Seah Steel Holdings

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.

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)
ProductsSteel pipes and steel sheets
Revenue KRW 9,845,885,045 (2019)
Number of employees
733 (2017)
SubsidiariesSeAH Steel
Websitehttp://www.seahsteel.co.kr

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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