Youngwire Co. Ltd. (012160)

Overview

Youngwire Co., Ltd., originally known as Young Heung Iron & Steel Co., Ltd., was established in 1977. Its headquarters are situated in Boryeong-si, South Korea. The company specializes in manufacturing and selling a diverse range of wire rope products. Over the years, Youngwire Co., Ltd. has expanded its market reach, exporting products to the United States, Europe, Asia, and other international locations. In addition to its core product offerings, the company also engages in providing port and inland logistic services, further broadening its operational scope.

Products and Services

• Wire Rope Products:

  Youngwire offers a variety of wire ropes, including general, paralleled, non-rotating, and compact wire ropes. Each type serves specific applications, from general lifting to specialized tasks that require non-rotating properties to prevent untwisting under load. The company also produces swaged, cable laid, and EV and IP ropes, catering to a wide range of industrial requirements.

• Steel Wires:

  The company manufactures steel wires designed for beds, springs, and rolling products, highlighting the versatility of its product range in catering to both domestic and industrial needs.

• Control Cables:

  Control cables from Youngwire are used for machinery operations and in automobile systems, showcasing the company's contribution to the manufacturing and automotive sectors.

• PC Strands:

  Youngwire produces PC strands used in critical infrastructure such as nuclear power plants, railroad ties, bridges, piers, and elevated roads, emphasizing the company's role in supporting large-scale constructions and engineering projects.

• X-Bon Products:

  X-Bon products by Youngwire find their application in reinforcing concrete electric poles and piles, building columns, and various other structural components, offering enhanced strength and durability.

• CD Bars:

  CD bars from Youngwire are utilized in a variety of applications such as OA and optical instruments, automotive and machinery parts, and as components for bolts, wrenches, tools, and springs, highlighting the company's diverse manufacturing capabilities.

• IT Wires:

  IT wires produced by Youngwire are specifically used for automobile suspension coil springs, pointing towards the company’s specialization in high-quality automotive components.

• Logistic Services:

  Beyond manufacturing, Youngwire Co., Ltd. offers port and inland logistic services, providing comprehensive logistics solutions to support the delivery and distribution of its products globally.