| Business Summary | | Pohang
Iron
&
Steel
Co.
is
a
steel
producer
with
more
than
26.5
million
tons
of
crude
steel
and
stainless
steel
produced
in
1999.
The
Company
is
the
largest
and
only
fully
integrated
steel
producer
in
Korea.
It
manufactures
and
sells
a
broad
line
of
steel
products,
including
hot-rolled
and
cold-rolled
products,
plates,
wire
rods,
silicon
steel
sheets
and
stainless
steel
products.
Other
products
include
lower
value-added
semi-finished
products
such
as
pig
iron,
billets,
blooms
and
slabs.
Pohang
sells
primarily
to
the
Korean
market,
with
Korean
sales
accounting
for
67.8%
of
its
total
sales
volume
in
1999.
The
Company's
exports
in
1999
accounted
for
32.2%
of
its
total
steel
sales
volume,
compared
to
35%
in
1998.
The
Company's
major
export
market
is
Asia,
with
Japan
accounting
for
25%,
China
21.6%
and
the
rest
of
Asia
22.3%
of
its
total
steel
export
sales
volume
in
1999. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Pohang
Iron
and
Steel
Co.
Ltd.
is
the
only
fully
integrated
steel
producer
in
Korea.
PKX
manufactures
and
sells
a
broad
line
of
steel
products
in
the
domestic
and
overseas
markets,
including
hot
and
cold-rolled
and
stainless
steel
products.
For
the
three
months
ended
3/31/01
revenues
fell
6%
to
W2.75T.
Net
income
fell
87%
to
W171.62
billion.
Results
reflect
decreased
demand
for
the
Company's
products,
and
lower
extraordinary
income. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Ku Taek Lee | Pres | Soo Yang Han | Exec.
VP | Chang Oh Kang | Exec.
VP | Yong Woon Kim | Sr.
Exec. VP | Moon Soo Park | Sr.
Exec. VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|