|Company type||Public (NYSE - PKX, LSE - PIDD, TYO - 5412, Kse - 005490)|
|Headquarters||Pohang, South Korea|
|Key people||Park Tae-Joon,|
Founder and Honorary Chairman
Chief Executive Officer
Chief Financial & Planning Officer
Chief Staff Officer
Head of Stainless Steel Business Division
Head of Carbon Steel Business Division
Chief Technology Officer
Head of Growth and Investment Division
Chief Risk Management Officer
Chief Marketing Officer
|Products||Hot 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)|
|Employees||29,648 (2009)|| |
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.