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Pohang Iron & Steel (PKX)Stock (Manufacturing Industry, Steel & Iron Industry)South Korean company POSCO, formerly known as Pohang Iron and Steel Company, is the world's fourth largest steelmaker by output. The company manufactures steel primarily for the shipping and construction industries. Growing from a single plant, the company now operates two of the world's premier steel production facilities, the Pohang Works and Gwangyang Works. The company primarily sells in the Korean market, but also exports to Asia, Europe, and North America. Revenue by geographical segment is as follows: Korea makes up 71% of the total revenue, China 12%, Japan 5%, other Asian countries 6%, North America 2%, and others 4%. In Korea, the company produces almost all its steel at Pohang Works and Gwangyang Works. Currently, Pohang Works has 13.3 million tons of annual crude steel and stainless steel production capacity, and Gwangyang Works has an annual crude steel production capacity of 16.7 million tons. The company's broad product line includes hot-rolled and cold-rolled products, plates, wire rods, silicon steel sheets, and stainless steel products.
Pohang Iron & Steel2004 Data 2005 Data 2006 Data 2007 Data 2008 Data Most Recent Data Available [edit] References
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The Shelf
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