South Korean company Hankook Steel & Technology announced the signing of a contract worth 2.56 billion Korean won ($1.8 million) with South Korean shipbuilder Samsung Heavy Industries for the supply of stern castings used in shipbuilding, according to a disclosure published in the corporate database of the South Korean DART system.
The contract, which was signed on August 10, 2026 and will be valid until November 25, 2028, covers components for shipbuilding, including stern bosses and rudder hub castings, which will be delivered to Geogje, Yuzhny Province. Кенсан.
The contract represents 6.41% of Hankook Steel's sales in 2025 году
The 2.56 billion won ($1.81 million) contract represents approximately 6.41 percent of Hankook Steel & Technology's total sales revenue in 2025, which will be 39.87 billion won ($28.23 million). Compared to the company's 22.05 won in 2025, Samsung Heavy Industries' revenue from steel casting will be about $11.60 billion ($15.61 million), and the contract value with Samsung Heavy Industries will be approximately 11.60 percent.
Hankook Steel stated that details regarding the remaining supply agreements that have not yet been concluded will be announced after the relevant major contracts are signed.
There are no comments yet.