Kiswire Ltd. (002240.KS) KSC

Currency In KRW

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Kiswire Ltd.

Address

37, Gurak-ro 141beon-gil

Busan, BU 48212

Korea (the Republic of)

Phone

82 5 1760 1700

Sector

Basic Materials

Industry

Steel

Employees

754

First IPO Date

September 29, 2005

Key Executives

NameTitlePayYear Born
Young-Chul HongChief Executive Officer & Chairperson531M1948
Le-Moon LeeChief Executive Officer & Vice-Chairperson01952
Yong-Seok LimDirector of Marketing01964
In-Geun BaekVice President01956
Pyeong-Ryul ParkVice President of Technology Development Institute & Director01961
Tae-Joon LeePresident of Management Support Division & Director01952
Cheon-Geun LeeVice President of Audit Officer & Director01951
Joo-Cheol LeeMD of Management Division & Director01962
Sung-Chul LeeMD of Production 2 Division & Director01961
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Description

Kiswire Ltd. operates worldwide as a prominent manufacturer and distributor of steel wire products, offering an extensive portfolio that addresses a broad spectrum of industrial and specialized applications. Its offerings include high-performance wires such as oil-tempered varieties, crucial for demanding springs found in engine valves, clutches, automotive suspensions, industrial machinery, and garage doors, also supplying components such as spring torsion bars, screens, hoods, and mining-related wires. They also provide flat and shaped wires for precision components like die, wave, regulator, and seat return springs, as well as snap and piston rings. For general-purpose spring manufacturing, Kiswire produces hard-drawn steel wires, alongside specialized music wires for instruments like pianos and guitars, and fine-gauge piano wires for springs in precision machinery, electronics, and automobiles. Additionally, "silk wires" are provided for intricate uses such as automotive oil seals, precise mechanical parts, electrical appliances, and ballpoint pens. In the automotive sector, Kiswire supplies bead wires and steel cords essential for tire production, along with hose wires and saw wires for cutting applications. A significant portion of its business focuses on infrastructure and construction. This includes galvanized PC (pre-stressed concrete) wires and strands vital for cable-stayed bridges, and galvanized wires for suspension bridges and power transmission lines. A wide range of PC wires and strands are designed for general industrial use, bridges, buildings, anchors, railway sleepers, panels, and concrete pipes. Unbonded PC wires and strands further cater to specialized civil engineering projects like earth and rock anchors, PC bridges, retaining walls, dams, and building slabs. Kiswire's product line also encompasses a comprehensive selection of wire ropes, such as cross and parallel laid, compacted/swaged, non-rotating, elevator, and suspension bridge wire ropes, in addition to proprietary products like Hyrope, Neptune & N2 Hyrope, Alumar, control cable, micro cable, and GAC products. Beyond traditional steel, the company is at the forefront of superconductive technologies. This includes superconductive and superconductive composite wires, superconductive precursors, and chromium (Cr) coatings, serving advanced fields such as energy environment, biomedical, aerospace, and transportation. Furthermore, Kiswire manufactures superconductive magnets for biomedical and fundamental science applications, alongside superconductive acceleration modules and measuring instruments. Established in 1945, Kiswire Ltd. maintains its headquarters in Busan, South Korea.

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