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Company History

Leading In Stainless Steel

Daiyang Metal takes the lead to the stainless steel in Korea for 40 years.

  • 500 million Export Tower Award
  • 1,000 million Export Tower Award
  • 5,000 million Export Tower Award
  • Silver Tower Order of Industrial Service Merit

1973~1979

  1. Company foundation ( merged Sunhong metal co.) ( company capitalized at 152 million won)
  2. Increased capital (40 million won)
  3. Introduction of 1 Grinder of Japan make
  4. Increased capital 12 million won
  5. Introduction of high frequency electric furnace of Japan make
  6. Acquisition of KS MARK (KSD 3698)
  7. Increased capital (76 million won)

1982~1989

  1. The first bond issue (200 million won)
  2. Revaluation of assets (revaluation excess 1,025 million won)
  3. Introduction of one 6H rolling mill of Japan make in Banwol factory
  4. Introduction of B/A 1 of Japan make in Banwol factory
  5. Purchased Banwol factory (730-1)
  6. Capital transfer of revaluation reserves (994 million won)
  7. Acquisition of KS mark (KSD 3700)
  8. Introduction of 20H rolling mill and B/A 2 in Banwol factory
  9. Purchased Banwol factory (730-2)
  10. 26th Trade Day 500 million Export Tower Award
  11. Revaluation assets (revaluated valuation 7,268 million won)

1990~1999

  1. Capital transfer of revaluation reserves (6,758 million won)
  2. Established annex research institute
  3. Increased capital (stock dividend 1,067,865 thousand won)
  4. Introduction of one 4H rolling mill in Banwol factory
  5. Established OCEAN METAL CORP, overseas affiliated company in the United States of America (The gross capital US$1,660,000)
  6. 26th Taxation Day Silver Tower Order of Industrial Service Merit
  7. 29th Trade Day 1000 million Export Tower Award
  8. Registered stock curb market
  9. Completed ultra thin rolling mill in Banwol factory
  10. Listed on the stock exchange(number of stocks 260 million)
  11. Issued overseas convertible bonds $20,000,000
  12. Introduction each one of 12H & 20H rolling mill in Yesan factory
  13. Introduction B/A LINE in Yesan factory
  14. Increased capital (stock share 13,641,000 thousand won)
  15. Established Yesan factory in 1999.12.30 Introduction of 18 column rolling mill in Ansan factory

2000~2009

  1. 37th Trade Day 5000 million Export Tower Award
  2. Acquisition of QS-9000 (ISO 9002 included)
  3. Introduction of SLITTER 1 in Yesan factory (1,250mm)
  4. Establish more 3# B/A LINE in Ansan factory
  5. Open Coil center in Southern Office

2010~

  1. Capital increase by issuing new stocks (debt-equity swap, capital after increase 22,949,094,000 won)
  2. Change the largest share holder from six people include Kang seok du to Standard Chartered Bank
  3. Capital increase by issuing new stocks (debt-equity swap, capital after increase 23,040,594,000won)
  4. Capital increase by issuing new stocks (debt-equity swap, capital after increase 24,096,594,000won)
  5. Change representative director from Mr.Kang Chan Ku to Mr.Kang Chan gu & Kang Seok Tae
  6. Change representative director from Mr.Kang Chan gu & Kang Seok Tae to Y. S. Song
  7. Change representative director from Y. S. Song & Mr.Jo Sang Jong
  8. Representative Executive Officer Jeong-ji-soo
  9. Change representative director from Jeong-ji-soo & Mr.Jo Sang Jong
Tel.82-2-2156-5500