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DONGKUK STEEL MILL CO.,LTD. (001230)   STOCK
 
Address UNION STEEL BLDG., 890, DAECHI 4-DONG, SEOUL
Home Page www.dongkuk.co.kr
Established 1954. 7. 7 Tel 02-317-1114
Listed 1988. 5. 9 IR 02-317-1177
Common shares O/S 61,824,290 President Jang,Se Ju/Kim,Yeong Cheol
Preferred shares O/S No.of Employees 1,852(2009. 9)
Sales decreased from the preceding year as demand for thick steel plates for shipbuilding and building construction declined and their selling prices also declined. Operating loss is posted as sales decreased due to the economic recession and selling prices were lowered before inventory of high-priced imported materials was exhausted. Overseas subsidiary Ceara Steel S.A. was liquidated as gas suppliers raised prices excessively while the international energy environment has changed drastically.
Sales will increase as steed demand and selling prices will rise and new thick plate mill in Dangjin will start operation while the economy will recover in the latter half. Profit growth will be limited with depreciation expenses of the newly built mill though selling prices will rise while slab prices will decline. Loss from equity investment will decrease as performance will improve while borrowings will be repaid by subsidiary Union Steel with proceeds from sale of its land.
(date: 2009.06, unit : %)
Name Jang Seju JFE STEEL CORP. Jang Seuk
Portion 15.2 14.8 10.2
(unit : %)
Sales Thick Plate 50.9 Cost Raw Materials
Steel Bar 46.5 Labors
Others 2.4 Overhead
(Unit : 100Mn.Won,Won)
Year 99. 1 99. 7 99. 9 99.11 00. 4
Type BI RI RI RI SD
Amount 351.00  1,000.00  1,000.00  140.00  183.05