BNET Industries

POSCO

PKX is in the Manufacturing Industry

Market Cap:$41.7B
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

www.posco.co.kr

(82) 54 220 0114

NAICS Code All Other Petroleum and Coal Products Manufacturing: 324199

Recent Events

  • POSCO NOT INTERESTED IN DAEWOO SHIPBUILDING: CEO

    11/09/09 - Merger / Acquisition - View Story

  • POSCOE&C-IPO/URGENT

    10/20/09 - New Investment - View Story

  • POSCO BUILDS STEEL PLANT IN VIETNAM TO MEET GROWING DEMAND

    10/19/09 - Merger / Acquisition - View Story

  • S. KOREAN CO POSCO Q3 NET SLIPS 6.3 PCT ON LOWER STEEL PRICES

    10/14/09 - Merger / Acquisition - View Story

  • Seoul shares hit 2-mth low; POSCO dives on Q4 woes

    10/29/09 - Financial Announcement - View Story

  • Asia Markets Await U.S. Earnings

    10/12/09 - Bond / Stock Rating - View Story

  • Goldman Sachs Upgraded POSCO PKX to Conviction Buy

    10/13/09 - Bond / Stock Rating - View Story

  • RPT-UPDATE 1-Thainox big shareholder in sale talks, stock surges

    10/09/09 - Merger / Acquisition - View Story

  • Korea, South:POSCO in talks to acquire the largest stainless steel producer in Thailand

    10/10/09 - Merger / Acquisition - View Story

  • South Korean Market Trades Firm; Shipbuilders, Steel Stocks Rally

    10/07/09 - Joint Venture / Alliance - View Story

  • South Korea Freight Transport: Overall Freight Carried Will Grow By A Reduced Annual Average Of...

    10/02/09 - Merger / Acquisition - View Story

  • S.KOREA STEELMAKER POSCO TO LAUNCH TITANIUM JV IN KAZAKHSTAN

    9/30/09 - Product Announcement - View Story

  • Seoul shares seen lower; SK Telecom, POSCO eyed

    9/27/09 - New Investment - View Story

  • David Moenning's Daily State of the Markets: Different This Time Around?

    9/25/09 - Bond / Stock Rating - View Story

  • Seoul shares retreat on exporters, energy issues

    9/25/09 - Merger / Acquisition - View Story

  • Posco joins hands with Jupiter

    9/22/09 - Board Member - Entering - View Story

  • POSCO expands auto steel processing plant in Japan

    9/17/09 - Joint Venture / Alliance - View Story

  • Korean Market Recovers After Setback; Banks Rally

    9/11/09 - New Investment - View Story

  • POSCO Power Orders 30.8 MW of FuelCell Energy Modules and Components With Estimated Value of...

    6/09/09 - Joint Venture / Alliance - View Story

News & Analysis

posco and united states steel corp. - All News and Analysis

  • Get a Deep Insight into the World Steel Markets

    - 2008-05-05

    Reportlinker.com announces that a new market research report related to the Metal manufacturing industry is available in its catalogue. World Steel Markets http://www.reportlinker.com/p087369/World-Steel-Markets.html This report analyzes the worldwide markets for Steel in Millions of Metric Tons. The End-use applications for Steel analyzed are...

    Tags: Arcelor, ArcelorMittal, POSCO, Tata Steel Ltd., United States Steel Corp.

  • Nucor Tops List of World-Class Steelmakers.

    - 2002-06-23

    By Andrea Holecek, The Times, Munster, Ind. Knight Ridder/Tribune Business News Jun. 23--NEW YORK -- U.S. Steel Corp. and Nucor Corp. are the only U.S. steel producers among the 13 rated companies rated as world-class steelmakers by two noted steel analysts. ...

    Tags: POSCO, United States Steel Corp.

  • Competing with Korean steel

    - 1999-03-01

    As imports climb and profits dive, the US steel industry has gone on the attack.The country's dozen major integrated steel producers have been inching toward more proficient capacity for 30 years. But with the more efficient minimills taking 50% of their domestic market and deflation driving pricing structures and profits...

    Tags: POSCO, United States Steel Corp.

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PKX $119.83 -4.86 (-3.9% )
Volume 312,816
Shares Outstanding 348.7M
Market Cap 41.7B
Year High 150.50
Year Low 47.090
Earnings Per Share 13.17
P/E Ratio 9.0987
Dividend 1.30
Yield 1.0919
IndustryTop Rated
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