Hanil Iron & Steel Co., Ltd. announced that it has received KRW 7 billion in funding from Hanyang Securities Co. Ltd., Investment Arm, Susung Asset Management Co., Ltd., and other investors

HANIL IRON& STEEL CO., LTD is a Korea-based company mainly engaged in the manufacture and sale of steel products. The Company produces and wholesales iron plates such as hot rolled steels, thick plates and shape steels used for automobile parts, ship machineries, construction, boilers and others. It also involves in the processing of coils and shots. In addition, the Company is engaged in the steel pipes and marine transportation business through its affiliated companies. It distributes its steel products within domestic market and to overseas markets.