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Dongbu Steel

Index Dongbu Steel

Dongbu Steel (DBS, Hangul:동부제철;,, is a South Korean multinational corporation that produces steel-related and cold-rolled products. It is part of the Korea Development Bank. In 2013, the Korea Development Bank attempted to restructure the Dongbu Group, but its attempts resulting in slumping business. Dongbu Steel reached an agreement with creditors to undergo a debt workout program. Creditors tried to support Dongbu Steel with a variety of measures such as 600 billion won in support. The creditors then attempted to sell Dongbu Steel, but had trouble finding bidders. Dongbu Steel then sold off an electric furnace used for steel production. In May 2016, Dongbu Steel was taken off sale. [1]

9 relations: Chief executive officer, Hangul, Korea Development Bank, Multinational corporation, Public company, Seoul, South Korea, Steel, United States dollar.

Chief executive officer

Chief executive officer (CEO) is the position of the most senior corporate officer, executive, administrator, or other leader in charge of managing an organization especially an independent legal entity such as a company or nonprofit institution.

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Hangul

The Korean alphabet, known as Hangul (from Korean hangeul 한글), has been used to write the Korean language since its creation in the 15th century by Sejong the Great.

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Korea Development Bank

No description.

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Multinational corporation

A multinational corporation (MNC) or worldwide enterprise is a corporate organization that owns or controls production of goods or services in at least one country other than its home country.

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Public company

A public company, publicly traded company, publicly held company, publicly listed company, or public corporation is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets.

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Seoul

Seoul (like soul; 서울), officially the Seoul Special Metropolitan City – is the capital, Constitutional Court of Korea and largest metropolis of South Korea.

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South Korea

South Korea, officially the Republic of Korea (대한민국; Hanja: 大韓民國; Daehan Minguk,; lit. "The Great Country of the Han People"), is a country in East Asia, constituting the southern part of the Korean Peninsula and lying east to the Asian mainland.

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Steel

Steel is an alloy of iron and carbon and other elements.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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References

[1] https://en.wikipedia.org/wiki/Dongbu_Steel

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