Established in 1981 as a company specializing in free metal forging, Taewoong, with steelmaking business as a new growth engine, has grown to a global steel company. It is equipped with a comprehensive production system covering from raw material production to forging and processing based on its accumulated technological power and experiences. Supplying products to toptier companies in Korea and abroad, Taewoong strives to create a “happy world through steel” by manufacturing clean steel products of all types, such as carbon steel, special alloy steel, and stainless steel, as well as forging items of excellent quality that are used in all key industrial sectors ranging from wind power generation to oil, gas, nuclear power, petrochemical plants, and industrial machinery.

[information]

Address

Head Office and Noksan Plan : 67, Noksansandan 27-ro, Gangseo-gu, Busan Metropolitan City, Korea (Songjeong-dong)

Tel

+82-51-329-5000

Fax

Website

http://www.taewoong.com/

Products

Free forging parts, steelmaking, iron plate

Certifications

ISO 9001, ISO 14001, ISO 45001, ABS, NK, BV, LR, World Class Product of Korea

Production Facilities

Press, refining furnace, heating furnace, heat treatment furnace

[History]

• 1981 Taewoong Forging Industries established
• 1989 Changed company name to Taewoong
• 2001 Completed Noksan Plant Opened office in Shanghai Listed stocks in KOSDAQ
• 2005 Won Gold Tower Order of Industrial Service Merit on the 42nd Trade Day
• 2009 Won 300-million-dollar Tower of Export
• 2017 Manufactured the world’s largest Ø1000 round bloom as the first in the world Selected as Strategic Industry Leader of Busan Metropolitan City
• 2018 Obtained highest level PSM implementation status assessment in the industry for steelmaking division
• 2019 Selected as 2019 Excellent Company in Employment by Busan Metropolitan City
• 2020 Won Green Management Award

[Business Overview and Key Products]

1) Steelmaking Shop
- Equipped with annual production capacity of 700,000 tons and high-tech facilities, manufacturing ingots and round
blooms
- Established the advanced round bloom line as the first in the world, capable of manufacturing round bloom with max
diameter of Ø1000
2) Forging Shop
- Obtained two World Class Product of Korea certifications
- Manufacturing main shaft, tower flange, and bearing parts for wind power generator
- Global renewable energy leader with 30% share in international wind power generator parts market

[Features and Strengths]

Capable of manufacturing ultra large-scale forging parts without limitation in product size using the max. 15000-ton
press and Φ9500 ring rolling facility, secured certifications applied to nuclear power generation, wind power generation,
shipbuilding, industrial machinery, petrochemical plant, and aerospace industries through branches located across the world

[Key Products]

• Ingot
• Round Bloom
• Wind Power Generator Parts
• Wind Power Generator Parts
• Wind Power Generator Parts
• Wind Power Generator Parts

[Production Facilities]

• Forging Facility (15000-ton)
• Steelmaking Facility EAF
• Forging Shop