sold to Liberty group for installation at its Romania-based Galati steelworks in November 2022.[4] As of February 2023, Liberty Steel studying the feasibility of relocating the equipment from South Korea to their Galati plant.[5]
Plant Details
Table 1: General Plant Details
Plant status | Start date | Pre-retirement announcement date | Workforce size |
---|---|---|---|
Operating pre-retirement[6] | 1999[7][8] | 2022-11-29[6] | 597[9][10] |
Table 2: Ownership and Parent Company Information
State-owned entity status | Parent company | Parent company PermID | Parent company GEM ID | Owner | Owner company PermID | Owner company GEM ID |
---|---|---|---|---|---|---|
Partial | KG Dongbu Steel Co Ltd [100%] | 4295880978 [100%] | E100001012482 [40%]; E100001012484 [18.5%]; E100001000730 [5%] | KG Dongbu Steel Co Ltd[11] | 4295880978 | E100000130715 |
Table 3: Process and Products
Steel product category | Steel products | Steel sector end users | ISO 14001 | Main production equipment | Detailed production equipment |
---|---|---|---|---|---|
semi-finished; finished rolled[12] | bar, cold-rolled strip, sheet, H-beam, wire[12] | building and infrastructure[13] | yes[11] | EAF[14] | 2 EAF (2x 160-tonne; began in 2009; sold to Liberty steel in 2022-11)[15][16][17] |
Table 4: Crude Steel Production Capacities (thousand tonnes per annum)
Capacity operating status* | Electric arc furnace steelmaking capacity | Nominal crude steel capacity (total) |
---|---|---|
operating pre-retirement | 3000 TTPA[15][16][15][16] | 3000 TTPA[15][16][15][16] |
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 Steel Plant Tracker on the Global Energy Monitor website.
References
- ↑ "Dongbu Steel Begins Producing Hot Strips". koreatimes. 2009-07-01. Retrieved 2023-12-01.
- ↑ "KG Group to acquire Dongbu Steel". koreatimes. 2019-04-04. Retrieved 2023-12-01.
- ↑ "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) - ↑ "Liberty acquires Dongbu EAF, strip mill for Galati - EUROMETAL". 2022-11-29. Retrieved 2023-12-01.
- ↑ "Romanian steelmaker Liberty Galati to restart its only blast furnace in March - EUROMETAL". 2023-02-22. Retrieved 2023-12-06.
- ↑ 6.0 6.1 https://www.recyclingtoday.com/news/liberty-steel-acquires-korean-dongbu-steel-plant/.
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(help) - ↑ https://web.archive.org/web/20200129161810/http://www.dongbuthaisteel.com:80/page/about-dongbu-steel. Archived from the original on 29 January 2020.
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(help) - ↑ https://web.archive.org/web/20210801135145/http://www.dongbucolor.com/html/A00.history.html. Archived from the original on 01 August 2021.
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(help) - ↑ https://web.archive.org/web/20220905021214/https://kg-steel.co.kr/html/COMPANY.html. Archived from the original on 05 September 2022.
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(help) - ↑ https://www.emis.com/php/company-profile/KR/Dongbu_Incheon_Steel_CoLtd_en_4269212.html#:~:text=was%20incorporated%20on%20May%2001drop%20of%203.92%25%20in%202018.
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(help) - ↑ 11.0 11.1 https://web.archive.org/web/20240125055233/https://kg-steel.co.kr/html/COMPANY.html. Archived from the original on 25 January 2024.
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(help) - ↑ 12.0 12.1 https://web.archive.org/web/20220204140413/http://www.kosa.or.kr/sub/eng/member/member_product_list.jsp. Archived from the original on 04 February 2022.
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(help) - ↑ (PDF) https://www.dongbusteel.com/_res/en/etc/KG_DongbuSteel_ColdRolled_Galvanized_catalogue_EN.pdf.
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(help) - ↑ https://web.archive.org/web/20220124090544/https://pulsenews.co.kr/view.php?year=2016&no=185694. Archived from the original on 24 January 2022.
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(help) - ↑ 15.0 15.1 15.2 15.3 15.4 https://www.steelorbis.com/steel-news/latest-news/liberty-steel-to-purchase-dongbu-steel-plant-in-s-korea-for-installation-in-romania-1269296.htm.
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(help) - ↑ 16.0 16.1 16.2 16.3 16.4 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 29 November 2022.
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(help) - ↑ (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 19 January 2022.
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