History of China Steel Corporation - Taiwan.
You are here: www.steelonthenet.com > kb > history-csc.html

History of the China Steel Corporation


China Steel Corporation (CSC) is located in Siaogang District, Kaohsiung, Taiwan. In 2018, CSC was the 22nd largest steelmaker in the world, producing ~16 million tonnes (mt) of steel.

The timeline below covers the history of the firm.

  • 1971: China Steel Corporation founded 1971 by Taiwan government.
  • 1972: Kaohsiung Plant Site Office established.
  • 1974: Construction of steel works begins.
  • 1975: Head office relocates from Taipei to Kaohsiung.
  • 1977: Phase I construction work ends. Plant capacity is 1.5mt/yr.
  • 1978: Invests in subsidiary named China Steel Structure Co Ltd (CSSC).
  • 1995: CSC is privatised on 12th April.
  • 1998: Establishes China Steel Management Consulting Corporation.
  • 2000: Invests in Yieh Loong Enterprise Co Ltd.
  • 2001: Creates new subsidiary - China Steel Machinery Corporation.
  • 2004: CSC invests in Kuei-Yi Industrial Co.
  • 2006: Liquid steel capacity approaches ~10 mt / year.
  • 2008: Acquires Dragon Steel Corporation.
  • 2009: Sets up China Steel Sumikin Vietnam jv.
  • 2011: Acquires Changzhou Xinzhong Precision Alloy Forging Products Co.
  • 2011: Set up China Steel Corp India Pvt Ltd in October.
  • 2012: Invests in China Steel Precision Metals Qingdao Co Ltd.
  • 2014: Invests in United Steel Engineering & Construction Co Ltd.
  • 2014: China Steel Resources Corporation is established.
  • 2015: Starts electrical steel plant in Dahej, India.
  • 2015: Raises stake in Formosa Ha Tinh Steel.
  • 2017: Signs offshore wind farm MoU with Orsted.

Notes
  • 1971: When founded, CSC head office was in Taipei. Today, the HQ and steel plant are located in Siaogang District, Kaohsiung, Taiwan.
  • 1978: A key CSSC raw material was steel plate. This was purchased from CSC for the manufacture of steel structures for the construction purposes (typically infrastructure projects).
  • 2004 Yieh Loong Enterprise Co Ltd officially renamed as the Chung Hung Steel Corporation.
  • 2004: The Kuei-Yi Industrial Co renamed The Dragon Steel Corporation in July 2004.
  • 2011: Changzhou Xinzhong Precision Alloy Forging Products Company - a producer of special alloys - was later renamed as Changzhou China Steel Precision Materials Co.
  • 2015: Commissioning of CSC's $237 cold rolled electrical steel mill, which os located in a Gujarat industrial development park, took place in January 2015. The facility includes an annealing line and a coating line, and produce 200,000 tonnes a year of electrical steel.


Back to Knowledge Base Index kb index