World Trade Center Alaska
WTCAK hosts signing ceremony and reception in honor of partnership agreement between Anchorage-based Steel Brothers, Inc.
and Hyundai Steel of Korea

14 April 2006
It was a beautiful spring evening in Anchorage. From the windows of Josephine’s, at the top of the Sheraton Anchorage Hotel, there was an expansive view over the city and one could clearly see the majestic Mount McKinley rising in the distance. This was the setting for a signing ceremony during which one of WTCAK’s newest members, Steel Brothers, Inc. of Anchorage, and Hyundai Engineering and Steel Industries of South Korea, a global leader in steel fabrication, formalized a partnership that establishes Steel Brothers as the exclusive representative of Hyundai Steel in the state of Alaska. The signing ceremony, and the reception for business and government leaders that followed, was organized by WTCAK. Nearly one hundred people participated in the events.

Han Sub Yoo, the president and CEO of Hyundai Steel traveled to Anchorage with several senior executives to sign the agreement. Steve Jones, the president of Steel Brothers, signed on behalf of the Anchorage-based company. According to Jones, “this exclusive distribution agreement is an extraordinary opportunity for our company. It marks, for the first time, a commitment by a proven world leader in steel to be represented by an all-Alaskan company.” Hyundai, which today exports fabricated steel to customers on every continent, has a long history with Alaska. The company’s first overseas project was the Hurricane Gulch Bridge.

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Han Sub Yoo, the President and CEO of Hyundai Steel (left) and Steel Brothers’ president Steve Jones (right) sign the partnership agreement during a ceremony on 14 April 2006 at the Sheraton Anchorage Hotel.


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After signing the partnership agreement, Yoo and Jones shake hands and express congratulations.

 

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During the reception that followed the signing ceremony, Yoo made a presentation on the history and current operations of Hyundai Engineering and Steel Industries.

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World Trade Center Alaska organized the events and Greg Wolf, the executive director of WTCAK, served as the master of ceremony.