Shin Steel
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Shin Steel takes flat steel coils, including colour-coated steel sheet, and cuts or trims them to the exact sizes and shapes that customers need, a service known as a Steel Service Center (SSC).
It supplies processed steel sheet primarily to home-appliance manufacturers, including Korean and Japanese brands operating in Thailand and Mexico as well as domestic buyers. Listed on KOSDAQ, Korea's small-cap board, the company operates through five affiliated entities, domestic processing subsidiaries and overseas SSC operations in Thailand and Mexico, giving it production bases across multiple regions.
Summary is AI-generated and may contain errors · figures from DART filings
Its affiliated companies include Shin Steel Thailand, Shin Steel Mexico, Shin Steel SC, Shin Steel Dangjin SC, and a real-estate subsidiary, Shin Developer.
Shin Steel in five facts
What does Shin Steel do?
Shin Steel takes flat steel coils, including colour-coated steel sheet, and cuts or trims them to the exact sizes and shapes that customers need, a service known as a Steel Service Center (SSC).
Where is Shin Steel listed and in which sector?
Shin Steel (Korean name: 신스틸) trades under KRX code 162300 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Materials sector, Steel.
How large is Shin Steel?
Its market capitalisation was US$63.9M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Shin Steel's latest annual revenue and operating profit?
For fiscal year 2025, Shin Steel reported revenue of US$265.8M, operating profit of US$2.3M and net income of US$1M, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was down 8.9% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- Rights offering (paid-in capital increase) decision (subsidiary)
Shin Steel Co., Ltd. disclosed that its Mexican subsidiary, SHIN STEEL MEXICO S.A. DE C.V., will issue 2,087,700 new common shares via a rights offering to convert a USD 12,000,000 shareholder loan from Shin Steel into equity (debt repayment funds of US$12.1M), with the new-share allotment, payment, and board resolution all recorded as July 24, 2026 in Korea due to the time difference from the subsidiary's July 23, 2026 Mexican shareholders' meeting.
Capital raise · Jul 24 - Decision to acquire shares/equity in another company
Shin Steel disclosed an acquisition of SHIN STEEL MEXICO S.A. DE C.V, worth US$12.1M.
M&A · Jul 23 - Early redemption of convertible bonds (incl. overseas CBs)Capital raise · Apr 30
- Cash/in-kind dividend decision
Shin Steel declared a cash dividend of US$0.01 per share, equal to about 1.2% of the recent share price.
Dividend · Mar 9 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Shin Steel reported consolidated results for FY2025: revenue of US$244M (−8.9% year on year), operating profit of US$2.11M (−70.9% year on year) and net income of US$927K (−79.5% year on year).
Earnings · Feb 13 - Early redemption of convertible bonds (incl. overseas CBs)Capital raise · Feb 2