POSCO
POSCO Tower, Seoul | |
Native name | |
|---|---|
| Korean name | |
| Hangul | 주식회사 포스코 |
| RR | Jusikhoesa Poseuko |
| MR | Chusikhoesa P'osŭk'o |
| Formerly | 포항종합제철 주식회사 (until 2002) |
| Company type | Public |
| KRX: 005490 NYSE: PKX (POSCO Holdings Inc.) | |
| Industry | Steel Industrial manufacturing |
| Founded | April 1968 |
| Founder | Park Tae-Joon |
| Headquarters | Pohang, South Korea |
Area served | Worldwide |
Key people | Kim Hak-dong (Chief Executive Officer) |
| Products | Steel, flat steel products, long steel products, wire products, plates |
| Revenue | KRW 75.16 trillion (2021) |
| KRW 9.25 trillion (2021) | |
| KRW 7.22 trillion (2021) | |
| Total assets | KRW 79.08 trillion (2020) |
| Total equity | KRW 47.68 trillion (2020) |
| Owner |
|
Number of employees | 29,648 (2009) |
| Subsidiaries | POSCO International POSCO E&C |
| Website | 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 Seventh-largest steelmaker by this measure. In 2010, it was the world's largest steel manufacturing company by market value. Also, in 2024, it was named as the world's 233rd-largest corporation by the Fortune Global 500.
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.