BNET Industries

POSCO

PKX is in the Manufacturing Industry

Market Cap:$41.4B
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

  • Hanjin, POSCO sign megadeal for iron ore transport

    8/26/09 - Joint Venture / Alliance - View Story

News & Analysis

posco - 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.

  • United Spiral Pipe LLC

    - 2008-05-01

    Todd Phillips was recently named vice president and chief commercial officer for United Spiral Pipe LLC. United Spiral Pipe is a joint of venture between two steel making companies, POSCO and U. S. Steel, and a Korean pipe producer, SeAH Steel. Phillips will oversee development and implementation of USP's large-diameter...

    Tags: POSCO

  • 20% OF QINGDAO POSCO STAINLESS STEEL TO BE AUCTIONED

    - 2008-04-02

    AsiaInfo Services 04-02-2008 20% of Qingdao POSCO Stainless Steel to Be Auctioned QINGDAO, Apr 02, 2008 SinoCast via COMTEX -- Chinese steelmaker Qingdao Iron and Steel Group Co., Ltd. has recently put a 20% state-owned stake in its affiliate Qingdao POSCO Stainless Steel Co.,...

    Tags: POSCO

  • 20% OF QINGDAO POSCO STAINLESS STEEL TO BE AUCTIONED

    - 2008-04-01

    AsiaInfo Services 04-01-2008 20% of Qingdao POSCO Stainless Steel to Be Auctioned QINGDAO, Apr 01, 2008 SinoCast via COMTEX -- Chinese steelmaker Qingdao Iron and Steel Group Co., Ltd. has recently put a 20% state-owned stake in its affiliate Qingdao POSCO Stainless Steel Co.,...

    Tags: POSCO

  • US$500 million power plant order.(EL SALVADOR)

    - 2008-04-01

    South Korea's Posco Engineering & Construction Co., a unit of Posco, said it has received a US$500 million order to build a 260-megawatt coal-fired powered plant in El Salvador, reports Dow Jones (March 7, 2008). Posco said it received the order from AES Fonseca, a unit...

    Tags: POSCO

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PKX $118.96 -0.39 (-0.33% )
Volume 296,844
Shares Outstanding 348.7M
Market Cap 41.4B
Year High 150.50
Year Low 42.35
Earnings Per Share 5.18
P/E Ratio 22.9653
Dividend 1.30
Yield 1.0999
IndustryTop Rated
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