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Home > Company Index > Metals & Mining > Steel Production > Pohang Iron & Steel Co., Ltd.

Pohang Iron & Steel Co., Ltd.
NYSE: PKX
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 PROFILE
Pohang Iron & Steel Co. (POSCO) is one of the world's largest steel producers. The company makes hot- and cold-rolled steel products (plate steel, stainless steel, hot strip, and wire rods), which it sells to the auto and shipbuilding industries. POSCO's subsidiaries also include POSCO Engineering & Construction (which builds steel plants, steel-related infrastructure, and energy facilities) and POSDATA (systems integration). The South Korean government has privatized its remaining stake in POSCO, thus ending POSCO's 30-year monopoly in steelmaking. Stung by its falling share price, POSCO has formed a strategic alliance with rival Nippon Steel.

 COMPETITION
Shanghai Baosteel Group Corporation (dossier)
Nippon Steel Corporation (5401)
ThyssenKrupp AG (TYEKF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 10,873.10
1-Yr. Sales Growth: (2.7)%
Employees: 26,261
Revenue per employee: $414,039.83

 KEY PEOPLE
• Lee Ku-Taek
    CEO
• Hwang Tae-Hyun
    CFO

 CONTACT INFO
1, Koedong-dong, Nam-ku
Pohang Kyongsang-puk 790-600, South Korea
Phone: 82-562-220-0114
Fax: 82-562-220-6000
Online: Web Site

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