Founded back in 1968 with virtually no capital, technology, or experience, POSCO has risen to the top of the global steel industry in just three decades. POSCO produces some 28 million tons of steel products each year, enough to produce about 100,000 compact cars a day. Today, we ship those products to over 60 countries around the globe, satisfying some of the world’s most quality-sensitive manufactures.
Based at the Pohang Works, our headquarters uses state-of-the-art information systems to handle all administrative and accounting tasks as well as coordinate orders, production, and shipments with both steelworks.
POSCO’s highly automated steelworks in the Korean port cities of Pohang and Gwangyang form a synergistic production network that provides the foundation for our international competitiveness.
Built between 1968 and 1983, the 899-hectare Pohang Works specializes in small-lot production of a broad range of products, including hot rolled coil and cold rolled sheet, plate, wire rod, electrical steel, and stainless steel. In 2003, crude steel output was 12.6 million tons