POSCO is a global steel manufacturer headquartered in South Korea, producing a wide range of steel products including magnesium plates, stainless steel, and general steel. The company transitioned to a holding company structure in 2022, establishing a flexible and agile management system focused on its core steel business. It aims to be a sustainable 100-year company by responding to major industrial shifts such as the low-carbon circular economy, global supply chain reorganization, and digitalization. Beyond its steel operations, the company is expanding into eco-friendly future materials like secondary battery materials and hydrogen. POSCO operates integrated steel mills in Pohang and Gwangyang, contributing to industrial development both domestically and internationally.POSCOisaglobalsteelmanufacturerheadquarteredinSouthKorea,producingawiderangeofsteelproductsincludingmagnesiumplates,stainlesssteel,andgeneralsteel.Thecompanytransitionedtoaholdingcompanystructurein2022,establishingaflexibleandagilemanagementsystemfocusedonitscoresteelbusiness.Itaimstobeasustainable100-yearcompanybyrespondingtomajorindustrialshiftssuchasthelow-carboncirculareconomy,globalsupplychainreorganization,anddigitalization.Beyonditssteeloperations,thecompanyisexpandingintoeco-friendlyfuturematerialslikesecondarybatterymaterialsandhydrogen.POSCOoperatesintegratedsteelmillsinPohangandGwangyang,contributingtoindustrialdevelopmentbothdomesticallyandinternationally.
Key Products/TechnologiesKeyProducts/Technologies
Hot-rolled products: Consisting of hot-rolled coils and sheets, these products are manufactured by rolling, cooling, and coiling slabs from a continuous casting system to meet customer specifications. They are widely used in various applications including machinery, architectural structures, automotive frames, general/API steel pipes, and cold rolling. The company operates six hot-rolled steel plants and one high-mill plant in Pohang and Gwangyang, with an annual production capacity of 9.8 million tons of hot-rolled steel products.Hot-rolledproducts:Consistingofhot-rolledcoilsandsheets,theseproductsaremanufacturedbyrolling,cooling,andcoilingslabsfromacontinuouscastingsystemtomeetcustomerspecifications.Theyarewidelyusedinvariousapplicationsincludingmachinery,architecturalstructures,automotiveframes,general/APIsteelpipes,andcoldrolling.Thecompanyoperatessixhot-rolledsteelplantsandonehigh-millplantinPohangandGwangyang,withanannualproductioncapacityof9.8milliontonsofhot-rolledsteelproducts.
Cold-rolled and coated products: A range of high-quality steel sheets for automotive, home appliance, and construction industries. The company holds a leading position in premium steel grades such as Advanced High-Strength Steels (AHSS) and GigaSteel for automotive applications.Cold-rolledandcoatedproducts:Arangeofhigh-qualitysteelsheetsforautomotive,homeappliance,andconstructionindustries.ThecompanyholdsaleadingpositioninpremiumsteelgradessuchasAdvancedHigh-StrengthSteels(AHSS)andGigaSteelforautomotiveapplications.
Stainless steel: Classified into austenitic, ferritic, and martensitic types based on alloy components and structural characteristics, primarily used in car exhaust pipes, kitchen appliances, electronics, and construction materials. Recently, its applications have expanded to electric vehicle battery cases and LNG storage tanks, gaining significant attention.Stainlesssteel:Classifiedintoaustenitic,ferritic,andmartensitictypesbasedonalloycomponentsandstructuralcharacteristics,primarilyusedincarexhaustpipes,kitchenappliances,electronics,andconstructionmaterials.Recently,itsapplicationshaveexpandedtoelectricvehiclebatterycasesandLNGstoragetanks,gainingsignificantattention.
Magnesium plates: Lightweight material with high potential for various industrial applications.Magnesiumplates:Lightweightmaterialwithhighpotentialforvariousindustrialapplications.
FINEX technology: An eco-friendly steelmaking technology that directly uses iron ore fines and non-coking coal, significantly reducing pollutant emissions and production costs compared to traditional blast furnace methods. POSCO has been operating the world's first commercial FINEX plant with an annual capacity of 1.5 million tons since 2007, adding a new 2.0 million-ton plant in 2014.FINEXtechnology:Aneco-friendlysteelmakingtechnologythatdirectlyusesironorefinesandnon-cokingcoal,significantlyreducingpollutantemissionsandproductioncostscomparedtotraditionalblastfurnacemethods.POSCOhasbeenoperatingtheworld'sfirstcommercialFINEXplantwithanannualcapacityof1.5milliontonssince2007,addinganew2.0million-tonplantin2014.
HyREX technology: An innovative low-carbon steel production technology that uses hydrogen to directly reduce iron ore, dramatically cutting carbon emissions compared to conventional methods. This technology paves a new path for steel production and prepares for a sustainable future in the decarbonization era.HyREXtechnology:Aninnovativelow-carbonsteelproductiontechnologythatuseshydrogentodirectlyreduceironore,dramaticallycuttingcarbonemissionscomparedtoconventionalmethods.Thistechnologypavesanewpathforsteelproductionandpreparesforasustainablefutureinthedecarbonizationera.
Core AdvantagesCoreAdvantages
Integrated Production System and Economies of Scale: The company operates an end-to-end production system from ironmaking to steelmaking and rolling, with world-class large-scale steel mills in Pohang and Gwangyang, ensuring cost efficiency and stable supply capabilities.IntegratedProductionSystemandEconomiesofScale:Thecompanyoperatesanend-to-endproductionsystemfromironmakingtosteelmakingandrolling,withworld-classlarge-scalesteelmillsinPohangandGwangyang,ensuringcostefficiencyandstablesupplycapabilities.
High-Value-Added Products and Technology Leadership: POSCO holds leading technological capabilities in premium steel markets, including Advanced High-Strength Steels (AHSS), GigaSteel for automobiles, and heavy plates for shipbuilding. It focuses on developing high-tech products such as non-oriented electrical steel for EV motors and grain-oriented grades for transformers.High-Value-AddedProductsandTechnologyLeadership:POSCOholdsleadingtechnologicalcapabilitiesinpremiumsteelmarkets,includingAdvancedHigh-StrengthSteels(AHSS),GigaSteelforautomobiles,andheavyplatesforshipbuilding.Itfocusesondevelopinghigh-techproductssuchasnon-orientedelectricalsteelforEVmotorsandgrain-orientedgradesfortransformers.
Diversification into Secondary Battery Materials: The company has established a vertical integration for secondary battery materials, including lithium, nickel, cathodes, and anodes, securing new growth engines beyond its steel business. This includes investments in Argentine lithium brines, Australian spodumene, and Indonesian nickel HPAL joint ventures, covering the entire supply chain from raw materials to final products.DiversificationintoSecondaryBatteryMaterials:Thecompanyhasestablishedaverticalintegrationforsecondarybatterymaterials,includinglithium,nickel,cathodes,andanodes,securingnewgrowthenginesbeyonditssteelbusiness.ThisincludesinvestmentsinArgentinelithiumbrines,Australianspodumene,andIndonesiannickelHPALjointventures,coveringtheentiresupplychainfromrawmaterialstofinalproducts.
Leading Eco-Friendly Steel Production Technologies: POSCO is at the forefront of developing and commercializing proprietary low-carbon steelmaking technologies like FINEX and HyREX, contributing to carbon neutrality goals. This represents a differentiated competitive advantage in proactively addressing stricter environmental regulations and leading a sustainable steel industry.LeadingEco-FriendlySteelProductionTechnologies:POSCOisattheforefrontofdevelopingandcommercializingproprietarylow-carbonsteelmakingtechnologieslikeFINEXandHyREX,contributingtocarbonneutralitygoals.Thisrepresentsadifferentiatedcompetitiveadvantageinproactivelyaddressingstricterenvironmentalregulationsandleadingasustainablesteelindustry.
Global Production and Sales Network: The company maintains operations and sales offices in over 50 countries worldwide, supplying products to a global customer base. It establishes processing centers near major automotive production hubs to provide just-in-time delivery and customized solutions.GlobalProductionandSalesNetwork:Thecompanymaintainsoperationsandsalesofficesinover50countriesworldwide,supplyingproductstoaglobalcustomerbase.Itestablishesprocessingcentersnearmajorautomotiveproductionhubstoprovidejust-in-timedeliveryandcustomizedsolutions.
Strong R&D and Patent Base: An extensive patent portfolio and co-development programs with OEMs enable the company to maintain a technological edge. This is a crucial factor in enhancing product pricing power and strengthening customer loyalty.StrongR&DandPatentBase:Anextensivepatentportfolioandco-developmentprogramswithOEMsenablethecompanytomaintainatechnologicaledge.Thisisacrucialfactorinenhancingproductpricingpowerandstrengtheningcustomerloyalty.
Target IndustriesTargetIndustries
Automotive Industry: Supplying high-strength, lightweight steel sheets (AHSS, GigaSteel) to improve vehicle lightness and safety. Major clients include Hyundai Motor Group, Toyota, and General Motors.AutomotiveIndustry:Supplyinghigh-strength,lightweightsteelsheets(AHSS,GigaSteel)toimprovevehiclelightnessandsafety.MajorclientsincludeHyundaiMotorGroup,Toyota,andGeneralMotors.
Shipbuilding Industry: Providing high-quality heavy plates for the construction of high-value-added vessels such as LNG carriers and ammonia-ready ships. Addressing the demand for eco-friendly ship construction from domestic and international shipyards.ShipbuildingIndustry:Providinghigh-qualityheavyplatesfortheconstructionofhigh-value-addedvesselssuchasLNGcarriersandammonia-readyships.Addressingthedemandforeco-friendlyshipconstructionfromdomesticandinternationalshipyards.
Construction Industry: Supplying various steel products, including structural steel, for smart city and infrastructure projects. Providing essential materials for building and civil engineering works.ConstructionIndustry:Supplyingvarioussteelproducts,includingstructuralsteel,forsmartcityandinfrastructureprojects.Providingessentialmaterialsforbuildingandcivilengineeringworks.
Home Appliance Industry: Supplying specialized stainless steel and cold-rolled steel sheets to home appliance manufacturers. Contributing to the production of premium products by global home appliance companies like Samsung Electronics and LG Electronics.HomeApplianceIndustry:Supplyingspecializedstainlesssteelandcold-rolledsteelsheetstohomeappliancemanufacturers.ContributingtotheproductionofpremiumproductsbyglobalhomeappliancecompanieslikeSamsungElectronicsandLGElectronics.
Secondary Battery Industry: Providing battery materials such as cathodes and anodes to major battery manufacturers including LG Energy Solution, Samsung SDI, and SK On. Playing a critical role in the growth of the electric vehicle and energy storage system markets.SecondaryBatteryIndustry:ProvidingbatterymaterialssuchascathodesandanodestomajorbatterymanufacturersincludingLGEnergySolution,SamsungSDI,andSKOn.Playingacriticalroleinthegrowthoftheelectricvehicleandenergystoragesystemmarkets.
Energy and Offshore Plant Industry: Offering high-quality steel materials and technical solutions to the energy and offshore plant sectors. Expanding direct business with major European oil companies such as Shell and Saipem.EnergyandOffshorePlantIndustry:Offeringhigh-qualitysteelmaterialsandtechnicalsolutionstotheenergyandoffshoreplantsectors.ExpandingdirectbusinesswithmajorEuropeanoilcompaniessuchasShellandSaipem.
Major MarketsMajorMarkets
CameroonCameroon
South Korea, China, Vietnam, India, Japan, Indonesia, Thailand, Malaysia, MyanmarSouthKorea,China,Vietnam,India,Japan,Indonesia,Thailand,Malaysia,Myanmar
United States, Mexico, CanadaUnitedStates,Mexico,Canada
AustraliaAustralia
Argentina, BrazilArgentina,Brazil
Certifications/PatentsCertifications/Patents
ISO 9001:2015 (Quality Management System): Certification for the quality management system in the design and manufacturing of iron and steel products at major facilities like Pohang Works and Gwangyang Works.ISO9001:2015(QualityManagementSystem):CertificationforthequalitymanagementsysteminthedesignandmanufacturingofironandsteelproductsatmajorfacilitieslikePohangWorksandGwangyangWorks.
ISO 14001 (Environmental Management System): Certification for an environmental management system aimed at efficiently reducing environmental risks and creating a sustainable work environment.ISO14001(EnvironmentalManagementSystem):Certificationforanenvironmentalmanagementsystemaimedatefficientlyreducingenvironmentalrisksandcreatingasustainableworkenvironment.
IATF 16949 (Automotive Quality Management System): Standard certification for quality management systems in the automotive industry.IATF16949(AutomotiveQualityManagementSystem):Standardcertificationforqualitymanagementsystemsintheautomotiveindustry.
ISO 27001 (Information Security Management System): International standard certification for information security management systems.ISO27001(InformationSecurityManagementSystem):Internationalstandardcertificationforinformationsecuritymanagementsystems.
ISCC EU/PLUS Certification: Certifications for sustainable biofuel, biomass, and bioenergy trading, and for contributing to the bioeconomy and circular economy.ISCCEU/PLUSCertification:Certificationsforsustainablebiofuel,biomass,andbioenergytrading,andforcontributingtothebioeconomyandcirculareconomy.
GMP+ Certification: International certification for feed safety and quality standards, based on ISO 9001 and HACCP requirements.GMP+Certification:Internationalcertificationforfeedsafetyandqualitystandards,basedonISO9001andHACCPrequirements.
Patent for Unconstrained Vibration Damping Metal Sheet with Foam Pores and Manufacturing Method: A patent covering a vibration damping metal sheet with foam pores and its manufacturing process.PatentforUnconstrainedVibrationDampingMetalSheetwithFoamPoresandManufacturingMethod:Apatentcoveringavibrationdampingmetalsheetwithfoamporesanditsmanufacturingprocess.
Patent for Welding Member and Wire for Gas-Shielded Arc Welding: A patent for a specific welding member and wire used in gas-shielded arc welding.PatentforWeldingMemberandWireforGas-ShieldedArcWelding:Apatentforaspecificweldingmemberandwireusedingas-shieldedarcwelding.
Patent for Plated Steel Sheet for Hot Press Forming Having Excellent Impact Property, Hot Press Formed Part, and Manufacturing Method Thereof: A patent for a plated steel sheet with excellent impact properties for hot press forming parts and its manufacturing method.PatentforPlatedSteelSheetforHotPressFormingHavingExcellentImpactProperty,HotPressFormedPart,andManufacturingMethodThereof:Apatentforaplatedsteelsheetwithexcellentimpactpropertiesforhotpressformingpartsanditsmanufacturingmethod.
Patent for Plated Steel Sheet Having Excellent Sealer Adhesion and Method for Manufacturing Same: A patent for a plated steel sheet with excellent adhesion to sealers and its manufacturing method.PatentforPlatedSteelSheetHavingExcellentSealerAdhesionandMethodforManufacturingSame:Apatentforaplatedsteelsheetwithexcellentadhesiontosealersanditsmanufacturingmethod.
Patent for Calcium-Containing Graphite Steel Having Excellent Machinability, and Manufacturing Method Therefor: A patent for calcium-containing graphite steel with superior machinability and its manufacturing method.PatentforCalcium-ContainingGraphiteSteelHavingExcellentMachinability,andManufacturingMethodTherefor:Apatentforcalcium-containinggraphitesteelwithsuperiormachinabilityanditsmanufacturingmethod.
Patent for Secondary Battery Separator Technology: A patent related to core technology for secondary battery separators.PatentforSecondaryBatterySeparatorTechnology:Apatentrelatedtocoretechnologyforsecondarybatteryseparators.
Patent for Steel Mill Field Technologies: Patents related to operational and production efficiency technologies in steel mills.PatentforSteelMillFieldTechnologies:Patentsrelatedtooperationalandproductionefficiencytechnologiesinsteelmills.
Patent for Waste Treatment Technologies: Patents for environmentally friendly waste treatment methods.PatentforWasteTreatmentTechnologies:Patentsforenvironmentallyfriendlywastetreatmentmethods.
Patent for Refractory-Related Technologies: Patents concerning refractory materials, which are critical components in steelmaking processes.PatentforRefractory-RelatedTechnologies:Patentsconcerningrefractorymaterials,whicharecriticalcomponentsinsteelmakingprocesses.
Patent for Battery Power Control Technologies: Patents for power control and management technologies in battery systems.PatentforBatteryPowerControlTechnologies:Patentsforpowercontrolandmanagementtechnologiesinbatterysystems.
Introduction
Location
6261 Donghaean-ro, Nam-gu, Pohang, Gyeongsangbuk-do, South Korea
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Information
6261 Donghaean-ro, Nam-gu, Pohang, Gyeongsangbuk-do, South Korea