POSCO (Exchange: Korea)

POSCO Center 892, Daechi-dong, Gangnam-gu
Seoul, 135-777, South Korea
Phone: +82-2-3457-0114
Fax: +82-2-3457-0114
Primary US Office:
Subscribers Only
http://www.posco.co.kr

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 (Exchange: Korea)

Company Type Public (Exchange: Korea; NYSE: PKX [ADR])
Fiscal Year-End December
2008 Sales (mil.) £22,773.7
1-Year Sales Growth (2.3%)
2008 Net Income (mil.) £2,373.3
1-Year Net Income Growth (12.5%)
2008 Employees 28,543
1-Year Employee Growth 0.0%
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Key People from Hoover's UK

Key people and executives for POSCO (Exchange: Korea)

CEO and Director Chung Joon-Yang
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President and Director Choi Jong-Tae
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President, Chief Investment Officer, and Director Lee Dong-Hee
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Top Competitors from Hoover's UK

Top competitors of POSCO (Exchange: Korea)

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Significant Developments

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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 (Exchange: Korea)

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Rankings from Hoover's UK

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  • #193 in FT Global 500
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