SeAh Steel Holdings
 | |
 | |
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 |
|
| Products | Steel pipes and steel sheets |
| Revenue |  3,953,834,150,660
KRW (2022) |
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, a 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] And now construction works have got underway for SeAH Wind's offshore wind foundation factory in Teesside, 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 in Pohang, Gunsan, Suncheon and Changwon.
Management[edit]
As of 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 into the renewable energy market by creating the UK-based subsidiary SeAH Wind and its construction works have got underway for SeAH Wind's new £400m offshore wind foundation factory in Teesside, UK.
Other affiliates[edit]
- SeAH Coated Metal
- SeAH Steel America
- State Pipe & Supply
- SeAH Steel USA
- SeAH Steel UAE
- SeAH Japan
- SeAH Steel Vina
- SeAH Wind
- Vietnam Steel Pipe
- INOX TECH (SeAH Steel Europe)
- SeAH Steel Indonesia
- Landmark Steel[10]
References[edit]
- ^ 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. "Works start on SeAH's Teesside monopile plant". KOREAN INVESTORS. Retrieved 7 July 2022.
- ^ 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". The Wall Street Journal. 15 February 2022. ISSN 0099-9660. Retrieved 29 March 2022.
- ^ "SEAH GROUP". www.seah.co.kr. Retrieved 4 September 2020.