The story
Founded by Chao Yao-dong on Dec 1971.1
China Steel was planned and organized in 1960s and the corporation was officially established on December 3, 1971. Its adoption of the continuous casting production process, which was later computerized, obtained for the company international competitiveness. On November 1, 1974, CSC began the first stage of construction. Its head office was located in Taipei between 1971 and 1975, but translocated to Kaohsiung since September 15, 1975.
The first blast furnace was launched on June 27, 1977. A few months later, the first stage of the building plan of the steel mill was accomplished. The second and the third stage were subsequently accomplished in 1982 and 1988, respectively. Presently, the company has a total of four blast furnaces.
CSC was started as a non-governmental company. It once transformed into a state-owned company on July 1, 1977, and subsequently re-privatized on April 12, 1995. Although CSC is a de jure non-governmental company at present, the Government of the Republic of China (Taiwan) still owns a large portion of its stocks, thus the chairman of the company is appointed by the government.
From Wikipedia’s article on China Steel, shared under CC BY-SA 4.0.3