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South Korean steel manufacturer
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- POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel manufacturer headquartered in Pohang, South Korea.
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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] .
POSCO, a Trusted Name to Creating Value for a Better World. Back when industries barely existed in Korea, POSCO began making steel, which served a critical role in our national development.
These businesses propel POSCO Group’s evolution into a leading provider of eco-friendly future materials, net-zero steelmaker, future transportation architect, green energy pioneer, innovator of future housing and global food supplier.
Aglobal business leaderfor the sustainable future of humanity. What We Do. POSCO Groupseven core business areas. Media Center. Press Release and Video Content. Investors. Information for POSCO Holdings investors. Sustainability. Sustainability ManagementPhilosophy and ESG Strategy System.
- Steel business. Currently, each country and company in the steel industry announces a carbon neutrality plan and enhances its Nationally Determined Contribution (NDC) with the environment emphasized as a top priority, and trade barriers connected with environmental regulations have also been increased.
- Secondary battery material (cathode/anode) business. The purpose of the secondary battery material business is to increase the production capability of anode and cathode to 680,000 tons in 2030 from approximately 115,000 tons at present, and to leap into the global top tier by securing leading technologies.
- Lithium/nickel business. For the lithium and nickel business, which are materials for secondary batteries, POSCO aims to become a global top manufacturer with a production capacity of 220,000 tons of lithium and 140,000 tons of nickel by 2030 through mines/salt lakes and the eco-friendly production technologies it has.
- Hydrogen business. For its hydrogen business, POSCO aims to achieve yearly sales of KRW 2.3 trillion and yearly production of 500,000 tons by investing KRW 10 trillion by 2030.
Jan 11, 2024 · The group comprises affiliated operating companies representing steel, chemicals, construction and trade industries. The largest operating company is steelmaker POSCO, serving as the backbone of national development for over 5 decades.
POSCO GROUP is a leading provider of eco-friendly future materials that builds a greener and more sustainable future. We are committed to gaining more ground as a formidable producer of future ...
