POSCO

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POSCO

POSCO Tower, Seoul
Native name	포항종합제철 주식회사 (Until 2002) 주식회사 포스코 (Since 2002)
Revised Romanization	Pohang Jonghab Jecheol Jusikhoesa (Until 2002) Jusikhoesa Poseuko (Since 2002)
Company type	Public
Traded as	KRX: 005490 NYSE: PKX LSE: PIDD TYO: 5412
Industry	Steel Industrial manufacturing
Founded	April 1968; 56 years ago (1968-04)
Founder	Park Tae-Joon
Headquarters	Pohang, South Korea
Area served	Worldwide
Key people	Choi Jeong-Woo (Chief Executive Officer)
Products	Steel, flat steel products, long steel products, wire products, plates
Revenue	KRW 75.16 trillion (2021)[1]
Operating income	KRW 9.25 trillion (2021)[1]
Net income	KRW 7.22 trillion (2021)[1]
Total assets	KRW 79.08 trillion (2020)[1]
Total equity	KRW 47.68 trillion (2020)[1]
Number of employees	29,648 (2009)
Subsidiaries	POSCO International POSCO Chemical POSCO E&C
Website	www.posco.co.kr

POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel manufacturer headquartered in Pohang, South Korea. It had an output of 42,000,000 metric tons (41,000,000 long tons; 46,000,000 short tons) of crude steel in 2015, making it the world's sixth-largest steelmaker by this measure.^[2] In 2010, it was the world's largest steel manufacturing company by market value.^[3] Also, in 2012, it was named as the world's 146th-largest corporation by the Fortune Global 500.^[4]

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.