Thursday, May 26, 2011

Hyundai Steel - Wednesday in Korea




After a well rested evening, we headed to the train station in Ulsan for our 90 minute bullet train west across South Korea to Asan. We then motorcoach to Dangjin, located along the Yellow Sea. We are treated to a delightful lunch with President Woo Yoo-cheol, the CEO in Hyundai’s newly designed guest house.

This morning, we visit Hyundai Steel. The second largest steelmaker in South Korea is leading the way by establishing a “tightly closed raw material processing system”. Hyundai Steel created the worlds’ first closed raw material processing system that enables the steelmaker to operate all its procedures under airtight conditions. The closed roof raw material handling facility, can store 3 million tons of iron ore, coal, and other raw materials. The plant imports all its materials and is located on 2000 acres. Three key factors for the steel they produce for their cars: producing 6mm thick steel that is of the best quality and with a brilliant shine.

Prior to our departure, President Woo has gifted each of us with a replica of the closed dome-roof facility buildings where the raw materials are stored and production initiated.

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