Seah Besteel stock expands into robot reducer steel production

Published on 10/07/2026 at 05:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Seah Besteel stock was at KRW 45,300 on October 7, 2026, down 4.13 percent during the session. Second-quarter revenue rose 17.8 percent year over year.

Seah Besteel, KR7001430008, Illustration mit AI erstellt.

Seah Besteel stock (ISIN KR7001430008) was trading at KRW 45,300 on the Korea Exchange on October 7, 2026 at 12:15 p.m. KST, down 4.13 percent from the prior close. The company has entered mass production of special steel for robot reducers, according to Morningstar on October 5, 2026.

Robot steel reaches mass production

The new material is designed for flex splines, which transmit motor power inside robot reducers. Morningstar reported that SeAH Besteel began with an initial supply to Korean precision reducer maker SPG in February before moving into full-scale production. The company plans to develop additional special steel grades for humanoid robots, expanding its addressable market beyond established automotive and machinery applications.

Seoul Economic Daily reported on October 6, 2026, that the material uses proprietary alloy design and vacuum refining to reduce heat-treatment distortion and non-metallic inclusions. The technical focus matters because reducer components require dimensional precision and fatigue resistance during repeated movement.

Second-quarter revenue rises

SeAH Besteel reported second-quarter 2026 revenue of KRW 1.14 trillion, up 17.8 percent from a year earlier, while operating profit reached KRW 59.8 billion, according to ATS View. The comparison gives the robotics initiative a larger financial backdrop: the company is adding a new growth application while its core special-steel business is already producing higher quarterly sales.

The same second-quarter figures show net income of KRW 35.2 billion. That profit base is smaller than operating profit because financial and other items affect the result, leaving execution and product mix as important factors for the next report.

Stock remains below yearly high

Seah Besteel's market capitalization stood at KRW 1.6 trillion on October 7, 2026, with volume of 70,837 shares. The stock's 52-week range was KRW 14,750 to KRW 92,500, placing the intraday price 51.0 percent below the yearly high and showing that the robotics story is developing against a wide valuation range.

Seah Besteel was last at KRW 45,300 on the Korea Exchange on October 7, 2026 at 12:15 p.m. KST. The session's range was KRW 44,950 to KRW 46,650, so the share price sat within the day's trading band as the new product moved from development into production.