China Steel

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There is an unrelated raw material processing company named Sinosteel based in the People's Republic of China.
China Steel Corporation
中國鋼鐵股份有限公司
Type Public (TWSE: 2002)
Industry Steel
Founded December 3, 1971
Headquarters Kaohsiung City, Republic of China (Taiwan).
Key people Chairman: J.C. Tsou
President: C.H. Ou
Products Plates, Bars, Wire rods, hot rolled products, cold rolled products, electro-galvanized sheets, and electrical sheets.
Revenue IncreaseTWD 177.7 billion (2006)[1]
Net income IncreaseTWD 47.7 billion (2006)[1]
Employees 9,071 (2006)[2]
Website www.csc.com.tw
China Steel Corporation Headquarter in Kaohsiung

China Steel Corporation (CSC; Chinese: 中國鋼鐵股份有限公司; pinyin: Zhōngguó Gāngtiě Gǔfèn Yǒuxiàn Gōngsī) is the largest integrated steel maker in Taiwan. Its main steel mill is located in Siaogang District, Kaohsiung. The corporation and its sister companies are administrated under the CSC Group. According to the International Iron and Steel Institute (IISI), China Steel is the 25th largest steel producer in the world in 2006.[3]

History[edit]

China Steel was planned and organized in 1960s and the corporation was officially established on December 3, 1971. On November 1, 1974, CSC began the first stage of construction. Its head office was located in Taipei between 1971 and 1975, but translocated to Kaohsiung since September 15, 1975.

The first blast furnace was launched on June 27, 1977. A few months later, the first stage of the building plan of the steel mill was accomplished. The second and the third stage were subsequently accomplished in 1982 and 1988, respectively. Presently, the company has a total of four blast furnaces.

CSC was started as a non-governmental company. It once transformed into a state-owned company on July 1, 1977 and subsequently re-privatized on April 12, 1995. Although CSC is a de jure non-governmental company at present, the Government of the Republic of China (Taiwan) still owns a large portion of its stocks, thus the chairman of the company is appointed by the government.

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