Hyundai Steel, KR7004020004

Hyundai Steel launches H ONE. Hanwha keeps KRW 43,000 target for Hyundai Steel stock

Published on 10/14/2026 at 06:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hyundai Steel stock enters high-value construction with 130 BH specifications under H ONE. Q2 revenue rose 2.70 percent to KRW 6.11 trillion.

Steel strategy and earnings

On October 12, 2026, Hyundai Steel introduced H ONE for rolled and welded H-beams.
The brand includes 130 core built-up H-beam specifications.
Hanwha kept a Buy rating and a KRW 43,000 target on October 6, 2026.

Hyundai Steel, KR7004020004, Illustration mit AI erstellt.

Hyundai Steel (KR7004020004) launched H ONE on October 12, 2026, combining rolled and built-up H-beams for high-value construction projects. On October 6, 2026, Hanwha Investment & Securities kept its Buy rating and KRW 43,000 target, according to Edaily.

Hyundai Steel's recent milestones

On August 3, 2026, Hyundai Steel announced second-quarter results, with revenue of KRW 6.11 trillion and operating profit of KRW 57.70 billion, according to ATS View and the company's investor-relations calendar. Revenue increased 2.70 percent year over year, while operating profit was below the KRW 102.00 billion recorded in the second quarter of 2025.

On October 6, 2026, Hanwha projected third-quarter revenue of KRW 5.638 trillion and operating profit of KRW 64.90 billion, versus a KRW 116.00 billion consensus estimate, according to Edaily. The forecast points to a gradual recovery rather than a sharp earnings rebound.

What does H ONE add?

On October 12, 2026, Hyundai Steel said H ONE would combine RH and BH products for artificial intelligence data centers, semiconductor fabs, high-rise buildings and logistics centers. The brand covers 130 core BH specifications and supports project reviews from structural design through delivery, according to Seoul Economic Daily.

The same report said Hyundai Steel had won steel orders for seven data center projects after creating a dedicated power-infrastructure unit earlier in 2026. That gives the H ONE launch an operating foothold beyond a branding exercise, although the reported second-quarter operating margin was only 0.90 percent.

KRX price and valuation context

Hyundai Steel was trading at KRW 28,550 on the Korea Exchange on October 14, 2026 at 1:26 p.m. KST. Its market capitalization was KRW 3.8 trillion, while the 52-week range stood at KRW 23,650 to KRW 50,400 on the same date.

The company's second-quarter revenue growth contrasts with the 43.30 percent year-over-year decline in operating profit reported for that period. For investors, the central question is whether H ONE can convert data-center and semiconductor-fab demand into higher-margin orders as the company works through weaker steel volumes.