BNET Industries
Market Cap:$43.5B
Last Fiscal Year Sales:$34.7B
- Public
Dow Jones Description
POSCO proves that, even in Korea, old monopolies can modernize. Founded in 1968 and headquartered in Seoul, South Korea, POSCO (NYSE: PKX (ADR); SEO: 005490) manufactures and sells steel products. The company produces 31 million tons annually, sold mostly to the auto and shipbuilding industries. It makes plate steel, stainless steel, electrical steel, and wire rods. Its stainless steel products are sold to buyers in the chemical, paper mills, aviation, automobile, construction, and food processing industries. The company has annual revenue of about $27.3 billion and employs about 28,853 people. Among the awards the company received in 2005 were Business Week's ranking of No. 6 on the list of The Best Asian Performers and Forbes' selection as One of Asia's Fab 50 Companies.
Number of Employees 1,000
Contact Information
1 Koedong-Dong Nam-Gu
Kyongsangbuk-Do
Pohang 790-600
(82) 54 220 0114
Peer Companies
NAICS Code All Other Petroleum and Coal Products Manufacturing: 324199
Recent Events
-
Yearender S. Korean steel industry set for bumper year in 2010
-
BRIEFING - ASIA SHIPPING - DEC 16, 2009
-
POSCO NOT INTERESTED IN DAEWOO SHIPBUILDING: CEO
-
POSCOE&C-IPO/URGENT
-
POSCO BUILDS STEEL PLANT IN VIETNAM TO MEET GROWING DEMAND
-
S. KOREAN CO POSCO Q3 NET SLIPS 6.3 PCT ON LOWER STEEL PRICES
-
Seoul shares hit 2-mth low; POSCO dives on Q4 woes
-
Asia Markets Await U.S. Earnings
-
Goldman Sachs Upgraded POSCO PKX to Conviction Buy
-
RPT-UPDATE 1-Thainox big shareholder in sale talks, stock surges
-
Korea, South:POSCO in talks to acquire the largest stainless steel producer in Thailand
-
South Korean Market Trades Firm; Shipbuilders, Steel Stocks Rally
-
South Korea Freight Transport: Overall Freight Carried Will Grow By A Reduced Annual Average Of...
-
S.KOREA STEELMAKER POSCO TO LAUNCH TITANIUM JV IN KAZAKHSTAN
-
Seoul shares seen lower; SK Telecom, POSCO eyed
-
David Moenning's Daily State of the Markets: Different This Time Around?
-
Seoul shares retreat on exporters, energy issues
News & Analysis
Filter by
posco and rio tinto - All News and Analysis
Iron ore prices to rise.(Brief article)
- 2006-12-14
By Staff Iron ore prices will be up next year, but how far remains a question. Rio Tinto's CEO Sam Walsh says iron ore prices will rise for the fifth straight year in 2007 after hitting record peaks in 2006. POSCO, the...
Orissa mines may have one suitor too many.
- 2005-08-08
Byline: Sudha Nagaraj Aug. 8--NEW DELHI -- Are iron ore-rich states guilty of promising the same resources to multiple parties? Worse still, are they merrily holding up the bait of iron ore mines that are already locked in litigation? On the...
Strong, but squeezed; Steel.(Has the steel industry peaked?)
- 2005-01-08
Steelmakers' prices have soared, but their costs are rising FOR the world's steelmakers, 2004 was a miraculous year of rising demand and soaring prices. They expect more of the same in 2005, and short of a sudden world or merely Chinese slowdown, they may...
BHP to spend $1bn on expanding Mining Area C.
- 2002-04-03
Apr 03, 2002 The Daily Telegraph ABIX via COMTEX -- The iron ore Mining Area C in Western Australia is to be subjected to a $A1bn capital expenditure upgrade. BHP Billiton and South Korea's Pohang Iron & Steel Company Posco, will invest the funds...
Bulk carriers combine to support USD500m metals and mining deal.
- 2002-01-04
M2 PRESSWIRE-4 January 2002-BOLERO.NET: Bulk carriers combine to support USD500m metals and mining deal C1994-2002 M2 COMMUNICATIONS LTD RDATE:04012002 bolero.net, the emerging standard for international trade, today announced that five Korean bulk carriers had signed up to the system....
Mining giants unite on single Internet platform -- Live transactions planned for Q3 2001.
- 2001-08-31
M2 PRESSWIRE-31 August 2001-BOLERO.NET: Mining giants unite on single Internet platform -- Live transactions planned for Q3 2001 C1994-2001 M2 COMMUNICATIONS LTD RDATE:31082001 In a global first, four giants in the metals and mining industry have announced that they are to...
- 1
| Volume | 322,979 |
| Shares Outstanding | 348.7M |
| Market Cap | 43.5B |
| Year High | 150.50 |
| Year Low | 47.090 |
| Earnings Per Share | 13.17 |
| P/E Ratio | 9.4920 |
| Dividend | 1.30 |
| Yield | 1.0466 |
Industry Transcripts by Seeking Alpha
-
Steelcase Incorporated Q3 2010 Earnings Call Transcript
on Dec 18, 2009about SCS
-
Quiksilver Inc. F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 17, 2009about ZQK
-
NIKE, Inc. F2Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about NKE
-
Actuant Corp. F1Q10 (Qtr End 11/30/2009) Earnings Call Transcript
on Dec 17, 2009about ATU
-
Apogee Enterprises F3Q10 (Qtr End 11/28/09) Earnings Conference Call Transcript
on Dec 17, 2009about APOG
Glass Door
Manufacturing Industry Companies
| Company | Employer Rating |
| Alcoa |  |
| United Technologies | |
| BAE SYSTEMS (United Kingdom) | |
| Textron |  |
| Boeing | |
IndustryTop Rated
- Google Offers Free Downloads of a Million Books 11 votes
- InsideView Disrupts Legacy Business Info Publishers Like Hoover's 9 votes
- Mobile is the New Mass Medium, For Better or Worse 8 votes
- As Income Mobility Falls, American Dream Fades 7 votes
- Predictions for 2010 Worth Listening to, from Craig, Jimmy and Alec 6 votes
Presented by American Express