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Poongsan

Full company profile

uuid00vppvn

Namestring
Poongsan
Legal namestring
(주)풍산 (Poongsan Corporation)
Websiteurl
poongsan.co.kr
Company typeenum
Private
Founded yearstring
-
Descriptiontext

Poongsan Corporation is a South Korean non-ferrous metals manufacturer operating as the core entity of the Poongsan Group, with a portfolio spanning copper and copper alloy fabrication, defense products, precision forging, stainless steel, and coin blanks. The company produces a wide range of copper alloys including sheets, strips, rods, bars, and wires across grades such as C1011, C1020, C1100, C1220, C19210, C194, brass, phosphor bronze, and nickel silver, in addition to tin-plated products, cupro-nickel alloys (75/25 and 90/10) for seawater-resistive applications, and proprietary lead-free brass products marketed under the BioBrass, Bio MediCopper, and Eco Green Brass brands. Alongside fabricated nonferrous materials, Poongsan manufactures military ammunition, sporting ammunition, propellant powder, and ammunition components through a Korean National Defense Quality Management System-certified operation, and supplies precision forged components for automotive, shipbuilding, aerospace, and machinery customers.

The company operates three integrated manufacturing facilities in South Korea — Ulsan (primary copper and defense production), Angang (AS9100-certified aerospace), and Busan (defense quality certified) — alongside the Seoul headquarters on Chungjeong-ro, Seodaemun-gu. The group encompasses seven wholly-owned affiliates: Poongsan FNS (recently expanded with a second Nonsan factory), PMC Ammunition, Poongsan Metal Service, Poongsan Holdings, Poongsan Special Metal Corporation, Poongsan Hwadong, and U.S.-based PMX Industries. Poongsan sells primarily through B2B direct sales teams organized by product category, with dedicated export teams serving Taiwan and Southeast Asia and broader distribution referenced across the Middle East, Africa, Europe, and Latin America. The company holds ISO9001, IATF16949, ISO14001, ISO45001, AS9100, ISO27001, and Korean National Defense Quality Management System certifications, and was recognized with the 19th Non-Ferrous Metals Day Minister's Commendation in 2026 for export expansion. Leadership is held by Vice Chairman Park Woo-dong.

Short descriptiontext

Poongsan Corporation is a South Korean industrial manufacturer producing copper and copper alloy products, defense ammunition, precision forgings, and coin blanks for semiconductor, defense, automotive, and industrial customers across Asia, Europe, and the Americas.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersSeoul, South Korea
HQ citystring
Seoul
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
copper alloy manufacturing, non-ferrous metal fabrication, semiconductor leadframe materials, defense ammunition production, precision forging services
Industry1 code
1Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel)
CodeIMAKAJACPrimaryYes
NAICS code3 codes
  • Nonferrous Metal (except Aluminum) Production and Processing3314
  • Small Arms, Ordnance, and Ordnance Accessories Manufacturing332994
  • Nonferrous Forging332112
SIC code4 codes
  • Primary Smelting & Refining Of Nonferrous Metals3330
  • Sheet Metal Work3444
  • Metal Forgings & Stampings3460
  • Ordnance & Accessories, (No Vehicles/Guided Missiles)3480
Product category
Non-ferrous metal manufacturing
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Fabricated Nonferrous Materials
TypeHardware Sales
Description

Manufacturing and sales of copper and copper alloy products including rolled products (sheets, strips), leadframe alloys, coin blanks, stainless steel strips, and BioBrass. Revenue generated through domestic and export sales channels.

poongsan.co.kr
2Defense Products
TypeHardware Sales
Description

Military ammunition, sporting ammunition, propellant powder, and ammunition components manufacturing for domestic and international defense markets.

poongsan.co.kr
3Precision Forging
TypeHardware Sales
Description

Precision forged products for automotive, shipbuilding, aerospace, machinery and advanced industries.

poongsan.co.kr
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 5 records shown
1BioBrass
Description

Lead-free brass alloy products for eco-friendly applications

poongsan.co.kr
+4 more records
Core offering1 text field

Poongsan manufactures and sells fabricated non-ferrous metal products — primarily copper and copper alloy sheets, strips, and rods, including specialized leadframe alloys, tin-plated materials, and lead-free brass (BioBrass) — together with coin blanks, stainless steel strips, defense products (military and sporting ammunition, propellant powder, ammunition components), and precision-forged components for automotive, shipbuilding, aerospace, and machinery industries. Production is carried out at its Ulsan, Angang, and Busan plants in South Korea and sold to industrial and defense customers domestically and via export channels to Taiwan, Southeast Asia, the Middle East, Africa, Europe, and Latin America.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Poongsan Corporation is a Korean non-ferrous metals manufacturer offering a diversified portfolio of copper and copper alloy products, defense/military products, and precision forged components. The core offerings include rolled copper and copper alloy sheets and strips (동 및 동합금 판/대), leadframe copper alloy rods (리드프레임용 동합금대), tin-plated materials (주석도금재), BioBrass eco-friendly lead-free brass (바이오브라스), coin blanks for currency (소전), stainless steel strips (스테인리스), military and sports ammunition/defense products (방위사업), and precision forged products for automotive, shipbuilding, and aerospace applications (정밀단조품).

Product and service8 records
1Copper and Copper Alloy Sheets/Strips (동 및 동합금 판/대)
CategoryRolled copper products
Description

Rolled copper and copper alloy plates and strips in various alloy compositions (C1011, C1020, C1100, C1220, C19210, C194, brass, phosphor bronze, nickel silver, etc.) supplied to electrical, electronics, semiconductor, and industrial manufacturers.

2Leadframe Copper Alloy Rods (리드프레임용 동합금대)
CategorySemiconductor materials
Description

Specialized copper alloy materials for semiconductor leadframe manufacturing, meeting high strength, elongation rate, and conductivity requirements, positioned against US-made CDA194 and CDA195 alloys.

3Tin-Plated Materials (주석도금재)
CategorySurface-finished copper products
Description

Tin-plated copper and copper alloy products for enhanced corrosion resistance and solderability in electronic applications.

4BioBrass Lead-Free Brass (바이오브라스)
CategoryEco-friendly brass alloys
Description

Lead-free brass alloy materials marketed under the BioBrass brand for eco-friendly plumbing, hardware, and medical applications, including proprietary C69230 and C46270 grades.

5Coin Blanks (소전)
CategoryCoinage materials
Description

Precision-manufactured coin blanks in cupro-nickel and other copper alloy materials supplied to mints and central banks for currency production.

6Stainless Steel Strips (스테인리스)
CategoryStainless steel products
Description

Stainless steel strips supplied for automotive, construction, and consumer goods industrial applications.

7Defense Products (방위사업)
CategoryDefense and ammunition
Description

Military ammunition, sports ammunition, propellant powder, and ammunition components supplied to defense customers, manufactured under the Korean National Defense Quality Management System at Ulsan and Busan plants.

8Precision Forged Products (정밀단조품)
CategoryPrecision forgings
Description

Precision forged components manufactured for automotive, shipbuilding, advanced industry, machinery, and aerospace customers.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership8 partners
1Nonsan City Government
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-05-08
Description

Local government partnership for Poongsan FNS second factory completion in Nonsan, Guangseok-myeon, Cheon-dong-ri.

visit.poongsan.co.kr
Strategic tierMinorTypeOthers
Description

US-based affiliate company of Poongsan group. Listed as one of the family company websites for Poongsan Group.

Strategic tierMinorTypeOthers
Description

Domestic affiliate company. The company recently completed construction of its second factory in Nonsan, expanding future growth foundation.

Strategic tierMinorTypeOthers
Description

Group affiliate specializing in ammunition products. Part of Poongsan's defense business portfolio.

5Poongsan Metal Service (풍산메탈서비스)
Strategic tierMinorTypeOthers
Description

Domestic affiliate company providing metal services.

poongsan.co.kr
Strategic tierMinorTypeOthers
Description

Parent holding company of Poongsan Group. Houses audit division for ethics reporting.

Strategic tierMinorTypeOthers
Description

Domestic affiliate specializing in special metal products.

Strategic tierMinorTypeOthers
Description

Domestic affiliate company.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Major Japanese non-ferrous metals producer with copper and copper-alloy rolled products, semiconductor materials, and advanced materials divisions — overlaps with Poongsan's leadframe alloys, rolled products, and precision forging.

TypeRegional player
Description

Korea's largest zinc and lead smelter with growing non-ferrous metals and advanced materials operations — domestic Korean peer in non-ferrous metals serving similar industrial customers but with a different primary-metal mix.

TypeDirect peer
Description

Global manufacturer of rolled copper and copper alloy products including sheets, strips, rods, and specialized alloys serving electronics, automotive, and industrial markets — directly comparable to Poongsan's rolled products portfolio.

TypeDirect peer
Description

Japanese manufacturer of copper and copper alloy products including rolled strips, leadframe materials, and wire — directly comparable product portfolio to Poongsan across electronics and semiconductor end markets.

TypeBroad incumbent
Description

European-headquartered ammunition and missile propulsion manufacturer serving military markets — comparable in military/sporting ammunition and propellant powder products overlapping with Poongsan's Defense Products segment.

TypeRegional player
Description

Korean defense and aerospace company with ammunition and precision-guided weapons — comparable in Korean defense manufacturing footprint and ammunition product overlap with Poongsan's Defense Products division.

TypeDirect peer
Description

Europe's largest integrated copper group, producing copper cathodes, rolled products, rod, and specialty wire — directly overlapping with Poongsan's copper rolled products, leadframe materials, and rod business for similar B2B industrial customers.

TypeDirect peer
Description

European manufacturer of copper and copper alloy semi-finished products (sheets, strips, rods, tubes) for industrial and specialty applications — directly comparable to Poongsan's rolled copper and alloy products.

TypeDirect peer
Description

U.S. specialty alloy producer with copper-based beryllium alloys and high-performance engineered materials serving electronics, aerospace, and defense — comparable in niche specialty alloy focus and end-market overlap with Poongsan's leadframe and cupro-nickel lines.

TypeDirect peer
Description

Japanese non-ferrous metals and electronics materials producer with copper, brass, and specialty alloy operations including semiconductor materials — overlaps with Poongsan's copper alloy and leadframe business.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance9 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Poongsan

Non-ferrous metal manufacturingpoongsan.co.kr

Poongsan Corporation is a South Korean industrial manufacturer producing copper and copper alloy products, defense ammunition, precision forgings, and coin blanks for semiconductor, defense, automotive, and industrial customers across Asia, Europe, and the Americas.

What Poongsan does

Poongsan Corporation is a South Korean non-ferrous metals manufacturer operating as the core entity of the Poongsan Group, with a portfolio spanning copper and copper alloy fabrication, defense products, precision forging, stainless steel, and coin blanks. The company produces a wide range of copper alloys including sheets, strips, rods, bars, and wires across grades such as C1011, C1020, C1100, C1220, C19210, C194, brass, phosphor bronze, and nickel silver, in addition to tin-plated products, cupro-nickel alloys (75/25 and 90/10) for seawater-resistive applications, and proprietary lead-free brass products marketed under the BioBrass, Bio MediCopper, and Eco Green Brass brands. Alongside fabricated nonferrous materials, Poongsan manufactures military ammunition, sporting ammunition, propellant powder, and ammunition components through a Korean National Defense Quality Management System-certified operation, and supplies precision forged components for automotive, shipbuilding, aerospace, and machinery customers.

The company operates three integrated manufacturing facilities in South Korea — Ulsan (primary copper and defense production), Angang (AS9100-certified aerospace), and Busan (defense quality certified) — alongside the Seoul headquarters on Chungjeong-ro, Seodaemun-gu. The group encompasses seven wholly-owned affiliates: Poongsan FNS (recently expanded with a second Nonsan factory), PMC Ammunition, Poongsan Metal Service, Poongsan Holdings, Poongsan Special Metal Corporation, Poongsan Hwadong, and U.S.-based PMX Industries. Poongsan sells primarily through B2B direct sales teams organized by product category, with dedicated export teams serving Taiwan and Southeast Asia and broader distribution referenced across the Middle East, Africa, Europe, and Latin America. The company holds ISO9001, IATF16949, ISO14001, ISO45001, AS9100, ISO27001, and Korean National Defense Quality Management System certifications, and was recognized with the 19th Non-Ferrous Metals Day Minister's Commendation in 2026 for export expansion. Leadership is held by Vice Chairman Park Woo-dong.

Poongsan firmographics

Firmographics
Name
Poongsan
Legal name
(주)풍산 (Poongsan Corporation)
Website
https://poongsan.co.kr
Company type
Private
Operating status
Operating
Short description
Poongsan Corporation is a South Korean industrial manufacturer producing copper and copper alloy products, defense ammunition, precision forgings, and coin blanks for semiconductor, defense, automotive, and industrial customers across Asia, Europe, and the Americas.
Ownership category
akta.pro rank

Poongsan industry classification

Industry
Product category
Non-ferrous metal manufacturing
NAICS
Nonferrous Metal (except Aluminum) Production and Processing (3314), Small Arms, Ordnance, and Ordnance Accessories Manufacturing (332994), Nonferrous Forging (332112)
SIC
Primary Smelting & Refining Of Nonferrous Metals (3330), Sheet Metal Work (3444), Metal Forgings & Stampings (3460), Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480)
akta.pro primary industry
Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel) (IMAKAJAC)

Keywords

  • Copper alloy manufacturing
  • Non-ferrous metal fabrication
  • Semiconductor leadframe materials
  • Defense ammunition production
  • Precision forging services

Where Poongsan is headquartered

Location

Headquarters

HQ city
Seoul
HQ country
South Korea
HQ region
Asia

Offices4 records

Markets served

Poongsan business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

  1. Fabricated Nonferrous Materials: Manufacturing and sales of copper and copper alloy products including rolled products (sheets, strips), leadframe alloys, coin blanks, stainless steel strips, and BioBrass. Revenue generated through domestic and export sales channels.
  2. Defense Products: Military ammunition, sporting ammunition, propellant powder, and ammunition components manufacturing for domestic and international defense markets.
  3. Precision Forging: Precision forged products for automotive, shipbuilding, aerospace, machinery and advanced industries.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Poongsan product offering

Product offering

Core offering

Poongsan manufactures and sells fabricated non-ferrous metal products — primarily copper and copper alloy sheets, strips, and rods, including specialized leadframe alloys, tin-plated materials, and lead-free brass (BioBrass) — together with coin blanks, stainless steel strips, defense products (military and sporting ammunition, propellant powder, ammunition components), and precision-forged components for automotive, shipbuilding, aerospace, and machinery industries. Production is carried out at its Ulsan, Angang, and Busan plants in South Korea and sold to industrial and defense customers domestically and via export channels to Taiwan, Southeast Asia, the Middle East, Africa, Europe, and Latin America.

Product overview

Poongsan Corporation is a Korean non-ferrous metals manufacturer offering a diversified portfolio of copper and copper alloy products, defense/military products, and precision forged components. The core offerings include rolled copper and copper alloy sheets and strips (동 및 동합금 판/대), leadframe copper alloy rods (리드프레임용 동합금대), tin-plated materials (주석도금재), BioBrass eco-friendly lead-free brass (바이오브라스), coin blanks for currency (소전), stainless steel strips (스테인리스), military and sports ammunition/defense products (방위사업), and precision forged products for automotive, shipbuilding, and aerospace applications (정밀단조품).

Differentiator

Problem solved

Functional benefit

Brands

  • BioBrass: Lead-free brass alloy products for eco-friendly applications
  • Bio MediCopper
  • Eco Green Brass
  • Nordic Gold
  • Korean Gold

Products and services

  • Copper and Copper Alloy Sheets/Strips (동 및 동합금 판/대) Rolled copper and copper alloy plates and strips in various alloy compositions (C1011, C1020, C1100, C1220, C19210, C194, brass, phosphor bronze, nickel silver, etc.) supplied to electrical, electronics, semiconductor, and industrial manufacturers.
  • Leadframe Copper Alloy Rods (리드프레임용 동합금대) Specialized copper alloy materials for semiconductor leadframe manufacturing, meeting high strength, elongation rate, and conductivity requirements, positioned against US-made CDA194 and CDA195 alloys.
  • Tin-Plated Materials (주석도금재) Tin-plated copper and copper alloy products for enhanced corrosion resistance and solderability in electronic applications.
  • BioBrass Lead-Free Brass (바이오브라스) Lead-free brass alloy materials marketed under the BioBrass brand for eco-friendly plumbing, hardware, and medical applications, including proprietary C69230 and C46270 grades.
  • Coin Blanks (소전) Precision-manufactured coin blanks in cupro-nickel and other copper alloy materials supplied to mints and central banks for currency production.
  • Stainless Steel Strips (스테인리스) Stainless steel strips supplied for automotive, construction, and consumer goods industrial applications.
  • Defense Products (방위사업) Military ammunition, sports ammunition, propellant powder, and ammunition components supplied to defense customers, manufactured under the Korean National Defense Quality Management System at Ulsan and Busan plants.
  • Precision Forged Products (정밀단조품) Precision forged components manufactured for automotive, shipbuilding, advanced industry, machinery, and aerospace customers.

Companies that use Poongsan

Customer profile

Segments5 records

Ideal customer profiles5 records

Poongsan technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Poongsan partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered minor.

  • Nonsan City GovernmentminorStrategic or Co-development Partner · 8 May 2026Local government partnership for Poongsan FNS second factory completion in Nonsan, Guangseok-myeon, Cheon-dong-ri.
  • PMX Industries, Inc.minorOthersUS-based affiliate company of Poongsan group. Listed as one of the family company websites for Poongsan Group.
  • Poongsan FNS (풍산FNS)minorOthersDomestic affiliate company. The company recently completed construction of its second factory in Nonsan, expanding future growth foundation.
  • PMC AmmunitionminorOthersGroup affiliate specializing in ammunition products. Part of Poongsan's defense business portfolio.
  • Poongsan Metal Service (풍산메탈서비스)minorOthersDomestic affiliate company providing metal services.
  • Poongsan Holdings (풍산홀딩스)minorOthersParent holding company of Poongsan Group. Houses audit division for ethics reporting.
  • Poongsan Special Metal (풍산특수금속)minorOthersDomestic affiliate specializing in special metal products.
  • Poongsan Hwadong (풍산화동양행)minorOthersDomestic affiliate company.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Poongsan competitors and assessment

Company assessment

Direct peers

  • Mitsubishi Materials Corporation: Major Japanese non-ferrous metals producer with copper and copper-alloy rolled products, semiconductor materials, and advanced materials divisions — overlaps with Poongsan's leadframe alloys, rolled products, and precision forging.
  • Wieland Group: Global manufacturer of rolled copper and copper alloy products including sheets, strips, rods, and specialized alloys serving electronics, automotive, and industrial markets — directly comparable to Poongsan's rolled products portfolio.
  • Furukawa Electric Co., Ltd. Japanese manufacturer of copper and copper alloy products including rolled strips, leadframe materials, and wire — directly comparable product portfolio to Poongsan across electronics and semiconductor end markets.
  • Aurubis AG: Europe's largest integrated copper group, producing copper cathodes, rolled products, rod, and specialty wire — directly overlapping with Poongsan's copper rolled products, leadframe materials, and rod business for similar B2B industrial customers.
  • KME Group: European manufacturer of copper and copper alloy semi-finished products (sheets, strips, rods, tubes) for industrial and specialty applications — directly comparable to Poongsan's rolled copper and alloy products.
  • Materion Corporation: U.S. specialty alloy producer with copper-based beryllium alloys and high-performance engineered materials serving electronics, aerospace, and defense — comparable in niche specialty alloy focus and end-market overlap with Poongsan's leadframe and cupro-nickel lines.
  • DOWA Holdings Co., Ltd. Japanese non-ferrous metals and electronics materials producer with copper, brass, and specialty alloy operations including semiconductor materials — overlaps with Poongsan's copper alloy and leadframe business.

Regional players

  • Korea Zinc Co., Ltd. Korea's largest zinc and lead smelter with growing non-ferrous metals and advanced materials operations — domestic Korean peer in non-ferrous metals serving similar industrial customers but with a different primary-metal mix.
  • Hanwha Aerospace: Korean defense and aerospace company with ammunition and precision-guided weapons — comparable in Korean defense manufacturing footprint and ammunition product overlap with Poongsan's Defense Products division.

Broad incumbents

  • Nammo AS: European-headquartered ammunition and missile propulsion manufacturer serving military markets — comparable in military/sporting ammunition and propellant powder products overlapping with Poongsan's Defense Products segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Poongsan compliance and trust

Trust signal

Compliance9 records

Poongsan financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Poongsan leadership team

Management profile

Number of profiles

Profiles1 record

Poongsan subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

Poongsan funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Poongsan M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Poongsan

What does Poongsan do?

Poongsan manufactures and sells fabricated non-ferrous metal products — primarily copper and copper alloy sheets, strips, and rods, including specialized leadframe alloys, tin-plated materials, and lead-free brass (BioBrass) — together with coin blanks, stainless steel strips, defense products (military and sporting ammunition, propellant powder, ammunition components), and precision-forged components for automotive, shipbuilding, aerospace, and machinery industries. Production is carried out at its Ulsan, Angang, and Busan plants in South Korea and sold to industrial and defense customers domestically and via export channels to Taiwan, Southeast Asia, the Middle East, Africa, Europe, and Latin America.

Is Poongsan a public or private company?

Poongsan is a private company. It is classified as family owned and is currently operating.

When was Poongsan founded?

Poongsan was founded in -1.

Where is Poongsan based?

Poongsan is headquartered in Seoul, South Korea, in the Asia region.

How does Poongsan make money?

Three revenue lines are on record. Fabricated Nonferrous Materials are the primary driver. The others are defense Products and precision Forging.

Who are Poongsan's main competitors?

Direct peers on record are Mitsubishi Materials Corporation, Wieland Group, Furukawa Electric Co., Ltd., Aurubis AG, KME Group, Materion Corporation and DOWA Holdings Co., Ltd.. Regional players are Korea Zinc Co., Ltd. and Hanwha Aerospace. Nammo AS is listed as a broad incumbent.

Does Poongsan have an API?

No public API is recorded for Poongsan.

What industry is Poongsan in?

Poongsan's product category is Non-ferrous metal manufacturing. Its primary akta.pro industry code is IMAKAJAC, Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel). Its NAICS code is 3314 and its SIC code is 3330.

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Live signals
KoreatimesPoongsan decides not to sell ammunition business: FKI chiefPoongsan Group has decided not to sell its ammunition business, FKI Chairman Ryu Jin announced at the FKI CEO Summer Forum on Jeju Island. The company explored the business's potential value due to rising global demand and strong profitability, but ultimately chose to retain it rather than divest. Instead, Poongsan plans to reinvest defense operation profits into new service-sector ventures such as golf courses and hotels outside the Seoul metropolitan area to revitalize regional economies.The Korea HeraldKorea’s priciest golf club may change handsPoongsan Group is reportedly exploring a potential acquisition of Jack Nicklaus Golf Club Korea, a luxury members-only course in Songdo, Incheon, with current market estimates valuing the property at over 350 billion won. The golf club has been owned by Posco Wide since 2022, when it acquired the asset at what became the highest golf course transaction price in Korean history. Both Poongsan Group and Posco Group have denied the report, with Posco stating the company has "never reviewed a sale" of the property.The Korea HeraldHanwha-Poongsan W1.5tr ammunition deal falls apartHanwha Aerospace's attempt to acquire Poongsan Corporation's ammunition unit has collapsed, with sources attributing the failure to a pricing gap between the two parties. The deal had been valued at approximately 1.5 trillion won ($1 billion) for a 38 percent stake, implying a total enterprise value of roughly 3.8 trillion won. The collapse represents a setback for Hanwha Aerospace's strategy to build a vertically integrated defense business combining weapons platforms with recurring ammunition supply, while Poongsan Holdings shares fell 13.56 percent following the announcement.KoreatimesHanwha, Poongsan call off $1 bil. ammunition biz M&A dealHanwha Aerospace and Poongsan called off their nearly $1.5 billion deal for Hanwha to acquire Poongsan's ammunition business after negotiations collapsed. The deal's failure was attributed to regulatory, shareholder, and leadership succession issues, along with political and competitive concerns.KoreatimesHanwha Aerospace halts review of Poongsan's ammunition unit acquisitionHanwha Aerospace, Korea's leading defense systems manufacturer, has decided to halt its review of acquiring Poongsan's ammunition business. The company disclosed in a regulatory filing that while it had been exploring various business opportunities to strengthen its defense capabilities, it chose to stop the acquisition review. Poongsan is Korea's leading producer of copper alloy and ammunition.The Korea HeraldHanwha Aerospace halts review of Poongsan's ammunition unit acquisitionHanwha Aerospace Co., South Korea's leading defense systems manufacturer, has decided to halt its review of acquiring the ammunition business of Poongsan Corp. The company confirmed in a regulatory filing that while it has been exploring various business opportunities including Poongsan's ammunition division to strengthen defense capabilities and enhance corporate value, it has now decided to stop this specific review. The disclosure comes after local media reported that Hanwha was likely to proceed with acquiring Poongsan's ammunition business as part of efforts to integrate its weapons and munitions operations.The Korea HeraldHanwha Aerospace eyes Poongsan ammunition armHanwha Aerospace is seeking to acquire Poongsan's ammunition division for an estimated 1.5 trillion won ($996.4 million), a deal that would give South Korea's largest defense company vertical control over artillery systems and the munitions they fire. The acquisition would allow Hanwha to bring ammunition manufacturing in-house, enabling bundled sales of artillery platforms and shells for improved price competitiveness and shorter delivery times. The transaction faces regulatory hurdles including approval from South Korea's Fair Trade Commission and Defense Acquisition Program Administration, while Poongsan's willingness to sell is linked to succession issues involving foreign ownership restrictions under Korean defense regulations.The Korea HeraldSeoul shares open higher despite Trump's renewed threats on IranSouth Korean stocks opened higher Monday with the benchmark KOSPI rising 2.06 percent to 5,488.14, defying investor concerns over US President Trump's renewed threats to strike Iran's infrastructure unless Tehran opens the Strait of Hormuz. Samsung Electronics saw its stock climb 3.49 percent ahead of its earnings guidance scheduled for Tuesday, while Poongsan surged 18.9 percent on reports that Hanwha Aerospace is seeking to acquire its ammunition business. Market analysts at Kiwoom Securities cautioned that the South Korean stock market is expected to remain volatile amid uncertainties over further US-Iran tensions.Korea Joongang DailyWith U.S. entry, Hanwha mulls purchase of Poongsan's ammunition division for K9 roundsHanwha Aerospace, Korea's largest defense firm, is considering acquiring Poongsan's ammunition production division for up to 1.5 trillion won ($999 million), according to a Monday regulatory filing, with the company appearing as the sole serious bidder after others including Hyundai Rotem did not participate. The acquisition would allow Hanwha to vertically integrate ammunition production for its K9 self-propelled howitzers, enabling bundled export packages combining weapons systems and shells to improve price competitiveness and delivery stability against competitors like Germany's Rheinmetall. The deal requires merger review clearance from Korea's Fair Trade Commission and approval from the Defense Acquisition Program Administration, and would also complement Hanwha's existing $1.3 billion U.S. munitions facility investment plans in Arkansas.MorningstarPoongsan Shares Rally as Hanwha Considers Ammunition Unit AcquisitionPoongsan shares surged 12% in early Seoul trading after Hanwha Aerospace confirmed in a regulatory filing that it is reviewing a potential acquisition of Poongsan's ammunition unit. The Korea Economic Daily, citing an investment banking source, reported that Hanwha submitted a bid in a private tender valued at approximately 1.5 trillion won ($992.6 million) for the unit. Hanwha cautioned that no decision has been made and that a further disclosure will be made within a month.