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JC Partners Relaunches Sale of Steel Dust Recycler Hwangjo After Five Years

Published: 5/12/2026 · Source: mk.co.kr

TL;DR: JC Partners is moving to sell portfolio company Hwangjo, a resource-circulation firm that recycles steelmaking dust, reviving an exit that fell through in early 2024 after zinc prices declined.

Private equity firm JC Partners is again pursuing the sale of Hwangjo, a portfolio company in the resource-circulation sector. Hwangjo is known for recycling dust generated during steelmaking, and JC Partners is seeking an exit five years after its investment. The renewed sale follows an earlier attempt that collapsed in early 2024 as zinc prices fell. Because swings in raw material prices had affected the valuation of the recycling company, market conditions and buyer interest are expected to be key factors in the renewed process. Source: mk.co.kr

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