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POSCO Center, 892 Daechi-4-dong, Gangnam-gu Seoul 135-777, South Korea Tel. +82-2-3457-0975 Fax +82-2-3457-1982 |
Type: Public
On the web:
http://www.posco.co.kr
Employees:
33,557
Employee growth: 12.6%
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.
Key numbers for fiscal year ending December, 2010:
Sales: $53,482.6M
One year growth: 69.2%
Net income: $3,687.9M
Income growth: 33.6%
Officers:
CEO and Director: Chung Joon-Yang
President, Chief Financial and Planning Officer, and Director: Choi Jong-Tae
EVP and CTO: Cho Noi-Ha
Competitors:
ArcelorMittal
Hyundai Steel
Nippon Steel
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