HISTORY
At SeAH, we are setting coordinates for tomorrow based on the lessons learned from the past, and gathering our unrelenting resolve and accumulated wisdom to cultivate an invaluable future.
Taking huge strides toward becoming a global steel manufacturing brand
SeAH has recently marked its 60th anniversary. Over the past few years, we have focused heavily on finding a path to sustainable growth. Internally, we have undergone continuous change and brought forth innovations that have advanced our high-value added production capabilities and world-class competitiveness, in line with the inflow of introduced changes. Externally, we are continuing to expand the scope of new opportunities and possibilities by actively making inroads into world markets.
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2022
- Feb
- SeAH Woon Hyung Lee Foundation holds its 7th regular concert (contactless): Opera “Lucia di Lammermoor” by Gaetano Donizetti
- Apr
- SeAH Besteel changes the organization structure to a holding company and is renamed SeAH Besteel Holdings
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- Jul
- SeAH Gulf Special Steel Industries is established in Saudi Arabia (a seamless steel tube production orporation)
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2021
- Feb
- SeAH participates in the steel industry’s ‘2050 Joint Declaration of Carbon Neutral’
- SeAH Wind is established in the UK (a manufacturer of offshore wind turbine substructures)
- Mar
- SeAH Steel issues its first ESG green bonds
- SeAH Woon Hyung Lee Foundation holds its 6th regular concert (contactless): Opera “The Marriage of Figaro” by Wolfgang Amadeus Mozart
- SeAH Global India is established in India (a special steel sales corporation)
- Jun
- SeAH Steel’s R&D Center is designated an internationally accredited testing institution
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- Jul
- SeAH Group introduces compliance management
- SeAH Global Japan is established (a special steel sales corporation)
- Aug
- SeAH Special Steel opens the Technology Research Institute
- Sep
- SeAH holds a ceremony for the launching of a joint venture between SeAH CSS and the Saudi Arabian Industrial Investments Company (a seamless steel tube production corporation)
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2020
- Feb
- SeAH CTC, a joint venture with China, is established (a seamless steel tube production corporation)
- Mar
- SeAH Besteel acquires Arconic Korea. (currently SeAH Aerospace & Defense, an aluminum extrusion production corporation)
- Jun
- VNTG is established (a new SeAH network ITO business spin-off)
- Jul
- SeAH Steel opens an R&D Center in the Pohang plant
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- Aug
- SeAH Steel acquires the Gwangyang plant of Shintek (currently Suncheon Offshore plant)
- SeAH Steel signs an MOU for an offshore wind project with the UK government
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- Nov
- SeAH M&S Vietnam is established (a production corporation of non-ferrous metals such as molybdenum alloys)
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2019
- Mar
- SeAH Woon Hyung Lee Foundation holds its 5th regular concert: Opera “Rigoletto” by Giuseppe Verdi
- Jun
- SeAH CSS is registered as a Saudi Aramco vendor (a large-diameter seamless stainless steel pipes)
- Completed the 2nd SeAH Steel Vina plant
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- Jul
- SeAH Besteel enters the nuclear fuel transport and storage tank (cask) market
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- Aug
- SeAH Global Vina is established (a special steel manufacturing corporation)
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- Sep
- SeAH participates in GASTECH—the largest global oil & gas exhibition
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- Nov
- SeAH participates in ADIPEC—the largest oil & gas exhibition held in the Middle East
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2018
- Mar
- SeAH Woon Hyung Lee Foundation holds its 4th regular concert: Opera “La Traviata” by Giuseppe Verdi
- Aug
- SeAH Steel acquires DONG-A Steel
- Sep
- SeAH Steel changes the organization structure to a holding company and is renamed SeAH Steel Holdings (subsequently, the establishment of a steel pipe business spin-off corporation → SeAH Steel)
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- Oct
- SeAH Global (Thailand) is established (a special steel sales & processing corporation)
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- Nov
- SeAH Holdings is designated “an excellent institution that provides support for culture and arts” by the Ministry of Culture, Sports and Tourism
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2017
- Feb
- SeAH Global Inc. is established in the U.S.
- Mar
- SeAH Woon Hyung Lee Foundation holds its 3rd regular concert: Opera “Faust” by Charles Gounod
- SeAH CSS’s large-diameter seamless stainless steel pipe plant is completed
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- Jul
- SeAH Coated Metal is established (as a spin-off of SeAH Steel’s steel plate business)
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2016
- Feb
- SeAH Global is established in the U.S. (a special steel sales corporation)
- Mar
- SeAH Woon Hyung Lee Foundation holds its 2nd regular concert: ‘Opera Bucket that Makes the World a More Beautiful Place’
- Oct
- SeAH Steel USA is established in the U.S. (a welded steel pipe manufacturing corporation—a first in the U.S. steel pipe industry)
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2015
- Mar
- POSCO Specialty Steel is acquired (currently known as SeAH CSS, a manufacturer of high-grade special steel)
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- Mar
- SeAH Woon Hyung Lee Foundation holds its 1st regular concert: ‘Opera Bucket that Makes the World a More Beautiful Place’
- May
- POS-SeAH Steel Wire (Thailand) is established (a joint venture between SeAH Special Steel and POSCO South Asia)
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2014
- Feb
- INOX TECH, a steel pipe company in Italy, is acquired (a manufacturer of large-diameter, thick-wall welded stainless steel pipes)
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- Oct
- SeAH Besteel’s Changnyeong plant is completed
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- Dec
- SeAH Steel is awarded the ‘$600 Million Export Tower’ distinction
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2013
- Jan
- SeAH declares its re-established core values: honest, passionate, professional
- SeAH’s headquarters for planning, sales, and marketing move to SeAH Tower (an integrated office building located in Mapo-gu, Seoul, Korea)
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- Apr
- Chairman Lee Soon Hyung takes helm of the company
- Jul
- SeAH Steel’s JCOE plant in Pohang is completed (specialized in the production of thick-wall welded steel pipes)
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- Aug
- SeAH Woon Hyung Lee Foundation is established
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- POS-SeAH Steel Wire (Tianjin) is established in China (a joint venture between SeAH Special Steel and POSCO China)
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- Dec
- SeAH Logistics’ company name is changed to SeAH L&S after merging with Haiduk Steel
Expanding the levels of expertise and workforce diversity
SeAH has continued its relentless growth by not settling for what it was already good at, but by continuously taking on challenges with demonstrated potential. Based on solid foundations of established trust and reputation, SeAH entered the special steel business with confidence and kept up momentum with courageous moves into the world markets.
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2012
- Mar
- SeAH Steel acquires SPP Steel Pipes. (The current Suncheon plant, specialized in the manufacturing of large-diameter thick-wall welded stainless steel pipes)
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- Dec
- SeAH Steel is awarded the ‘$500 Million Export Tower’ distinction
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2011
- Apr
- SeAH Steel hosts a ceremony for the completion of its UAE plant
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- SeAH Steel’s Gunsan CCL Plant 2 is completed (currently part of SeAH Coated Metal)
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- Jun
- SeAH Special Steel is listed on the Korean securities market
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- Nov
- Seven teams from SeAH Group are awarded at the National Quality Management Competition, and SeAH Besteel is awarded the Iron Tower for Merit of Industrial Service (Kim Byeong Ryang) distinction
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2010
- Feb
- SeAH Steel UAE, a local subsidiary in the UAE, is established (a company specialized in the manufacturing of large-diameter thick-wall API steel pipes)
- Sep
- SeAH Besteel launches its heavy forging business and hosts an integrated completion ceremony
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- Oct
- SeAH Steel holds a concert to celebrate SeAH Group’s 50th anniversary
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- Dec
- KwangYang Ferroalloy is acquired (currently known as SeAH M&S, a manufacturer of non-ferrous metals such as molybdenum alloys)
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2009
- Mar
- SeAH Steel Vina completes Vietnam’s first 8-inch API steel pipe plant
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- May
- SeAH Steel’s Gunsan plant is completed (specialized in the production of base for small-diameter welded steel pipes for domestic demand)
- Jun
- SeAH Steel begins production of ultra-thick-wall high-strength welded steel pipes
- Nov
- Five of SeAH Group’s divisional units are awarded at the National Quality Management Competition, and SeAH Besteel is awarded the Silver Tower for Merit of Industrial Service (Lee Seung Hwi) distinction
- SeAH Steel is awarded the ‘$400 Million Export Tower’ and the Silver Tower for Merit of Industrial Service (Lee Howard Hwi Ryeong) distinctions
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2008
- Nov
- SeAH Special Steel is awarded the Innovation in Production award (in the corporate sector) at the National Quality Management Competition
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- Dec
- SeAH Steel is awarded the ‘$300 Million Export Tower’ distinction, a first for the steel pipe industry in Korea
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2007
- Jun
- POS-SeAH Steel Wire Nantong (a local subsidiary in China that manufactures special steel wires), and SeAH Automotive Nantong (a local subsidiary in China that manufactures automobile parts)are established in China
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2005
- Jan
- SeAH introduces an ethical management system
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- Nov
- SeAH Steel is awarded the ‘$200 Million Export Tower’ distinction, a first for the steel pipe industry in Korea, and the Bronze Tower for Merit of Industrial Service (Lee Jong Yeong) distinction
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2003
- Nov
- SeAH Steel is awarded the Creative Award at the Mecenat Awards ceremony
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- Dec
- Kia Special Steel is acquired (currently known as SeAH Besteel—Korea’s largest special steel manufacturer)
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2001
- Jul
- The holding company SeAH Holdings is established (subsequently, SeAH Steel’s investment division is spun-off)
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2000
- Mar
- SeAH Iron changes its name to SeAH Metal.
- SeAH Steel develops Korea’s first corrosion-resistant oil pipeline, ‘X65’
- Oct
- SeAH Steel’s head office is relocated to Bongrae-dong, Seoul
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1999
- Jul
- SeAH Steel develops Korea’s first welded duplex stainless steel pipe
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1998
- May
- SeAH Steel launches its pre-painted steel sheet business, and the Gunsan steel plate plant is completed (currently part of SeAH Coated Metal)
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1996
- Jan
- The group name is officially changed to ‘SeAH’
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- SeAH Metal’s Changwon plant is completed
- May
- SeAH Steel Cup for World Women’s Challenger Tennis Competition is established and sponsored (the competition was held for a period of 10 years)
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1995
- Jan
- Pusan Pipe’s Beijing office is established
- Feb
- Pusan Pipe Japan is established (currently known as SeAH Japan)
- Aug
- Saigon Steel Pipe is established (currently known as SeAH Steel Vina)
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- Dec
- Pusan Pipe’s Changwon plant is completed (specialized in the production of base for welded stainless steel pipes)
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1994
- Mar
- Pusan Pipe acquires the stainless steel wire business of Sammi Metal (currently known as SeAH Metal)
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1993
- May
- Pusan Pipe establishes Vietnam Steel Pipe, a joint venture with Vietnam
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1992
- Dec
- SeAH Haiam Art & Science Scholarship Foundation is established
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1990
- Jan
- Pusan Pipe acquires State Pipe & Supply, a US welded steel pipe distributor
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1988
- May
- Pusan Pipe acquires Changwon Steel
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1987
- Jan
- Pusan Pipe launches the first technology research institute in the steel pipe industry
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1985
- Jan
- Pusan Pipe relocates its head office to Yongsan, Seoul
- Pusan Pipes launches the production of Korea’s first pre-insulated pipes
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1983
- Jun
- Pusan Pipe produces Korea’s first API X70 pipes and develops welded steel pipes for LNG transport
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1982
- Jun
- Pusan Pipe’s Seoul plant and Pohang plant are designated as Class-1 quality management plants by the Industrial Development Administration
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1981
- Dec
- Pusan Pipe is awarded the ‘$100 Million Export Tower,’ a first for the steel pipe industry in Korea, and the Gold Tower for Merit of Industrial Service (Lee Woon Hyung) distinctions
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1980
- Jan
- Chairman Lee Woon Hyung takes helm of the company
- Apr
- Pusan Pipe is selected as a Key National Industry
Laying foundations on a cornerstone
SeAH’s story started with Pusan Steel Pipe Industrial in 1960. President Lee Jong-deok, a pioneer in Korea's steel industry, envisioned his company to become a cornerstone that would anchor Korea’s industrial development and would in time expand its presence into global markets beyond Asia. He engraved his vision in the company name with the unrelenting resolve to never forget it.
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1979
- Feb
- Haiduk Transportation is established (currently SeAH L&S)
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- Mar
- Pusan Pipe adopts the American Petroleum Institute’s API designation system (‘5A’ for casing & tube steel pipes; ‘5LX’ for high-pressure oil pipelines; and ‘5L’ for general oil pipelines)
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1978
- Aug
- The company establishes Pusan Pipe America, a local subsidiary in the U.S. (currently known as SeAH Steel America, a company specializing in the distribution and sales of welded steel pipes)
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- Oct
- Pusan Pipe’s Pohang plant is completed (plant 1)
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1976
- Nov
- The first Pusan Pipe’s magazine is published
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1975
- Feb
- The company changes its name to Pusan Pipe (currently known as SeAH Steel Holdings)
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1973
- Oct
- Pusan Steel Pipe Industrial begins the production of spiral steel pipes
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1971
- Aug
- Pusan Steel Pipe Industrial relocates its head office to Seoul
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1970
- Mar
- Pusan Steel Pipe Industrial’s Seoul plant is completed (the plant eventually closes in August, 1996)
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1969
- May
- Pusan Steel Pipe Industrial is officially introduced to the public
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1967
- Aug
- Pusan Steel Pipe Industrial exports to the U.S. for the first time in Korean steel pipe industry
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1965
- Mar
- Pusan Steel Pipe Industrial acquires the Korean Industrial Standards’ KS marking license (applicable to conduits and steel pipes for plumbing)
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1960
- Oct
- Pusan Steel Pipe Industrial is established (currently known as SeAH Steel Holdings)
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