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Thank you for your visit to Pos-Hyundai Steel Mfg.(I)Pvt. Ltd.
Pos-Hyundai Steel Mfg.(I) Pvt. Ltd was established under the Joint-Venture of Hyundai Corporation, Pohang Iron and Steel Company(POSCO) and POSTEEL, POSCO’s syster company with the mission of supplying Indian customers with high quality steel products from POSCO in Tamil Nadu State, India as a Steel Coil Processing Center.
In the beginning, we focused on the supply of steel products imported from POSCO with relation to automobile manufacturing industry such as Hyundai Motor India Ltd., though nowadays we have been expanding our business area up to steel products for Electronics and Kitchen Utensils, Stainless Steel products and other Industrial Steel Products such as electrical steel.
Besides, we have established concrete cooperation relationship with Tata Iron & Steel Company(TISCO) which is one of the greatest steel making company in India, and supply various customers in southern India with their material through Long-Term Job-Work Contracts signed between two parties.
According to our major customer’s production capacity expansion plan like this, we are reviewing investment plan on installation of new lines to meet customer satisfaction as well, following factory expansion in January, 2006.
We, Pos-Hyundai Steel Mfg.(I) Pvt. Ltd. will be reborn as a company developing itself ceaselessly for customer satisfaction and make a greatest effort to serve customers with the highest quality and competitiveness.
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:::: Hyundai Corporation ::::
Company Name
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POS-HYUNDAI STEEL MFG. (I) PVT.LTD |
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F-70, Sipcot Indi. Park, Irungattukottai, NH-4, Bangalore Highway, Sriperumbudur, Kanchipuram Dt. - 602 105. |
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Date of Incorporation
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1997.09.10 |
Commencement of Commercial Production
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1998.09.03 |
Chief of teams
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Managing Director : Ki-Wan Kang
Chief of Marketing & Manufacturing : Byoung-Haeng Lee
Chief of Finance : R.K.Senthil Vel
Chief of Operation : K.Sampath Kumar
Chief of HR & Admin : R.V.Viswanathan
Chief of Sales : A.Kutub Shamshudin
Chief of Logistics : G.Udaya Kumar
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Work forces
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Korean : 2 persons
Indian staffs & Operators : 60 persons
Total : 62 persons |
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Project Cost
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Rs. 4,190 (Lakhs) : USD 10,179,000 |
Equity Contribution
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USD 6 Million |
Shareholder's & Equity (%)
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Hyundai Corporation - 70.5%
POSCO - 10.0%
POSCO Steel Service & Sales Co. (POSTEEL) - 19.5% |
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Business
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Processing of Steel Coils into Sheet and Skelp |
Installed Capacity for a shift
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Shearing : 50 ,000 MT
Slitting : 42,000 MT
Mini Shearing : 8,000 MT
Total : 1,00,000 MT |
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| Turnover In 2011 |
USD 36 MILLION |
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| Quality Certification |
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