Solutions for Oil & Gas Leading the New Era of Steel Hyundai Motor Group 6 Business Groups CORPORATE HISTORY AUTOMOBILE • Automobile • Construction STEEL • Parts (Machinery) • Steel • Logistics • Finance CONSTRUCTION Heavy Plate for Offshore Plant − Low Temp. Heavy Thickness TMCP Chairman Chung Mong-Koo, making Signing of contract for Blast Furnace Chairman Chung Mong-Koo, Began operation of Blast Furnace Volume keynote presentation to celebrate engineering and core facilities in firing Blast Furnace No.1 in 2010. No.3 at Dangjin Integrated − CTOD Guaranteed -40˚C incorporation of Hyundai Steel into 2007. Steelworks in 2013. − Corrosion Resistance • Sales of USD 250 billion Hyundai Motor Group in 2001. • 57 Affiliates • 150,000 Employees 1953. 06 Established as Korea Heavy Industry Corporation 2006. 09 Held opening ceremony for Dangjin plant’s new PARTS 1962. 11 Renamed to Incheon Heavy Industry Company, Ltd. 50,000-tonne port 1964. 09 Established Incheon Iron and Steel Company 2006. 10 Held ground-breaking ceremony for Integrated Steelworks Applications 1970. 04 Merged with Incheon Heavy Industry Company, Ltd. 2009. 08 First arrival of raw materials for Integrated Steelworks 1978. 06 Incorporated into Hyundai Group 2009. 11 Began operation of coke, sintering, and heavy plate mills • Automotive 1987. 05 Undertook initial public offering (IPO) at Integrated Steelworks • Building 1994. 12 Completed 90-tonne electric arc furnace mill and second 2010. 01 Operation of Blast Furnace No.1 • Shipbuilding reinforcing bar mill 2010. 04 Completed Integrated Steelworks FINANCE • Onshore Energy 1998. 03 Completed 120-tonne electric arc furnace mill and new 2010. 11 Operation of Blast Furnace No.2 • Offshore Energy mid-sized rolling mill 2011. 04 Celerbrated the ground-breaking ceremony for Blast Furnace • Wind Power 2000. 03 Merged with Kangwon Industries, Ltd. No.3 at Dangjin Integrated Steelworks • Pipeline 2000. 12 Acquired Sammi Steel Company, Ltd. 2012. 11 Obtained Green Management System certificate for 2001. 04 Incorporated into Hyundai Motor Group Dangjin Integrated Steelworks OTHERS 2001. 07 Renamed to INI Steel 2013. 09 Operation of Blast Furnace No.3 2004. 10 Acquired Hanbo Iron & Steel’s Dangjin plant 2013. 12 Merged with Hyundai Hysco’s Cold-Rolled Coil Division 2006. 03 Renamed to Hyundai Steel Company Pipelines for Onshore and Offshore − Sour Service (HIC/SSCC Resistance) − Wear Resistance Hyundai Steel GLOBAL NETWORK − Low Temp. Toughness Global Top 10 Hyundai Steel: From a Comprehensive Steel Company to a Major Global Player Incheon Works We have now finished the creation of a steel production system with a total annual Dangjin Pohang Qingdao Integrated Works capacity of twelve million tonnes at our Dangjin Integrated Steelworks. The system Factory Steelworks consisting of a third blast furnace that adds to the operations of our first and Suncheon second ones, allows us to optimize the efficiency of all our facilities giving us a No.1 Works total crude steel production capacity of twenty-four million tonnes when added to the output of our electric arc furnaces. This makes us one of the world’s top ten A Broader Product comprehensive steel makers. Our over riding goal is to become a world-class steel Portfolio company by generating synergies between our integrated steelworks and electric arc furnace business. Balanced Rolled Shape for Offshore Structure Growth − Low Temperature Service − High Strength/Heavy Thickness Electric − Weldability Blast arc Furnace Furnace Our Business Supply Solution for Oil & Gas Track Record Highlights Commercial Offshore Pipe (Line Pipe, OCTG) Pressure Vessel Shipbuilding Under Development Temperature Strength TS (ksi) Shipbuilding Offshore Structure API Pressure Vessel Blast Furnace Electric arc Furnace SEMI DRILLING RIGS DRILLSHIPS JACK-UP RIGS 6-100 mm 9-100 mm 5-75 mm YS 6-60 mm 2.5-25 mm 6-100 mm Exploration (ksi) Heavy Plate Rolled Shape Heavy Plate Hot-Rolled Coil A RT 100 API-X100M (Q4 ’14) Iron Ore Scrap Steel B, AH32/36/40/47 17,300 tonnes (2011-2013) 1,461,000 tonnes (2011-2013) 230,000 tonnes (2011-2013) 2,155,000 tonnes (2011-2013) FLOATING PRODUCTION FIXED PLATFORM 0˚C 90 OFFSHORE (FPSO, TLP, Semi-FPU) AH32 (COT)~35t (Q4 ’14) Industry-Leading Product Portfolio Production Core • Low Temp. Heavy Thickness • Anti-Sour/Wear resistance • High Strength • Low Temp. Being equipped with both blast and electric arc furnace production facilities Technology TMCP • Low Temp. toughness • Heat Treatment • Heavy Thickness has allowed Hyundai Steel to build an industry-leading product portfolio, Heavy Plate for Offshore Plant D, DH32/36/40/47 S355G1/G4/G11/G12 -20˚C 80 API-X80M A387-11-C2 (Q2 ’14) • CTOD Guarantee -40˚C • Seamless • Low Temp. toughness • Crack Arrestability generate synergies, and achieve healthy and balanced growth. We are evolving into one of the world’s leading comprehensive steel • Corrosion Resistance • Anti-Sour − Low Temp. Heavy Thickness TMCP A516-70 A387-12-C2 (Q2 ’14) companies, creating a brighter future for people everywhere − CTOD Guaranteed -40˚C Automotive Hyundai Steel through the unlimited possibilities of steel. Automotive API-X70 API-X70MS (Q2 ’14) A516-70S-N A537-C1 A283-C Grade API-2H-50, API-2W-50 API-5L B, API-X42~46, API-X60, A515, A516, A516-N, A/B/D/E, AH32, AH36, DH32, Steel Sheets (Hot Rolling Mill) Recycling Center H Sections 70 API-X70MS − Corrosion Resistance (Scrap Steel API-X70M API-X70 API-N80 A537-C2 EN-P355NL2 API-X65, API-X70, P110, J55 A516-S-N DH36, EH32, EH36 Offshore Construction Recycling) Transportation TERMINALS SHIPPING Structure API-X65 SB410(KS/JS) A387-11-C1 API-X60 API-X65M Key Hyundai Heavy Industry, DSME, TMK IPSCO, Welspun, Tenaris, Major EPCs Hyundai Heavy Industry, DSME, Receiving API-X60 API-X65 (Q2 ’14) Hyundai Steel Railways Ships API-X60M API-X65MO Hyundai Motor 60 Clients Samsung Heavy Industry, EPC EEW, MAN Samsung Heavy (Cold Rolling Mill) Automobiles EN-S460G2+M EN-S355G 10+M API-X60MS API-X65MS A516-60/65 A387-12-C1 and Kia Motors API-X60MS API-X56MS S420 (G3, G4) (Q4 ’14) A516-60S/65S-N (Q2 ’14) (Automobile E, EH32/36/40/47 EN-S420G2+M NORSOK Y20/25 -40˚C Assembly) S460 (G3, G4) (Q1 ’16) API-X56 API-J55 NORSOK Y30/35/40/45 API 2H-50Z 55 API-X56 API-X56M A516-55 A285-C Track Shoe K55 Completed a Resources Recycling Business System POWER PLANTS PETROCHEMICAL REFINING PLANTS API 2W-50Z/60Z EN-S500G2+M (Q4 ’14) Project References Steel Plates for Ships, Assemblies Refining API-X52M Korea’s largest scrap steel recycler: Handled 10.16 million PLANTS API-X52 and Oil and Gas 50 API-X52 API-X52N tonnes in 2013, representing 30.7% of the nation’s total API-X52MS API-X52MS HEAVY PLATE ONSHORE 45 API-X46 API-X46 Project GARAGOL-DENIZ WEST PB-LITORAL-A PLATFORM SOUTH PARS GAS FIELD KEYSTONE XL PIPELINE OFFSHORE PLATFORM Rail for Structural ELECTRICITY PETROCHEMICAL VEHICLES API-5LB API-X42 Steel Railroads Steel Casting Products for Ship Parts Customer PRODUCTS 40 API-5L BM API-X42M API-5L B API-X42 API-5L BN Customer FH32/36~80t A/D/E/F420 (Q3 ’14) -60˚C LT-FH32/36 API-5L BMS (Q2 ’14) X42MS Product EN-S355G7/G8+M A572-50, API-2H-50, A516-65S-N API-X65MS-L2 EN-S420G2+M API-2W-50 (CTOD) API-X52MS Locatioin/ TURKMENISTAN MEXICO IRAN USA Dangjin Integrated Steelworks Suncheon Works Health & Safety Technical Services Year 2013-2015 2012-2015 1998- 2013- Pipelines for Onshore and Offshore Supply Heavy Thickness Reliability Sour Service Capability Low Temperature Application − Sour Service (HIC/SSCC Resistance) Hyundai Steel ensures that health and safety of its employees, contractors and neighbouring communities ROLLED SHAPE − Wear Resistance Sources Activities Safety Training Center Project GORGON CHAYVO OPF MOHONORD TLP HEJRE PLATFORM − Low Temp. Toughness 1. Safety Rainbow Campaign In addition to its various safety training programs, Hyundai Steel has safety training centers at its Incheon, Pohang and Dangjin Works in order Day Flag (color) Slogan Daily Check Points to more effectively educate employees on safety issues. Equipped with Customer diverse safety devices and accident simulation programs, these centers Mon Red No more Quickly Quickly! All rotating machines are accessible to both our employees and visitors and provide effective, hands-on education programs. Tue Orange Thoroughly clean up after you finish! Silging work Product SM490YB A572 G50 SM490YB S355G11+M, S355J2 Korea’s first privately-invested blast furnace mill The world’s largest production capacity of 1.2 Wed Yellow Don’t be complacent in your skills! Work stand clean-up Health Management • Ultrasonic Test • Sour Service • CTOD • DWTT and a major growth engine for the steel industry million tonnes - HIC (Hydrogen Induced Cracking) Test Thu Green Beginner starts with safety training! Trucks/vehicle driving Hyundai Steel is committed to creating a safe and healthy workplace for • Steel for Onshore/Offshore Plant • Offshore Structure and API • High Strength API Linepipe Locatioin/ AUSTRALIA RUSSIA ANGOLA NORTH SEA Products Products all of its employees. Each plant has an infirmary and a fitness room to (NACE Standard TM0284) Hot-rolled Coil, Cold-rolled Coil, Heavy Plate, Cold-rolled Coil, Hot-dipped Galvanized Steel Sheet, Binding machines/ • Requirements • Requirements Year 2010-2012 2010-2011 2010-2011 2013- Fri Blue You are your own guard for safety check! promote a healthy lifestyle for our employees. In addition, we subsidize - SSCC (Sulfide Stress Corrosion Cracking) Test Reinforcing Bar Electrolytic Galvanized Steel Sheet, Pre-coated Steel Sheet pushers - Low Temp. (-40˚C)/High Strength/ - Low Temp./High Strength various health expenses as well as provide regular health check-ups and (NACE Standard TM0177) Safety scaffolding/ Heavy Thickness - Resistance of Brittle Fracture Sat Indigo Install safety facility before others! medical subsidies to promote the health of our employees as well as handrail poles - HAZ Section (Low Temp.) their family members.