Korea Joon-gang Daily reported that South Korea’s third largest steelmaker Dongkuk Steel Mill aims to increase color-coated steel sales by more than 40% to KWR 2 trillion (USD 1.7 billion) by 2030 from KRW 1.4 trillion now, accounting for 30% of the company’s sales from the current 20%. Dongkuk Steel Mill Vice Chairman Mr Chang Sae-wook, who owns 9.43% of Dongkuk Steel Mill, made the promise in a press event held at the company’s headquarters in central Seoul on Monday. The event was held to celebrate the 10th anniversary of Luxteel, its color-coated steel brand.Luxteel is the flagship color steel developed by D Dongkuk Steel Mill for architects and designers who wish to pursue better design and engineering. The various patterns and textures of the Luxteel satisfy the requirements of every user who desires to create a unique and beautiful architecture. It also plays a great role in enhancing the lifespan and value of the architecture; owing to its ultra-high weather proof varnish and world's-best plating technological finish.Dongkuk Steel Mill is the largest producer of color-coated steel by sales in South Korea, with 35% of the domestic market. The company is a supplier of color-coated steel to Samsung Electronics, LG Electronics, which sell colourful refrigerators, as well as Whirlpool.