SeAh Steel Holdings
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Native name | 세아제강지주 |
|---|---|
| Company type | Public |
| KRX: 003030 | |
| Industry | Steel pipe |
| Founded | October 1960 |
| Founder | Lee Jong-Deok |
| Headquarters | SeAH Tower, 45, yanghwa-ro, Mapo-gu, , |
Key people |
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| Products | Steel pipes and steel sheets |
| Revenue |  KRW 9,845,885,045 (2019) |
Number of employees | 733 (2017) |
| Subsidiaries | SeAH Steel |
| Website | http://www.seahsteel.co.kr |
SeAH Steel Holdings (formerly SeAH Steel Corporation) is a South Korean holding company located in Seoul, South Korea. It was founded as a steel manufacturer in 1960 by Lee Jong-Deok with the name of Pusan Steel Pipe Industry Corporation.
In 2018, the SeAH Steel Corporation split into two separate entities, SeAH Steel Holdings, an holding group for SeAh's foreign affiliate companies, and SeAH Steel, which kept the steel manufacturing activities.[1]
The company operates seven steel mills worldwide with locations in the United States,[2] Vietnam,[3] United Arab Emirates,[4] and Italy.[5] In August 2020, SeAH started negotiating with UK government to construct the world's biggest turbine monopile facility.[6]
SeAH Steel
SeAH Steel remains as the main subsidiary of SeAH Steel Holdings after it transitioned into two separated entities in 2018.[1]
SeAH Steel is the largest Korean steel pipe manufacturer[7][1] and it main products consist of steel pipes, titanium tubes, stainless steel pipes and galvanized color steel sheets.[8] It currently runs four plants in South Korea, located in Pohang, Gunsan, Suncheon and Changwon.
Management
As for 2022, SeAH Steel Holdings corporate leadership is headed by President and CEO Lee Joo-sung.[9] He plays a primary role in managing the company’s business operations and diversifying the company activities. Lee Joo-sung led SeAH Steel Holdings to enter in renewable energy
market by creating the UK-based subsidiary SeAH Wind and he is in negotiations with the British government to construct the worlds biggest offshore wind power facility.
Other affiliates
- SeAH Coated Metal
- SeAH Steel America
- State Pipe & Supply
- SeAH Steel USA
- SeAH Steel UAE
- SeAH Japan
- SeAH Steel Vina
- Vietnam Steel Pipe
- INOX TECH (SeAH Steel Europe)
- SeAH Steel Indonesia
- Landmark Steel[10]
References
- ^ a b c "SeAH Steel to demerge into holding, operating entities - Pulse by Maeil Business News Korea". pulsenews.co.kr (in Korean). Retrieved 4 September 2020.
- ^ "SeAH acquires two US steel mills". koreatimes. 30 November 2016. Retrieved 4 September 2020.
- ^ "SeAH Steel Holdings starts operation of new steel pipe mill in Vietnam - Pulse by Maeil Business News Korea". m.pulsenews.co.kr (in Korean). Retrieved 4 September 2020.
- ^ "Ras Al Khaimah ruler opens 70mn SeAH Steel plant". Construction Week Online Middle East. Retrieved 4 September 2020.
- ^ "SeAH steel Buys Italian Specialty Steel Pipe Supplier". Korea IT Times (in Korean). 11 February 2014. Retrieved 4 September 2020.
- ^ Lee, Danbee. "SeAH Steel to build biggest offshore wind turbine monopile facility in UK". KOREAN INVESTORS. Retrieved 4 September 2020.
- ^ 박상수 (6 February 2007). "(LEAD) POSCO forges strategic alliance with SeAH Steel". Yonhap News Agency. Retrieved 4 September 2020.
- ^ "SeAH Steel Corp - Company Profile and News". Bloomberg.com. Retrieved 4 September 2020.
- ^ "Lee Joo-sung Named President & CEO of SeAH Steel Holdings". Wall Street Journal. 15 February 2022. ISSN 0099-9660. Retrieved 29 March 2022.
- ^ "SEAH GROUP". www.seah.co.kr. Retrieved 4 September 2020.