Since we established Sverdrup Steel Late November 2017. Had our first customer delivery from the Korean stock in March 2018. Our Sverdrup Steel K-Team has not looked back. The frantic pace of the early days of the startup has just continued. Already this year Sverdrup Steel has invoiced more in 2019 than what we did  throughout 2018.

When setting up Sverdrup Steel Korea we promised to deliver a wide stock range with high volumes for our range of alloys. To uphold the level of service, quality, reliability and delivery performance that our customers has come to expect from the Sverdrup Steel group.

The reception of customers and turnover generated in such a short time really speaks for itself and is a testimony to Min-Young and his team. It is the proof that they have succeeded.

The 2500m2 stock is bursting at the seams with material. Even with a high turnover ratio.

We are very happy to be able to conclude given the results in hand with the following; that the very optimistic strategy and goals we set for Korea is being met.

In addition to the plate stock, we have added a coil stock. This means that we are now able to deliver cut to length plates enabling us to provide the same service in South East Asia. As we do for our European customers from Burg.

Off course with the kind of growth, Sverdrup Steel Korea is achieving. Our Korean branch now have more employees than what was the case when we last gave you an update in April 2018. At that time, the team consisted of three members. Today Min-Young is managing a squad of eight, as presented in the featured picture of this article.

From left:

  1. Tea-Hyun Su
  2. Shin-Gi Jung
  3. Hyun-O Choi
  4. Seong-Min Lee
  5. Seo-Young Kang
  6. Seong-In Han
  7. Jae-Hwa Jang
  8. Min-Young Jung

If you are attending the KorMarine Conference exhibition from the 22nd until the 25th of October you will have the opportunity to meet representatives from both the Korean and Norwegian Sverdrup Steel.

We look forward to seeing the entire K-Team in October when it is time for the whole Sverdrup family to unit at our annual Sverdrup Steel group seminar.