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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]
SeAH Holdings (Korean: 세아홀딩스) is a South Korean diversified holding company. Headquartered in Seoul, South Korea, it was split from SeAH Steel Corporation in 2001. Lee Tae-sung is its CEO. [1] The company's main business area is special steel. Its current investments include SeAH Besteel, SeAH CSS, SeAH Special Steel and SeAH Metal ...
Lee started working at SeAH Japan in 2006, and became Head of Strategic Planning at SeAH Holdings in 2009. [8] When his father, chairman Woon-Hyung Lee died in 2013, Lee Tae-sung inherited his father's shares in SeAH Holdings and SeAH Steel and became the group's largest shareholder. [9]
US Steel Corporation workers rally outside the company's headquarters in Pittsburgh, Pennsylvania, supporting the takeover by Japan's Nippon Steel, on September 4, 2024.
WASHINGTON (Reuters) -The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday, giving them some time ...
U.S. Steel slid 6.4% after President Joe Biden blocked Nippon Steel's proposed $14.9 billion purchase of the company. Advancing issues outnumbered decliners by a 2.58-to-1 ratio on the NYSE and by ...
SeAH Steel Corp. Lee Joo-sung ( Korean : 이주성 ; born 1978) is a South Korean businessman. [ 1 ] He is the President and CEO of SeAH Steel Holdings , a large Korean steel conglomerate, since January 2022, and the largest shareholder of the company.
Nippon Steel's bid for U.S. Steel is central to the Japanese company's global expansion plan. It was blocked last month by then-U.S. President Joe Biden, citing national security.