• Journal of the Korean Ceramic Society
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• v.40 no.12
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• pp.1141-1149
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• 2003

Refractory industry in technologically advanced countries has long been on gradual decline due to leveled-off steel production and decreasing unit consumption of refractories for steel. Notable technological achievements by refractory industry that contributed significantly to steel production are briefly reviewed covering from blast furnace, basic oxygen furnace to continuous casting. Future possibility to revitalize the refractory industry is discussed on the basis of the review, taking into account opportunities available in environment and energy related sector of industries.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.40 no.2
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• pp.51-59
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• 2017

Due to the rapid change of global business environment, the growth of China's steel industry and the inflow of cheap products, domestic steel industry is faced on downward trend. The change of business paradigms from a quantitative growth to a qualitative product is needed in this steel industry. In this environment, it is very important for domestic steel distribution companies to secure their competitiveness by selecting good supply companies through a efficient procurement strategy and effective method. This study tried to find out the success factors of steel distribution industry based on survey research from experts. Weighted values of each factors were found by using AHP (analytic hierarchy process) analysis. The weighted values were applied to DEA(data envelopment analysis) model and eventually the best steel supply company were selected. This paper used 29 domestic steel distribution firms for case example and 5 steps of decision process to select good vendors were suggested. This study used quality, price, delivery and finance as a selection criteria. Using this four criterions, nine variable were suggested. Which were product diversity, base price, discount, payment position, average delivery date, urgency order responsibility and financial condition. These variables were used as a output variable of DEA. Sales and facilities were used as an input variable. Pairwise comparison was conducted using these variables. The weighted value calculated by AHP pairwise comparison were used for DEA analysis. Through the analysis of DEA efficiency process, good DMU (decision making unit) were recommended as a steel supply company. The domestic case example was used to show the effectiveness of this study.

• Asia-Pacific Journal of Business
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• v.11 no.2
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• pp.27-43
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• 2020

Purpose - This study explores the impact of the real estate industry on related industries for the perspective of Chinese steel companies. Design/methodology/approach - The impact of housing prices on the 41 listed steel companies' performance was analyzed by using the panel data model. We used two kinds of housing price indexes that are set in the panel data models to estimate the range of the real estate market, driving the performance growth of steel listed companies. Moreover, the net profit of steel companies is used as the dependent variable. To test the stability of the model, ROA used as a dependent variable for the robustness test. Also, to avoid the time trend of housing prices, this paper selects the growth rate of housing prices as the primary research variable. After Fisher-type testings, there is no unit root problem in both independent and dependent variables. Findings - The results indicated that the rise in the housing price has a positive influence on the steel company performance. When the housing price increases by 1%, the net profit of steel enterprises will increase by 5 to 20 million yuan. Research implications or Originality - In this paper, empirical data at the micro-level and panel model are used to quantify China's real estate industry's driving effect on the iron and steel industry, providing evidence from the microdata level. It helps us to understand further the status and role of China's real estate industry in the economic structure.

• Proceedings of the KWS Conference
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• 2002.10a
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• pp.49-52
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• 2002

From virtually no steel production after the Koran war, steel industry in Korea had a phenomenal growth to reach crude steel production of 40 million tons level in 1997 and became the 6th largest steel producer in the world. The growth owes to steel technologies developed elsewhere over centuries and decisive management decisions to adopt new technologies as quickly as possible. Steel technologies are reviewed and brief overviews of welding research in Korea are presented.

• Proceedings of the Safety Management and Science Conference
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• 2009.11a
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• pp.209-221
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• 2009

In the steel industry, steel is manufactured and processed to produce a variety of steel products. The industry provides fundamental materials to the whole range of industries including car, ship, electric appliance and construction industries, so that it is very important as an infrastructure industry. The steel manufacture process involves aerial work, many danger factors caused by the treatment with hazardous gases including BFG and COG and by high pressure gases including H2, O2, N2 and LPG. It requires the management over the large area because many workers work in a plant. The potential dangers in the steel plant were identified and the effect of the danger assessment was verified through the analysis of the danger assessment for the steel plant. The allowed degree of danger was lowered after the improvement through the danger assessment in the plant where the case studies were conducted, which indicates that the danger assessment is highly effective.

• Journal of Construction Engineering and Project Management
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• v.3 no.2
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• pp.13-20
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• 2013

Construction industry has become a larger and highly competitive industry. A successful construction project cannot be achieved only by efficient and fast construction techniques but also reasonable material cost and adequate transferring time of materials to installation. The steel industry in East Asia has become the mainstream in overall steel industries in over the world during the middle of the 21st century. China, Japan and Korea has been the main exportation countries. However, even though the international economic failure, China has increased the exportation amount and became an only exporting country which must be considered a serious problem regarding competitiveness in the international steel exportation industry. Thus, this study analyses the factors affecting the supply and demand amount of reinforced bars in the domestic field and moreover suggesting a unit cost prediction model using the System Dynamics simulation methodology, one of powerful prediction tools using cause-effect relationships. It is expected that this study contributes to the domestic steel industry growth in competitiveness in the international industry. In addition, the methodology used in this paper presents the frameworks for appropriate tools for market trend analysis and prediction of other markets.

• Korean Management Science Review
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• v.20 no.2
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• pp.45-59
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• 2003

This study considers the local players in the European steel industry, whose the amounts of crude production are more or less 5 million tons per annum. They do not belong to the Pan-EU mega-group of steel mills with more than 15 million tons of crude production yearly. However, these mid-sized steel mills in European countries have been originated from the strong foundation of steel, scientifically and technically, as well as the centennial history. They concentrate on the niche market adjacent to the local area, which takes advantage of the geographical location. The companies considered here are VoestAlpine in Austria, Salzgitter in Germany, Rautaruukki in finland, and SSAB in Sweden. Their corporate strategies are compared on the basis of product mix and sales structure. And, the deep analysis for each company is performed, such as business strategies with the sales volumes, market strategies. competitiveness improvement planning. and R&D policies with the technology management. These analysis results can be benchmarked as the cases of best practices for domestic steel mills, especially mid & small sized companies, that develop business and market strategies for the sustainable growth and profitability.

• Journal of the Korean Operations Research and Management Science Society
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• v.34 no.4
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• pp.1-14
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• 2009

This study empirically tests post-M&A performance through competitiveness variables based on extensive firm-based panel data over the past 26 years in the world steel industry. Different measures of profitability, productivity, efficiency, market share, and growth rate which are considered as critical factors of competitiveness are used in the analysis. In particular, this paper tries to separate M&A samples into two cases; horizontal integration (between steel makers) and vertical integration (between steel makers and iron ore suppliers/steel consuming firms). Merged firms show significant improvement in competitiveness relative to other individual firms in the steel industry.

• Corrosion Science and Technology
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• v.9 no.6
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• pp.270-275
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• 2010

Technical issues of steel industry change along with other industrial progresses. Traditionally, steel protection from corrosion environment was the major issue and galvanic metal coatings were mainly used to extend the lifetime of steel products. Nowadays, requirements for steel have become more diversified. More various surface and material properties are required from different field of applications. Naturally, functional surface coating has become one of the most studied areas in steel industry. For functional surface coating, various process technologies and coating products are investigated. In this article, recent trends of functional coating technologies and products are introduced with brief technical descriptions of representative coating products.

• Journal of Radiation Industry
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• v.9 no.2
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• pp.77-84
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• 2015

The stainless steel mesh coated with poly(acrylic acid) hydrogel was fabricated and applied for the separation of water and oil. The stainless steel mesh was immersed in aqueous poly (acrylic acid) solution, and then irradiated by radiation to introduce poly(acrylic acid) hydrogel on the surface of mesh by crosslinking. It was possible to separate oil and water from mixtures of oil/water effectively using the hydrogel-coated mesh. The effect of irradiation dose, coating thickness, size of mesh on the separation efficiency was examined.