POSCO

POSCO
Native name
포항종합제철 주식회사
(Until 2002)
주식회사 포스코
(Since 2002)
Revised RomanizationPohang Jonghap Jecheol Jusikhoesa
(Until 2002)
Jusikhoesa Poseuko
(Since 2002)
Company typePublic
KRX: 005490
NYSEPKX
(POSCO Holdings Inc.)
IndustrySteel
Industrial manufacturing
FoundedApril 1968; 56 years ago (1968-04)
FounderPark Tae-Joon
HeadquartersPohang, South Korea
Area served
Worldwide
Key people
Choi Jeong-Woo
(Chief Executive Officer)
ProductsSteel, flat steel products, long steel products, wire products, plates
RevenueIncrease KRW 75.16 trillion (2021)[1]
Increase KRW 9.25 trillion (2021)[1]
Increase KRW 7.22 trillion (2021)[1]
Total assetsIncrease KRW 79.08 trillion (2020)[1]
Total equityIncrease KRW 47.68 trillion (2020)[1]
OwnerNational Pension Service (6.38%)
Number of employees
29,648 (2009)
SubsidiariesPOSCO International

POSCO Chemical

POSCO E&C
Websitewww.posco.co.kr

POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel manufacturer headquartered in Pohang, South Korea. It had an output of 42,000,000 metric tons (41,000,000 long tons; 46,000,000 short tons) of crude steel in 2015, making it the world's sixth-largest steelmaker by this measure.[2] In 2010, it was the world's largest steel manufacturing company by market value.[3] Also, in 2012, it was named as the world's 146th-largest corporation by the Fortune Global 500.[4]

POSCO currently operates two integrated steel mills in South Korea, in Pohang and Gwangyang. POSCO previously operated a joint venture with U.S. Steel, USS-POSCO Industries, in Pittsburg, California, United States, but U.S. Steel acquired full ownership of the facility in February 2020.

  1. ^ a b c d e "Key Statistics". finance.yahoo.com. Retrieved 2011-04-02.
  2. ^ "World Steel Association - Top steel-producing companies". Archived from the original on 2016-07-19. Retrieved 2016-07-19.
  3. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2012-06-18. Retrieved 2012-05-18.{{cite web}}: CS1 maint: archived copy as title (link)
  4. ^ "Global 500 Companies 101-200 - Fortune". CNN.