Feb.
Established Dubai Branch in U.A.E.
 
Oct.
Completed the Incheon distribution Warehouse (GM Daewoo).
 
Mar.
Completed Incheon Alloy Steel Processing Plant.
Jan.
Acquired Pakistan Transportation Corp
 
Nov.
Completed the Incheon Bonded Warehouse
Sep.
Invested on Firsteel Ltd.
Aug.
Established Guangzhou Branch in China
Dec.
Took over Ulsan Alloy Steel Manufacturing Plant from Sammi Alloy Steel Co., Ltd
 
May.
Completed Changwon Processing Plant
 
Dec.
Awarded the medal of bronze tower industry at the 25th Trading Day ceremony
 
Jun.
Changed the corporate name to Sammi Corporation
 
Sep.
Merged Sammi Marine Transportation Co., Ltd
 
Jul.
Took over Hankook Alloy Steel Co., Ltd.
 
Jul.
Jointly invested on Samyang Alloy Steel Co., Ltd.
 
Dec.
Took over Daehan Iron Mine Development Co., Ltd.
 
Feb.
Founded Dail Lumber Industries Co., Ltd.