DSR Wire

What DSR Wire does

DSR Wire is a South Korea-based industrial manufacturer of wire ropes, synthetic fiber ropes, stainless steel wire, spring wire, and automotive inner cables, operating through a dual-listed public corporate group consisting of DSR Corp (KOSPI: 155660) and DSR Wire Corp (KOSPI: 069730), collectively marketed as DSR FAMILY. The group traces its origins to a 1940s maritime supplies store in Mokpo and was officially incorporated as Daesung Wire Works in 1965; it operates 1,200+ employees globally across production facilities in Korea (Busan, Gwangyang, Suncheon, Hwaseong), Vietnam (Ho Chi Minh City and Dong Nai), and China (Qingdao), plus sales offices in the USA, Japan, and Germany. The product portfolio spans five core categories: fiber rope (SuperMax, SuperDan, SuperFlex, OceanMax, ASB), wire rope (PowerTech and PowerAct series), inner cables (window regulator and control cables), slings/webbing, and stainless and carbon steel wire (SPLEX, HILEX, oil tempered wire), with a digital mooring line management service (DSR WINZ) launched in 2021.

The company derives revenue primarily from B2B hardware sales of industrial rope and wire products to enterprise customers in crane operations, marine/mooring, mining, heavy lifting, automotive, aquaculture, and commercial fishing sectors, with no publicly disclosed pricing and quote-based custom configuration. Go-to-market is sales-led with direct enterprise engagement through regional sales subsidiaries and configurable product ordering via the corporate website. Technical differentiation rests on three dedicated R&D centers (Fiber Research Lab, Stainless Steel Research Lab, High Carbon Research Lab) developing proprietary metallocene catalyst polymerization for synthetic fiber ropes and ultra-high-strength wire rope for automotive springs, supported by an extensive certification stack (ISO 9001, ISO 14001, ISO 45001, IATF 16949, ISO 13485, API, LLOYD'S, KR, JIS, KS). The customer base includes Hyundai Mipo Dockyard and global mining, marine, and crane operators, with a stated strategic vision to expand into 100 countries.

Name

DSR Wire

Legal name

DSR(주) 및 DSR제강(주)

Website

https://dsr.com

Company type

Public

Founded year

1965

Operating status

Operating

Headcount range

51–100 employees

Short description

DSR Wire is a South Korea-based industrial manufacturer of wire ropes, synthetic fiber ropes, stainless steel wire, and automotive inner cables, operating globally across Korea, Vietnam, China, USA, Japan, and Germany through a dual-listed public corporate group.

Ownership category

akta.pro rank

Product category

Industrial Wire Rope and Wire Manufacturing

NAICS

Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills (314994), Spring and Wire Product Manufacturing (3326), Other Fabricated Wire Product Manufacturing (332618)

SIC

Steel Pipe & Tubes (3317)

akta.pro primary industry

Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable) (IMAGAEAC)

akta.pro secondary industry

Hazardous-Location, Marine & Harsh-Environment Cable (IMADAMAO)

Keywords

• Industrial wire rope
• Synthetic fiber rope
• Stainless steel wire
• Lifting sling products
• Automotive inner cable

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices15 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Operations, Personnel, Marketing or Sales

Revenue model

1. Wire Rope Manufacturing: DSR manufactures and sells industrial wire ropes including PowerTech series (35SC, 6S, 6, 8S Plus, 8S, 8, 29SI, 35), PowerAct series (4, 17DS-S, 17DS, 27DP, 9S, 22DP), and specialty ropes for crane, mooring, heavy lifting, mining, and utility applications.
2. Synthetic Fiber Rope Manufacturing: Production and sale of synthetic fiber ropes including SuperMax, NEW SuperTec, SuperFlex, NEW D-Flex, SuperDan, DanTec, PMP, OceanMax, SPM (Single Point Mooring), Double Braid Rope, ASB (Anti Snap Back) Rope, and mussel hanging products.
3. Stainless Steel Wire Manufacturing: Produces stainless steel wire products including spring wire (304, 302, FortiNox 200, 631J1, 304 NI-BAT, 304 Ni-Co), cold heading wire (304HC, 316LCU, XM-7/302HQ, 430, 304J3, 304CU, S31803/DUPLEX 2205), and specialty grades (304, 316, 316L, 420J2, 204CU, 410, 434A, SUS304N1, 303, 303F, 303CU, 420F, 304F).
4. Stainless Steel Wire Rope: Stainless steel wire rope products for marine, offshore, and industrial applications.
5. Sling and Webbing Products: Super Sling, SuperMax Round Sling, SuperWeb products for lifting applications.
6. Inner Cable / Control Cable: Window regulator cable and control/push-pull cable products primarily for automotive applications.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

DSR Wire manufactures and sells industrial wire ropes (PowerTech and PowerAct series), synthetic fiber ropes (SuperMax, SuperFlex, SuperDan, OceanMax, New SuperTec, ASB), stainless steel wire and wire rope, lifting slings and webbing (Super Sling, SuperMax Round Sling, SuperWeb), and automotive inner cables (window regulator cables, control/push-pull cables). The company serves industrial B2B customers across construction/cranes, marine/mooring, mining, automotive, aquaculture, and commercial fishing with custom-configured products and global distribution through its own sales subsidiaries.

Product overview

DSR Wire operates as a comprehensive wire and rope solutions provider with two main entities: DSR Corp (specializing in fiber ropes, stainless steel wire, and webbing slings) and DSR Wire Corp (specializing in steel wire ropes and carbon steel wires). The product portfolio spans five core categories: Fiber Rope (including SUPERMAX, SUPERFLEX, SuperDan, OceanMax, and ASB product lines), Wire Rope (including PowerTech and PowerAct series), Inner Cables (window regulator and control cables), Slings/Webbing (Super Sling, SuperMax Round Sling), and Stainless/Carbon Steel Wire (SPLEX, HILEX, galvanized wire, oil tempered wire, induction wire). The company also offers digital services through DSR WINZ, a mooring line management system. Products serve diverse markets including crane, heavy lifting, mining, marine/mooring, automotive, aquaculture, commercial fishing, and general industrial use.

Differentiator

Problem solved

Functional benefit

Brands

• SUPERMAX: Super synthetic fiber rope product line
• SUPERFLEX
• SUPERDAN
• OCEANMAX
• POWERMAX
• POWERFLEX HEXA
• FORCETRA
• SPLEX
• HILEX
• DSR WINZ

Products and services

• Synthetic Fiber Rope (General)
• Wire Rope (General)
• Inner Cable (Window Regulator & Control/Push-Pull Cables)
• Sling Webbing (Super Sling, SuperMax Round Sling, SuperWeb)
• Stainless Steel Wire (Various Grades)
• Stainless Steel Wire Rope
• PowerTech Series Wire Rope (6, 8, 35, 29SI, 35SC)
• PowerAct Series Wire Rope (4, 9S, 17DS, 17DS-S, 22DP, 27DP)
• New SuperTec Rope
• SuperFlex Rope
• SuperDan Rope
• OceanMax Rope (Deep Mooring)
• ASB (Anti Snap Back) Rope
• SPM (Single Point Mooring) Rope
• SPLEX Carbon Steel Wire
• HILEX Piano Wire
• Galvanized Steel Wire
• Oil Tempered Wire
• Induction Wire
• SuperMax Round Sling
• DSR WINZ Mooring Line Management System

Quantifiable outcome

• World Class Product designation for Industrial Synthetic Fiber Rope by Ministry of Trade, Industry and Energy
• +3 more outcomes

Named customers4 records

Segments10 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Hyundai Mipo DockyardcoreStrategic or Co-development Partner · 1 August 2012DSR partnered with Hyundai Mipo Dockyard, the world's No. 1中型 shipbuilding company, for the supply of high-quality rope and wire products. The partnership was established based on Hyundai Mipo Dockyard's satisfaction with DSR's excellent technology and high-level customer-customized product quality. The partnership aims to provide greater satisfaction to ship owners.

Scale indicators9 records

Recent moves14 records

Expansion highlights12 records

Direct peers

• Marlow Ropes: UK-based rope manufacturer producing synthetic fiber ropes, cordage, and rigging products for marine, defense, and industrial markets. Direct peer in synthetic fiber rope and accessory products.
• Yale Cordage: US manufacturer of synthetic fiber ropes for marine, industrial, and specialty applications. Comparable to DSR's synthetic fiber rope business, particularly in marine and offshore mooring segments.
• WireCo WorldGroup: Major global wire rope manufacturer serving mining, oil & gas, marine, crane, and industrial markets. Direct competitor to DSR in industrial wire rope with comparable product categories and global distribution.
• Bridon-Bekaert (Bekaert): Global leader in wire rope and steel wire products following the merger of Bridon and Bekaert. Directly competes with DSR in industrial wire ropes, mining ropes, and offshore mooring applications across multiple geographies.
• Gustav Wolf: German wire rope manufacturer with global operations serving elevator, crane, mining, and offshore markets. Direct competitor to DSR's wire rope and steel wire products in European and global markets.
• Samson Rope Technologies: US-based manufacturer of synthetic fiber ropes for marine, industrial, safety, and arborist markets. Directly competes with DSR's synthetic fiber rope portfolio including SuperMax, OceanMax, and PowerMax product lines.
• Teufelberger: Austrian manufacturer of wire rope, fiber rope, and synthetic rope products for industrial and technical applications. Direct peer across both wire rope and synthetic fiber rope product lines, with overlapping target markets in crane, lifting, and marine.
• Kiswire: South Korea's largest wire rope and steel wire manufacturer, also publicly traded on KOSPI. Directly competes with DSR in wire rope, steel wire, and structural wire products across global markets, with similar Korean manufacturing base and export focus.
• Youngwoo Steel: Korean steel wire and wire rope manufacturer serving Korean and export markets. Comparable to DSR in steel wire products and regional industrial customer base.

Broad incumbents

• Bekaert: Global steel wire and coating products manufacturer with broad industrial exposure beyond rope. Overlaps with DSR's stainless steel wire and high-carbon wire products but operates more broadly across automotive, construction, and consumer segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Customer concentration

• YouTubeyoutube.com/channel/UCcY3E3h1ZGwHk4D1ewrQMYg
• LinkedInlinkedin.com/company/dsrfamily

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DSR Wire