조선선재

Business Overview

Choensunjae, established through an internal split in 2010, specializes in manufacturing and selling welding materials. Despite a 23.6% decline in 2024 sales and a 17.9% drop in operating profit compared to the previous year, the company holds world-class technology in coated arc welding rods. However, it faces competition from emerging nations like China and maintains a technological gap in high-value special alloy markets, which it aims to close through ongoing R&D investments.