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South Korea-based Hankook Steel & Technology signed a KRW 2.56 billion ($1.8 million) contract with Samsung Heavy Industries to supply stern castings for shipbuilding. The contract was signed on August 10, 2026, and runs until November 25, 2028.
“The contract, which was signed on August 10, 2026, and will remain in effect until November 25, 2028, covers shipbuilding components including stern bosses and rudder hub castings.”steelorbis.com
Summarized from public sources; check the original articles before acting on it.