Some success Stories have a inconspicuous start. Following the insolvency and closure of the HANBO STEEL PLANT (Dangjin, Korea) in 2004, Hyundai Steel stepped in and turned operations around in an unbelievable feat of engineering and logistical achievement.
“It was very cold and snowing in winter 2004 when Mr. Busch and I visited Hyundai Steel the first time in order to determine the current status of installed equipment and stored spare parts. Many lines had not been erected completely, so we had to look for the crates with our gauges. This was the first time, Mr. Sang-Pyo Kim (Hyundai Steel) and we met personally. A long partnership started, joint freezing and working welds together.” remembers Sang-Hoon Jin, General Manager, IMS Korea.
After very short time Hyundai started the production. With an unbelievable consequence Hyundai has enhanced its steel facility in Dangjin to one of the most modern locations of steel worldwide. Continuous improvement and optimization is Hyundai’s commitment. Therefore a new x-ray thickness gauge for its B-Hot Strip Mill was ordered from IMS. It replaced the last third-party gauge in this line. From then on all major gauges used in the hot rolling mill B were from IMS.