BNET Industries

POSCO

PKX is in the Manufacturing Industry

Market Cap:$42.2B
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

News & Analysis

posco and zacks investment research inc. - All News and Analysis

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PKX $121.070 -3.900 (-3.12% )
Volume 117,785
Shares Outstanding 348.7M
Market Cap 42.2B
Year High 150.50
Year Low 47.090
Earnings Per Share 13.17
P/E Ratio 9.1929
Dividend 1.30
Yield 1.080
IndustryTop Rated
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