PROFILE |
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There's a lot of steel on China Steel's plate. Taiwan's only integrated steelmaker, the company makes products used in items ranging from hand tools to bridges. Its steel plates go into ships; wire rods become nuts, bolts, and hand tools; steel sheets end up as auto parts; and cold-rolled coils are used in steel furniture and home appliances. China Steel, which conducts some 80% of its business in Taiwan, began as a private enterprise, later became a state-owned corporation, and then was privatized (although the government retains more than 40% of the company). The economically troubled Asian market has forced the company to adjust prices and reduce production.
COMPETITION |
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Shanghai Baosteel Group Corporation (dossier)
Nippon Steel Corporation (5401)
Pohang Iron & Steel Co., Ltd. (PKX)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 3,044.20
1-Yr. Sales Growth: 6.3%
Employees: 8,994
Revenue per employee: $338,470.09
KEY PEOPLE |
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J. Y. Chen
CEO
L. M. Chung
CFO
CONTACT INFO |
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1 Chung-Kang Rd., Hsiao Kang District
Kaohsiung 81233, Taiwan
Phone: 886-7-802-1111
Fax: 886-7-802-2511
Online: Web Site
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