New Technology for Hyundai Steel in Dangjin, South Korea to build Wire Rod

Published: Jul 22, 2026 17:58
New technology that is adopted by Hyundai Steel is TrimRob technology, a technology that created together with Polytec & Primetal Technologies. This robot will able to make wire rod in various grades and strength, and consistently cut the required amount for wire sizes from 5.5 to 20 mm. “Leveraging robots is critical to the steel industry. With TrimRob, Hyundai Steel is able to significantly reduce repetitive strain injuries while moving operators to higher-value work,” said Ravindra Goyal, head of process for Primetals Technologies USA.

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 for 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
7.22 Global Steel Daily
Common.Time.minsAgo
7.22 Global Steel Daily
Read More
7.22 Global Steel Daily
7.22 Global Steel Daily
[Plate/HRC] Today HRC and other flat-product export prices were flat day on day, with HRC deal prices at 486-491 USD/tonne. Overseas markets still saw no clearpick-up in volume and remained largely wait-and-see; some domestic traders selling short were able to secure a certain amount of volume. [Billet] Today export billet FOB prices were steady, with Jiangyin quoted at 457-459 USD/tonne. It is understood that the current international situation is unstableand a partial strait blockade in the Middle East has weighed somewhat on steel exports, with most Middle-East buyers taking a wait-and-see stance pendinggreater clarity. Meanwhile domestic billet export offers held no clear competitive edge, making deals hard to close. [Rebar] Today Tianjin rebar export prices were steady, with deals at 479-484 USD/tonne. Market participants reported ordinary inquiries; some South-China millsquoted rebar exports on the high side at 510 USD/tonne FOB, but the high offers struggled to clear.
Common.Time.minsAgo
[SMM Analysis]China-Indonesia Steel Price Spread Inverted, Overseas Demand Still Shows No Improvement
Common.Time.minsAgo
[SMM Analysis]China-Indonesia Steel Price Spread Inverted, Overseas Demand Still Shows No Improvement
Read More
[SMM Analysis]China-Indonesia Steel Price Spread Inverted, Overseas Demand Still Shows No Improvement
[SMM Analysis]China-Indonesia Steel Price Spread Inverted, Overseas Demand Still Shows No Improvement
Common.Time.minsAgo
MMi Daily Iron Ore Report (July 22)
Common.Time.minsAgo
MMi Daily Iron Ore Report (July 22)
Read More
MMi Daily Iron Ore Report (July 22)
MMi Daily Iron Ore Report (July 22)
Today, the DCE iron ore futures weakened today. The most-traded DCE i2609 contract closed at 739.5 yuan/mt, down 1.00%. The spot price at Qingdao Port fell around 4-8 yuan/mt from the previous trading day.
Common.Time.minsAgo