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Company namePOSIL
Company typePublic (NYSE - PKX, LSE - PIDD, TYO - 5412, Kse - 005490)
HeadquartersPohang, South Korea
Key peoplePark Tae-Joon,
Founder and Honorary Chairman
Chung Joon-Yang,
Chief Executive Officer
Choi Jong-Tae,
Chief Financial & Planning Officer
Park Han-Yong,
Chief Staff Officer
Oh Chang-Kwan,
Head of Stainless Steel Business Division
Kim Jin-Il,
Head of Carbon Steel Business Division
Cho Noi-Ha,
Chief Technology Officer
Yoon Yong-Won,
Head of Growth and Investment Division
Park Ki-Hong,
Chief Risk Management Officer
Shin Jung-Suk,
Chief Marketing Officer
ProductsHot Rolled Steel, Steel Plate, Wire Rod, Cold Rolled Steel, Electrical Steel, Stainless Steel
Revenue(+) US$ 31.6 billion (2010)
Operating income(+) US$ 2.5 billion (2010)
Net income(+) US$ 2.8 billion (2010)
Employees29,648 (2009)

     Home | Company | POSCO

The Pohang Iron and Steel Company, or POSCO (Kse - 005490) (Nyse - PKX) (Tyo - 5412) (Lse - PIDD), based in Pohang, South Korea, is the world's third-largest steel maker by market value and Asia’s most profitable steelmaker.

Currently, POSCO operates two steel mills in the country, one in Pohang and the other in Gwangyang. In addition, POSCO operates a joint venture with U.S. Steel, USS-POSCO, which is located in Pittsburg, California.

With the strong Korean shipbuilding and automobile industry dependent on POSCO for steel, it has been seen as the bedrock of Korea's industrial development over the past 40 years.

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