POSCO (Korea: 005490)

POSCO Center, 892 Daechi-4-dong, Gangnam-gu
Seoul, 135-777, South Korea
Phone: +82-2-3457-0975
Fax: +82-2-3457-1982
Primary US Office:
Subscribers Only
http://www.posco.co.kr

Hoover's coverage by Mark Richardson

Overview

POSCO has steeled itself for any set of business conditions. The company makes hot- and cold-rolled steel products (plate steel, stainless steel, electrical steel, and wire rods), which it sells to the auto and shipbuilding industries. It produces more than 30 million tons of steel a year, making it the world's #3 steelmaker behind the combined ArcelorMittal and Nippon Steel. Subsidiaries include POSCO Engineering & Construction (which builds steel plants, steel-related infrastructure, and energy facilities) and POSDATA (systems integration). The South Korean government privatized its stake in POSCO in 2001, ending the company's 30-year steelmaking monopoly.

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Key Numbers from Hoover's UK

Key financials for POSCO (Korea: 005490)

Company Type Public (Korea: 005490; NYSE: PKX [ADR])
Fiscal Year-End December
2010 Sales (mil.) £34,571.1
1-Year Sales Growth 69.2%
2010 Net Income (mil.) £2,383.9
1-Year Net Income Growth 33.6%
2010 Employees 33,557
1-Year Employee Growth 12.6%
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Key People from Hoover's UK

Key people and executives for POSCO (Korea: 005490)

CEO and Director Chung Joon-Yang
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President, Chief Financial and Planning Officer, and Director Choi Jong-Tae
EVP and CTO Cho Noi-Ha
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Top Competitors from Hoover's UK

Top competitors of POSCO (Korea: 005490)

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Industry Information from Hoover's UK

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of POSCO (Korea: 005490)

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Rankings from Hoover's UK

See how POSCO (Korea: 005490) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones

  • #203 in FT Global 500 (June 2011)
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