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POSCO
POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel-making company headquartered in Pohang, South Korea. It had an output of of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. In 2010, it was the world's largest steel manufacturing company by market value. Also, in 2012, it was named as the world's 146th-largest corporation by the Fortune Global 500. POSCO currently operates two integrated steel mills in South Korea, in Pohang and Gwangyang. POSCO previously operated a joint venture with U.S. Steel, USS-POSCO Industries, in Pittsburg, California, United States, but U.S. Steel acquired full ownership of the facility in February 2020. History 1968–1971 In the 1960s, South Korean administration concluded that self-sufficiency in steel and the construction of an integrated steelworks were essential to economic development. Since South Korea had not possessed a modern steel plant prior to 1968, many foreign and domestic bu ...
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POSCO E&C
POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel-making company headquartered in Pohang, South Korea. It had an output of of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. In 2010, it was the world's largest steel manufacturing company by market value. Also, in 2012, it was named as the world's 146th-largest corporation by the Fortune Global 500. POSCO currently operates two integrated steel mills in South Korea, in Pohang and Gwangyang. POSCO previously operated a joint venture with U.S. Steel, USS-POSCO Industries, in Pittsburg, California, United States, but U.S. Steel acquired full ownership of the facility in February 2020. History 1968–1971 In the 1960s, South Korean administration concluded that self-sufficiency in steel and the construction of an integrated steelworks were essential to economic development. Since South Korea had not possessed a modern steel plant prior to 1968, many foreign and domestic bus ...
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POSCO Chemical
POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel-making company headquartered in Pohang, South Korea. It had an output of of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. In 2010, it was the world's largest steel manufacturing company by market value. Also, in 2012, it was named as the world's 146th-largest corporation by the Fortune Global 500. POSCO currently operates two integrated steel mills in South Korea, in Pohang and Gwangyang. POSCO previously operated a joint venture with U.S. Steel, USS-POSCO Industries, in Pittsburg, California, United States, but U.S. Steel acquired full ownership of the facility in February 2020. History 1968–1971 In the 1960s, South Korean administration concluded that self-sufficiency in steel and the construction of an integrated steelworks were essential to economic development. Since South Korea had not possessed a modern steel plant prior to 1968, many foreign and domestic bus ...
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POSCO International
POSCO International Corporation (포스코인터내셔널) is South Korea's largest trading company and a subsidiary of POSCO. The company was founded by Kim Woo-choong in 1967 as Daewoo Industrial Co., Ltd, which ran its business in trading and construction. In 1999, the company faced at least $50 billion in debt, Daewoo became formally dismantled. In 2000, as Daewoo Group Daewoo ( ; Hangul: , Hanja: , ; literally "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerat ... faced work-out program, Daewoo Industrial Co., Ltd's trading segment was split and established as "Daewoo International Corporation". Afterwards, it succeeded general trading license and was listed on stock market back again. In 2016, Company name changed "Daewoo International" to "POSCO Daewoo". After merge with Posco P&S in 2017, the company name was changed to ...
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Park Tae-Joon
Park Tae-joon (September 29, 1927 – December 13, 2011) was a South Korean business tycoon, war hero, political leader, and philanthropist. His most renowned accomplishment includes founding of POSCO and growing it into one of the world's largest and most successful steel companies during his multi-decade tenure as Chairman and CEO. For this, he was often called the "Korean Andrew Carnegie". Earlier in his life, he served in the South Korean Army and led several platoons during the Korean War and eventually reaching the rank of Major General. He also founded POSTECH (leading research university in Korea), the Pohang Steelers soccer team, and the POSCO TJ Park Foundation. As a politician, he served for four months as Prime Minister of South Korea. His pen name was Chungam. Biography Early years He was born on September 29, 1927 in Busan. When he was six years old, he moved to Japan where his father was working, but returned to his homeland following Korea's independence. ...
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Gwangyang
Gwangyang () is a city in South Jeolla Province, South Korea. Gwangyang city is the home of POSCO's Gwangyang Steel Works, the largest facility of its kind in the world. The city is also home to K League Classic football side Jeonnam Dragons. Gwangyang is at the centre of development for the Gwangyang Bay Area Free Economic Zone (GFEZ), the third-largest among the six free economic zones of South Korea, covering 92.7 square kilometers. The Free Economic Zone focus on port container handling, steel production, shipbuilding as well as leisure facilities. The area has become a mega business hub, exploiting its accessibility to China. Famous people from Gwangyang include National Intelligence Service head Kim Seung-kew. To the north of the city is the county of Gurye, to the east along the Seomjin River is the county of Hadong in Gyeongsangnam-do, and to the south is the Gwangyang Bay. Mountains in the city include Baegunsan (백운산, 1,217m), to the south is Gayasan (가야산, ...
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