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SeAh Steel Holdings

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South Korean company

SeAH Steel Holdings
Native name
세아제강지주
Company typePublic
KRX:003030
IndustrySteel pipe
FoundedOctober 1960
FounderLee Jong-Deok
HeadquartersSeAH Tower, 45, yanghwa-ro, Mapo-gu,,
Key people
ProductsSteel pipes and steel sheets
Revenue3,675,086,864,147 KRW (2024)
Number of employees
733 (2017)
SubsidiariesSeAH Steel
SeAH Coated Metal
SeAH Steel USA
SeAh Wind
Websitehttp://www.seahsteel.co.kr

SeAh Steel Holdings (formerlySeAh Steel Corporation) is a South Koreanholding company located inSeoul,South Korea. It was founded as asteel manufacturer in 1960 byLee Jong-Deok with the name ofPusan Steel Pipe Industry Corporation.

In 2018, the SeAh Steel Corporation split into two separate entities, SeAh Steel Holdings, a holding group for SeAh's foreign affiliate companies, and SeAh Steel, which kept the steel manufacturing activities.[1]

The company operates sevensteel mills worldwide with locations in the United States,[2] Vietnam,[3] United Arab Emirates,[4] and Italy.[5] AndSeAh Wind's offshore wind foundation factory inTeesside, UK.[6]

SeAh Steel

[edit]

SeAh Steel remains the main subsidiary of SeAh Steel Holdings after it transitioned into two separate entities in 2018.[1]

SeAh Steel is the largest Korean steel pipe manufacturer[7][1] and its 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 inPohang,Gunsan,Suncheon andChangwon.

Management

[edit]

As of 2022, SeAh Steel Holdings corporate leadership is headed by President and CEOLee 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 into the renewable energy market by creating the UK-based subsidiarySeAh Wind's offshore wind foundation factory inTeesside,UK.

Other affiliates

[edit]
  • Domestic

SeAH Coated Metal

  • Overseas

SeAH Steel America
State Pipe & Supply
SeAH Steel USA
SeAH Japan
SeAH Steel Vina
Vietnam Steel Pipe
SeAH Steel UAE
INOX TECH (SeAH Steel Europe)
SeAH Steel Indonesia
Landmark Steel
SeAH Wind

References

[edit]
  1. ^abc"SeAH Steel to demerge into holding, operating entities - Pulse by Maeil Business News Korea".pulsenews.co.kr (in Korean). Retrieved4 September 2020.
  2. ^"SeAH acquires two US steel mills".The Korea Times. 30 November 2016. Retrieved4 September 2020.
  3. ^"SeAH Steel Holdings starts operation of new steel pipe mill in Vietnam - Pulse by Maeil Business News Korea".m.pulsenews.co.kr (in Korean). Retrieved4 September 2020.
  4. ^"Ras Al Khaimah ruler opens 70mn SeAH Steel plant".Construction Week Online Middle East. 10 April 2011. Retrieved4 September 2020.
  5. ^"SeAH steel Buys Italian Specialty Steel Pipe Supplier".The Korea IT Times (in Korean). 11 February 2014. Retrieved4 September 2020.
  6. ^Lee, Danbee (7 July 2022)."Works start on SeAH's Teesside monopile plant".KOREAN INVESTORS. Retrieved7 July 2022.
  7. ^박, 상수 (6 February 2007)."(LEAD) POSCO forges strategic alliance with SeAH Steel".Yonhap News Agency. Retrieved4 September 2020.
  8. ^"SeAH Steel Corp - Company Profile and News".Bloomberg.com. Retrieved4 September 2020.
  9. ^"Lee Joo-sung Named President & CEO of SeAH Steel Holdings".The Wall Street Journal. 15 February 2022.ISSN 0099-9660. Retrieved29 March 2022.
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