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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Hyundai Steel signs supply contract with GM Korea · Endata

◂ Announcements

Jun 17, 2025CONTRACTSouth Korea

Hyundai Steel signs supply contract with GM Korea

Hyundai Steel has entered a partnership with GM Korea to supply 100,000 tons of automotive-grade steel annually, valued at 110–180 billion KRW ($81–$132 million), replacing Chinese supplier Baoshan. The deal was formalized in 2021 and ramped up in 2024.

Value

$132.0M

Status

Completed

Capacity

100,000 tons per year

Productsautomotive-grade steelcold-rolled sheetshigh-strength steel

CompaniesGM Korea customer HYUNDAI STEEL supplier

Sectors#Automotive Components

“Hyundai Steel's recent entry into GM Korea's supply chain, replacing Chinese giant Baoshan Iron & Steel, marks a pivotal moment in this geopolitical realignment.”ainvest.com

1 source
ainvest.comHyundai Steel's GM Korea Partnership: A Geopolitical Supply Chain Shift with Global Implications | AInvestJulian CruzJun 17, 2025

Summarized from public sources; check the original articles before acting on it.

More from GM Korea

Jun 7, 2024CONTRACTSouth Korea$29.0M
Hands Corporation wins aluminum wheel order from GM Korea
Hands Corporation GM Korea customer marklines.com
Nov 17, 2023CONTRACTSouth Korea$46.0M
Hands Corporation signs KRW 60.3B aluminum wheel supply contract with GM Korea
Hands Corporation GM Korea customer newsis.com fnnews.com
Nov 15, 2023CONTRACTSouth Korea$142.5M
Hands Corporation signs $188.5B won aluminum wheel supply contract with GM Korea
Hands Corporation GM Korea customer dnews.co.kr bloter.net
Sep 2, 2020CONTRACTSouth Korea$33.0M
Hands Corporation signs KRW 38.7B aluminum wheel supply contract with GM Korea
Hands Corporation GM Korea customer snmnews.com
Jun 7, 2019CLOSUREGunsan, North Jeolla province, South Korea
GM Korea closes Gunsan Complex, suppliers shift to EV components
GM Korea gmauthority.com
Apr 7, 2019ACQUISITIONGunsan, North Jeolla Province, South Korea$99.3M
MS Autotech to buy closed GM Korea plant in Gunsan for EV contract manufacturing
MS Autotech acquirer GM Korea target koreatimes.co.kr

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