HS HYOSUNG ADVANCED MATERIALS Signs Long-Term Supply MOU with Tata Steel (Thailand) for Lower-Carbon Steel Wire Materials

  • Strategic raw material agreement supports the plan to triple eco-friendly steel tire cord sales by 2027 Expands sustainable product portfolio to align with global tire manufacturers' low-carbon sourcing goals SEOUL, South Korea , June 18, 2025 /PRNewswire/ -- HS HYOSUNG ADVANCED MATERIALS signed a memorandum of understanding (MOU) with Tata Steel (Thailand) on June 18th for the procurement of lower-carbon steel wire materials. Under the agreement, HS HYOSUNG ADVANCED MATERIALS will secure a reliable supply of low-emission steel wire materials required for the production of steel tire cord.