Dongil Steel Co., Ltd. announced that it has received KRW 10 billion in funding from KB Securities Co., Ltd., Korea Investment & Securities Co., Ltd., Investment Arm, SUSUNG ASSET MANAGEMENT Co., Ltd., Ace Susung New Technology Fund 15, Mirae Asset Daewoo Co., Ltd., Investment Arm
March 24, 2022
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On March 25, 2022, Dongil Steel Co., Ltd. closed the transaction.
DONGIL STEEL Co., Ltd. is a Korea-based company mainly engaged in the manufacture of steel products. The Company operates its business through two main divisions: bar steels division and shape steels division. Its bar steels division engages in the manufacture of bar steels such as cold drawn steel round bars, hot rolled steel round bars, cold drawn steel square bars, cold drawn steel hexagonal bars and cold drawn steel rectangular bars used for automobile parts, machine parts, building materials, shipbuilding hardware, bolt-nuts and various shafts. Its shape steels division engages in the manufacture of shape steels, such as equal angles, unequal angles and channels used for shipbuilding, iron towers, braces, struts, bending materials and others. The Company distributes its products within domestic market and to overseas markets.
Dongil Steel Co., Ltd. announced that it has received KRW 10 billion in funding from KB Securities Co., Ltd., Korea Investment & Securities Co., Ltd., Investment Arm, SUSUNG ASSET MANAGEMENT Co., Ltd., Ace Susung New Technology Fund 15, Mirae Asset Daewoo Co., Ltd., Investment Arm