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.
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 | 3,953,834,150,660 KRW (2022) |
Number of employees | 733 (2017) |
Subsidiaries | SeAH Steel |
Website | http://www.seahsteel.co.kr |
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 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.
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.