SeAh Steel Holdings

SeAH Steel Holdings
Native name
세아제강지주
TypePublic
KRX: 003030
IndustrySteel pipe
Founded1960
FounderLee Jong-Deok
HeadquartersSeAH Tower, 45, yanghwa-ro, Mapo-gu,
Seoul
,
South Korea
Key people
  • Howard Lee (CEO)
  • Seok-il Kim (President)
  • Lee Joo-sung (Vice President)
ProductsSteel pipes and steel sheets
Revenue KRW 9,845,885,045 (2019)
Number of employees
733 (2017)
SubsidiariesSeAH Steel
Websitehttp://www.seahsteel.co.kr

SeAH Steel Holdings (formerly SeAH Steel Corporation) is a South Korean Holding Company focused on the steel pipe business. It was founded as a steel manufacturer in 1960 by Lee Jong-Deok with the name of Pusan Steel Pipe Industry Corporation. It is located in Seoul, South Korea.

In 2018, the SeAH Steel Corporation demerged into two separate entities, SeAH Steel Holdings, for investment, and SeAH Steel, which kept the steel manufacturing activities.[1]

The company operates seven steel mills worldwide including 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.

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[9]

References
  1. "SeAH Steel to demerge into holding, operating entities - Pulse by Maeil Business News Korea". pulsenews.co.kr (in Korean). Retrieved 4 September 2020.
  2. "SeAH acquires two US steel mills". koreatimes. 30 November 2016. Retrieved 4 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). Retrieved 4 September 2020.
  4. "Ras Al Khaimah ruler opens 70mn SeAH Steel plant". Construction Week Online Middle East. Retrieved 4 September 2020.
  5. "SeAH steel Buys Italian Specialty Steel Pipe Supplier". Korea IT Times (in Korean). 11 February 2014. Retrieved 4 September 2020.
  6. Lee, Danbee. "SeAH Steel to build biggest offshore wind turbine monopile facility in UK". KOREAN INVESTORS. Retrieved 4 September 2020.
  7. 박상수 (6 February 2007). "(LEAD) POSCO forges strategic alliance with SeAH Steel". Yonhap News Agency. Retrieved 4 September 2020.
  8. "SeAH Steel Corp - Company Profile and News". Bloomberg.com. Retrieved 4 September 2020.
  9. "SEAH GROUP". www.seah.co.kr. Retrieved 4 September 2020.
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