【SMM Steel】Hyundai Steel upgrades Dangjin continuous galvanizing line via SMS group

Published: Apr 2, 2026 16:35

Save

【SMM Steel】Hyundai Steel issued FAC to SMS group after upgrading its Dangjin #1 CGL. The two-phase project integrated X-Pact® automation and upgraded hydraulics to improve strip quality and stability. Stage 1 added a new strip washer/dryer. Stage 2 focused on the skin-pass mill for precise flatness. The upgrades reduce downtime and extend equipment life, building on a partnership since 2005.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

51 mins ago

MMi Daily Iron Ore Report (April 2)

Iron ore futures showed a stronger trend in the morning session today but weakened in the afternoon. The main contract I2605 eventually closed at 805 yuan/ton, down 1.29% from the previous trading session.

51 mins ago

1 hour ago

[SMM Daily Hot-Rolled Coil Trading] Spot Trading Continued to Fluctuate

[SMM Daily Hot-Rolled Coil Trading] On April 2, the total daily trading volume of hot-rolled coil among SMM sample enterprises in four cities (Shanghai, Lecong, Tianjin, and Ningbo) was 14,480 mt, down 480 mt day-on-day, or 3.2%, with solar-calendar YoY up 33.21% and lunar-calendar YoY down 19.24%.

1 hour ago

2 hours ago

【SMM Steel】Thyssenkrupp urges EU protection moves for electrical steel production

【SMM Steel】Thyssenkrupp Steel Europe is pushing the EC for immediate trade protection to defend its grain-oriented electrical steel production. Cheap Asian imports have tripled since 2022 and soared 50% in 2025. Thyssenkrupp extended production cuts at two facilities. GO steel is essential for power grids but avoids existing quota cuts. The steelmaker warns 1,200 jobs and Europe's tech lead are at risk without a level playing field. Quick intervention is needed.

2 hours ago