Exhibit 8.1
 LIST OF CONSOLIDATED SUBSIDIARIES
 JURISDICTION OFNAME
    
    INCORPORATIONPOSCO E & C Co., Ltd.
    
    KoreaPosteel Co., Ltd.
    
    KoreaPOSCON Co., Ltd.
    
    KoreaPOSCO Coated Steel Co., Ltd.
    
    KoreaPOSCO Machinery & Engineering Co., Ltd.
    
    KoreaPOSDATA Co., Ltd.
    
    KoreaPOSCO Research Institute
    
    KoreaSeung Kwang Co., Ltd.
    
    KoreaPOSCO Architecs Consultants Co., Ltd.
    
    KoreaPOSCO Specialty Steel Co., Ltd.
    
    KoreaPOSCO Machinery Co., Ltd.
    
    KoreaPOSTECH Venture Capital Corp.
    
    KoreaPOSCO Refractories & Environment Company Co., Ltd. (POSREC)
    
    KoreaPOSCO Terminal Co., Ltd.
    
    KoreaMetapolis Co., Ltd.
    
    KoreaPOSMATE Co., Ltd.
    
    KoreaSamjung Packing & Aluminum Co., Ltd.
    
    KoreaPOSCO Power Corp.
    
    KoreaPostech 2006 Energy Fund
    
    KoreaPOSCORE Co., Ltd.
    
    KoreaPHP Co., Ltd.
    
    KoreaPNR Co., Ltd.
    
    KoreaMegaasset Co., Ltd.
    
    KoreaDaewoo Engineering Company
    
    KoreaUniversal Studio Resort Development Co., Ltd.
    
    KoreaPOSCO America Corporation (POSAM)
    
    USAPOSCO Australia Pty. Ltd. (POSA)
    
    AustraliaPOSCO Canada Ltd. (POSCAN)
    
    CanadaPOSCAN Elkview Coal Ltd.
    
    CanadaPOSCO Asia Co., Ltd. (POA)
    
    ChinaVSC POSCO Steel Corporation (VPS)
    
    VietnamDalian POSCO-CFM Coated Steel Co., Ltd.
    
    ChinaPOS-Tianjin Coil Center Co., Ltd.
    
    ChinaPOSMETAL Co., Ltd.
    
    JapanShanghai Real Estate Development Co., Ltd.
    
    ChinaIBC Corporation
    
    VietnamPOSLILAMA Steel Structure Co., Ltd.
    
    VietnamZhangjiagang Pohang Stainless Steel Co., Ltd. (ZPSS)
    
    ChinaGuangdong Pohang Coated Steel Co., Ltd.
    
    ChinaPOSCO Thailand Bangkok Processing Center Co., Ltd.
    
    ThailandMyanmar-POSCO Steel Co., Ltd.
    
    MyanmarZhangjiagang POSHA Steel Port Co., Ltd. (ZPSP)
    
    ChinaPOS-JOPC Co., Ltd.
    
    JapanPOSCO Investment Co., Ltd.
    
    China




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JURISDICTION OFNAME
    
    INCORPORATIONPOSCO-MKPC SDN BHD
    
    MalaysiaQingdao Pohang Stainless Steel Co., Ltd.
    
    ChinaPOSCO (Suzhou) Automotive Processing Center Co., Ltd.
    
    ChinaPOSEC-Hawaii Inc.
    
    USAPOS-Qingdao Coil Center Co., Ltd.
    
    ChinaPOS-ORE Pty. Ltd.
    
    AustraliaPOSCO-China Holding Corp.
    
    ChinaPOSCO-Japan Co., Ltd.
    
    JapanPOSCO E&C (Zhangjiagang) Engineering & Consulting Co., Ltd.
    
    ChinaPOS-CD Pty. Ltd.
    
    AustraliaPOS-GC Pty. Ltd.
    
    AustraliaPOSCO-India Private Ltd.
    
    IndiaPOS-India Pune Steel Processing Centre Pvt. Ltd.
    
    IndiaPOSCO-JNPC Co., Ltd.
    
    JapanPOSCO-Foshan Steel Processing Center Co., Ltd.
    
    ChinaPOSCO E&C (Beijing) Co., Ltd.
    
    ChinaPOS-MPC S.A. de C.V.
    
    MexicoZhangjigang Pohang Port Co., Ltd.
    
    ChinaPOSCO-Vietnam Co., Ltd.
    
    VietnamPOSCO-Mexico Co., Ltd.
    
    MexicoPOSS India Delhi Steel Processing Centre Private Limited
    
    IndiaPOS-NP Pty. Ltd.
    
    AustraliaPOSCO-Vietnam Processing Center Co., Ltd.
    
    VietnamPOSCO (Chongqing) Automotive Processing Center Co., Ltd.
    
    ChinaSuzhou POSCORE Technology Co., Ltd.
    
    ChinaPOSCO JYPC Co., Ltd.
    
    JapanPOSCO
Malaysia SDN.BHD.
    
    MalaysiaPOS-Minerals Corporation
    
    USAPOSCO (Wuhu) Automotive Processing Center Co., Ltd.
    
    China
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