Hyundai Steel Partners with DNV to Enhance Competitiveness of Steel for Future Energy Applications

Establishing Certification Systems for Steel Used in Energy Transportation and Storage

Joint Development of Evaluation and Welding Technologies Reflecting Real-World Conditions

Expanding International Certification Infrastructure to Target the Global Energy Market

Hyundai Steel is partnering with DNV, a global classification and certification body, to verify the performance of steel for future energy transportation and storage, and to establish an international certification infrastructure.

Kwon Tae-woo, Executive Director and Head of Product Development Center at Hyundai Steel (left), and Moon Young-hwan, Head of Technology Development Support Department at DNV Korea Maritime, are posing for a commemorative photo after holding a business agreement ceremony on the establishment of certification systems for steel materials and welding technologies for future energy and joint technology development on the 10th at the Korean headquarters of DNV Classification Society Business Division in Busan. Hyundai Steel

On August 10, Hyundai Steel announced that it had signed a "business agreement for establishing certification systems and joint technology development of steel and welding technologies for future energy" with DNV at the DNV Korea Maritime headquarters in Busan.

Under the agreement, the two companies will jointly pursue the development of technology for performance evaluation and verification of steel used in future energy transportation and storage; the establishment of test and evaluation methods that reflect actual usage environments; the verification of weld reliability; and the expansion of certification systems in line with international standards.

Hyundai Steel will leverage its research infrastructure and capabilities in material development and evaluation to conduct testing and analysis of steel and welds. DNV will support the establishment of evaluation criteria and provide technical advice based on its expertise in international standards and certification.

Based on the results of their joint research, the two companies plan to standardize evaluation technologies for steel used in energy applications and expand the foundation for international certification. Hyundai Steel aims to secure technological competitiveness throughout the product development, performance evaluation, and certification processes, thereby enhancing its responsiveness in the global energy market.

A Hyundai Steel official stated, "Through our collaboration with DNV, we will improve the performance and reliability of steel required by the global energy market and secure technological competitiveness that meets international standards."

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