POSCO (NYSE:PKX), formerly known as Pohang Iron and Steel Co., is a leading integrated steelmaker headquartered in Pohang, South Korea. Founded in 1968 under government initiative, the company was privatized in 2000 and has since grown into one of the world’s largest steel producers. POSCO’s operations encompass the full steelmaking value chain, from iron ore processing and coke production to the manufacture of a broad range of flat and long steel products.
POSCO’s product portfolio includes hot-rolled, cold-rolled, and coated steel sheets, as well as high-strength and advanced high-strength steel grades tailored for the automotive, construction, shipbuilding and energy sectors. The company has expanded its offerings to include specialty materials such as stainless steel, electrical steel, and corrosion-resistant steel, as well as ancillary products like rails, plates and wire rods. Through its research and development arm, POSCO continuously advances new alloys and steel solutions designed to improve performance, reduce weight and enhance sustainability.
With manufacturing facilities and sales networks across Asia, North America, Europe and beyond, POSCO serves a global customer base. The company operates major steel works in Gwangyang and Pohang and has invested in downstream and upstream operations in Indonesia, Vietnam, India and the United States. Its trading subsidiary, POSCO International, engages in resource development, trading and project execution, further extending the group’s reach in energy, agri-business and infrastructure markets.
Under the leadership of CEO Jeong-Woo Choi, POSCO has embraced a strategic pivot toward green growth and digital transformation. The company is investing in low-carbon steelmaking technologies, including hydrogen-based reduction processes and carbon capture solutions, to achieve its goal of net-zero emissions by midcentury. POSCO also leverages digital platforms and smart manufacturing systems to enhance productivity and operational resilience, ensuring it remains at the forefront of the evolving global steel industry.
