Hanbo Steel
Hanbo Steel is a former steel company in Korea, and it is a steel manufacturing company that disappeared into history when the former Hanbo Group, which rose to 14th place in the Korean business world, went bankrupt.
history
It was "Hanbo Steel Industry" established by Hanbo Group in 1980 by acquiring the Cheongju Steel Plant, and it acquired the steel division from Geumho Co., Ltd. in 1984 to start the steel industry in earnest, which the headquarters saw as the official foundation date in 1980 when Hanbo Steel Industry was established. In 1989, the two companies combined to establish a surviving corporation as Hanbo General Construction, and the name was changed to "Hanbo Steel Industry," and it was established as two construction-steel business headquarters.
In 1989, Asanman Bay Public Waters Reclamation work began, and in 1992, the first construction of Dangjin Steelworks began. On June 23, 1995, the first construction was completed.
On January 23, 1997, it was initially declared bankrupt at the same time as refusing to submit a memorandum of stock abandonment due to severe financial difficulties. However, as the entire country's economy collapsed due to bankruptcy, the aftermath is revealed to have pushed Korea's IMF crisis.
a chronological table
- 1957: Established with the beginning of cornerstone construction, which was a small-scale construction business
- 1979: Changed name to Hanbo General Construction after being acquired by Hanbo Group
- 1984: Acquisition and merger of the steel division of Geumho Co., Ltd. to enter the steel business
- December 1989: Investing 1.2 trillion won of Hanbo Steel, the construction of a 1 million pyeong steel mill site in Dangjin-gun, Chungcheongnam-do began.
- 1995: Transfer of construction division to Hanbo Co., Ltd.
- June 23, 1995: Completion of the first phase of construction of Dangjin Steelworks (3 million hot-rolled operations and 1 million steel rods)
- 1996: Transfer of Busan Steel & Steel Co., Ltd. to Hanbo
- After the bankruptcy of Hanbo Group on January 23, 1997: Dangjin Steelworks, the main steel mill, eventually began legal management as soon as Pohang Steel began its consignment operation.
- September 25, 2004: transferred to INI Steel, Hyundai Hisco, etc., and then went through an integration process to the current Hyundai Steel.[1]
- May 25, 2009: dissolution of the corporation
Watch it together
references
- ↑ "Sale of Hanbo is concluded after delays". korea JoongAng Daily. 24 September 2004. Retrieved 2004-09-24.
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