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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korea Tungsten Company
Korea Tungsten Company (KTC, Korean: 대한중석, pronounced ''daehan jungsuk'', Hanja: 大韓重石) was a major South Korean manufacturer of tungsten cutting tools, tungsten powder, and related metal-cutting products. It was the 28th-largest chaebol by asset with subsidiaries such as Korea Tungsten Construction and Korea Sintered Metal. With the national government, KTC also established POSCO, which is now the world's second largest steelmaker by output. In 1998, Keo-Pyung, then KTC's proprietor, defaulted on its loans and was declared bankrupt by its main creditor, CHB Bank. On May 12, 1998, Keo-Pyung announced that it would shed 14 of its 19 companies, Korea Tungsten among them. ISCAR, the predecessor and now the largest arm of IMC, bought KTC after months of negotiations, and renamed it TaeguTec. Today, TaeguTec group has become a global tooling and solutions giant with 25 overseas subsidiaries and over 130 distributors in 50 countries throughout the world. History The hist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pohang
Pohang () is a city in the province of North Gyeongsang, South Korea, and a main seaport in the Daegu-Gyeongbuk region. The built-up area of Pohang is located on the alluvium of the mouth of the Hyeongsan River. The city is divided into two wards ( ''gu''), Buk-gu or Northern Ward () and Nam-gu or Southern Ward (). This city has the largest population of North Gyeongsang Province and it has the third-largest land area of any city ( ''si'') in South Korea. History The earliest evidence of human occupation in the Pohang area is from the Mumun Pottery Period (1500–300 BC). Archaeologists have unearthed small villages and megalithic burials (dolmen) from this period. Still a small fishing village at the dawn of the 20th century, the earliest steps toward developing Pohang into a place of greater significance were taken in 1930 with the construction of a modern harbour. Pohang grew rapidly afterward, attaining the designation of town ( ''eup'') in 1931 and then earning the statu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nippon Steel
was formed in 2012 by the merger of the old Nippon Steel and Sumitomo Metal. was established in 1970 by the merger of Fuji Iron & Steel and Yawata Iron & Steel. Nippon Steel is the world's third largest steel producer by volume as of 2019. History Early years Nippon Steel was created by the merger of two giants, Yawata Iron & Steel (八幡製鉄 ''Yawata Seitetsu'') and Fuji Iron & Steel (富士製鉄 ''Fuji Seitetsu''). Beginning in early 1981, however, the company cut production and saw a sharp decline in profit that fiscal year. Forced to close furnaces, the company exhibited a typical Japanese economic aversion to layoffs, opting instead to offer standard early retirement enticements but also less conventional schemes such as a mushroom cultivation venture that used the surplus heat created by steel furnaces to temperature control a fecund fungi complex. Troubled times Attributing the drop to higher material costs, the company entered into another troubled year. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TaeguTec
TaeguTec Ltd. (Korean: 대구텍), formerly known as Korea Tungsten Company, is a multinational corporation headquartered in Daegu, Korea. It is the largest cutting tools manufacturer in the Far East, also Korea's largest manufacturer of tungsten cutting tools and hard metal tools with the only integrated tungsten production plant in the world. TaeguTec group has 26 overseas subsidiaries and over 130 distributors and 30 agents in 50 countries across Europe, Asia, Australia, and the American countries. Considered as the world's oldest manufacturer of tungsten and related products, the group has earned reputation for its excellent global marketing and large production capacity worldwide. In addition to the initial 80 per cent stake purchased in 2006, Warren Buffett paid additional 2 billion dollars for the remaining stake in IMC, of which TaeguTec was a part. Through this acquisition, TaeguTec became Berkshire Hathaway's first and only wholly owned subsidiary in Korea. On Octob ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pittsburg, California
Pittsburg is a city in Contra Costa County, California, Contra Costa County, California, United States. It is an industrial suburb located on the southern shore of the Suisun Bay in the East Bay region of the San Francisco Bay Area, and is part of the Sacramento–San Joaquin River Delta area. The population was 76,416 at the 2020 United States Census. History Originally settled in 1839 as “Rancho Los Medanos”, the area of almost 10,000 acres was issued to Californios Jose Antonio Mesa and his brother Jose Miguel under a Mexican Land Grant by then Governor Juan Bautista Alvarado, one of the final land grants issued prior to the formation of California as a state. In 1849, during the California Gold Rush, Colonel Jonathan D. Stevenson (from New York) bought the Rancho Los Medanos land grant for speculation, and laid out a town he called New York of the Pacific. General William Tecumseh Sherman, William Tecumsah Sherman laid out the first network of streets on the west side o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Steel Producers
This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. This list ranks steelmakers by volume of steel production in millions of tonnes and includes all steelmakers with production over 10 million in 2021. The World Steel Association compiles a list from its members every year. Note that due to mergers, year-to-year figures for some producers are not comparable. Also note that not all steel is the same; some steel is more valuable than other steel, so volume is not the same as turnover. Top producers by volume Other top steel producers by volume * Acerinox, Spain * Aisha Steel Mills, Pakistan * Aichi Steel Corporation, Japan * Allegheny Technologies, United States * Altos Hornos de México, Mexico * Angang Steel Company Limited, China * Anyang Steel, China * Aperam, Luxembourg * Arrium, Australia * BlueScope, Australia * British Steel Ltd, United Kingdom * BSRM, Bangladesh * Byelorussian Steel Works, Bel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel Mill
A steel mill or steelworks is an industrial plant for the manufacture of steel. It may be an integrated steel works carrying out all steps of steelmaking from smelting iron ore to rolled product, but may also be a plant where steel semi-finished casting products are made from molten pig iron or from scrap. History Since the invention of the Bessemer process, steel mills have replaced ironworks, based on puddling or fining methods. New ways to produce steel appeared later: from scrap melted in an electric arc furnace and, more recently, from direct reduced iron processes. In the late 19th and early 20th centuries the world's largest steel mill was the Barrow Hematite Steel Company steelworks located in Barrow-in-Furness, United Kingdom. Today, the world's largest steel mill is in Gwangyang, South Korea. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
