BNG STEEL Co.,Ltd (004560)   STOCK Address 66, SUNGSAN-GU, SINCHON-DONG, CHANGWON-SI, GYEONGNAM Home Page www.bngsteel.com Established 1966. 4. 7 Tel 055-268-4114 Listed 1987. 3.24 IR 02-3467-0079 Common shares O/S 15,078,811 President Jeong,Il Seon Preferred shares O/S 109,852 No.of Employees 430(2010. 6) Business scale increased over the preceding year same period with active business of downstream automobile and electronic products with improving consumer spending thanks to economic recovery. Both operating and net income increased with fixed cost reduced by increased sales while cost ratio declined with rising selling prices. Borrowings are somewhat excessive for assets though financial structure improved slightly with trade payables decreased though borrowings increased. Business will grow as business of downstream automobile and electronic products will remain active with improving consumer spending thanks to economic recovery. Cost push will be limited as imported material prices lowered by strong currency though prices of main material hot-rolled stainless steel band tend to rise. Borrowings are heavy as loans are obtained for steady facility investment though operating cash flow is solid. (date: 2009.12, unit : %) Name HYUNDAI STEEL Jeong Ilseon Jeong Munseon Portion 41.1 2.5 1.7 (unit : %) Sales Stainless Plate 99.9 Cost Raw Materials Labors Overhead (Unit : 100Mn.Won,Won) Year ~99.12 01. 1 01. 1 03.11 ~06.12 Type CB CR RI RI CB Amount 182.49  - 201.28  187.78  236.73  128.15