Exhibit 8.1
 LIST OF CONSOLIDATED SUBSIDIARIES
 JURISDICTION OFNAME
    
    INCORPORATIONPOSCO E&C Co., Ltd.
    
    KoreaPOSCO P&S Co., Ltd.
    
    KoreaPOSCO Coated & Color Steel Co., Ltd.
    
    KoreaPOSCO Plant Engineering Co., Ltd.
    
    KoreaPOSCO ICT Co., Ltd.
    
    KoreaPOSCO Research Institute
    
    KoreaSeung Kwang Co., Ltd.
    
    KoreaPOSCO A&C Co., Ltd.
    
    KoreaPOSCO Specialty Steel Co., Ltd.
    
    KoreaPOSTECH Venture Capital Corp.
    
    KoreaeNtoB Corporation
    
    KoreaPOSCO Chemtech Company Ltd.
    
    KoreaPOSCO Terminal Co., Ltd.
    
    KoreaMetapolis Co., Ltd.
    
    KoreaPOSMATE Co., Ltd.
    
    KoreaPOSCO M-TECH Co., Ltd.
    
    KoreaPOSCO Power Corp.
    
    KoreaPostech 2006 Energy Fund
    
    KoreaPHP Co., Ltd.
    
    KoreaPOSCO TMC Co., Ltd.
    
    KoreaPNR Co., Ltd.
    
    KoreaMegaasset Co., Ltd.
    
    KoreaDaewoo Engineering Company
    
    KoreaPOSCO FuelCell Co., Ltd.
    
    KoreaPOSCO AST Co., Ltd.
    
    KoreaDaiMyung TMS Co., Ltd.
    
    KoreaPOS-HiMetal Co., Ltd.
    
    KoreaPOSCO E&E Co., Ltd.
    
    KoreaGwangyang SPFC Co., Ltd.
    
    Korea9Digit Co., Ltd.
    
    KoreaSungjin Geotec Co., Ltd.
    
    KoreaPostech Early Stage Fund
    
    KoreaPOSCO Family Strategy Fund
    
    KoreaDaewoo International Corporation
    
    KoreaPOSCO LED Co., Ltd.
    
    KoreaPOSCO NST Co., Ltd.
    
    KoreaPohang SRDC Co., Ltd.
    
    KoreaPOSCO America Corporation
    
    USAPOSCO Australia Pty. Ltd.
    
    AustraliaPOSCO Canada Ltd.
    
    CanadaPOSCAN Elkview Coal Ltd.
    
    CanadaPOSCO Asia Co., Ltd.
    
    ChinaVSC POSCO Steel Corporation
    
    VietnamDalian POSCO-CFM Coated Steel Co., Ltd.
    
    ChinaPOSCO-CTPC Co., Ltd.
    
    ChinaPOSCO-JKPC Co., Ltd.
    
    JapanInternational Business Center Corporation
    
    VietnamPOSCO E&C Vietnam Co., Ltd.
    
    VietnamZhangjiagang Pohang Stainless Steel Co., Ltd.
    
    China




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JURISDICTION OFNAME
    
    INCORPORATIONGuangdong Pohang Coated Steel Co., Ltd.
    
    ChinaPOSCO (Thailand) Co., Ltd.
    
    ThailandMyanmar-POSCO Steel Co., Ltd.
    
    MyanmarPOSCO-JOPC Co., Ltd.
    
    JapanPOSCO Investment Co., Ltd.
    
    ChinaPOSCO-MKPC SDN. BHD.
    
    MalaysiaQingdao Pohang Stainless Steel Co., Ltd.
    
    ChinaPOSCO (Suzhou) Automotive Processing Center Co., Ltd.
    
    ChinaPOSCO Bio Ventures L.P.
    
    USAPOSEC-Hawaii Inc.
    
    USAPOS-Qingdao Coil Center Co., Ltd.
    
    ChinaPOS-Ore Pty. Ltd.
    
    AustraliaPOSCO-China Holding Corp.
    
    ChinaPOSCO-Japan Co., Ltd.
    
    JapanPOS-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.
    
    ChinaQingdao Pos-metal Co., Ltd.
    
    ChinaPOSCO-Vietnam Co., Ltd.
    
    VietnamPOSCO-Mexico Co., Ltd.
    
    MexicoPOSCO-India Delhi Steel Processing Centre Pvt. Ltd.
    
    IndiaPOSCO-Poland Wroclaw Steel Processing Center Co., Ltd.
    
    PolandPOS-NP Pty. Ltd.
    
    AustraliaPOSCO-Vietnam Processing Center Co., Ltd.
    
    VietnamPOSCO (Chongqing) Automotive Processing Center Co., Ltd.
    
    ChinaSuzhou POS-CORE Technology Co., Ltd.
    
    ChinaPOSCO-JYPC Co., Ltd.
    
    JapanPOSCO-Malaysia SDN. BHD.
    
    MalaysiaPOS-Minerals Corporation
    
    USAPOSCO (Wuhu) Automotive Processing Center Co., Ltd.
    
    ChinaPOSCO-Philippine Manila Processing Center Inc.
    
    PhilippinesPOSCO Mexico East Steel Distribution Center Co., Ltd.
    
    MexicoPOSCO VST Co., Ltd.
    
    VietnamPOSCO Maharashtra Steel Pvt. Ltd.
    
    IndiaPOSCO India Chennai Steel Processing Centre Pvt. Ltd.
    
    IndiaPOSCO Turkey Nilufer Processing Center Co., Ltd.
    
    TurkeyPOSCO Vietnam Ha Noi Processing Center Co., Ltd.
    
    VietnamPOSCO (Liaoning) Automotive Processing Center Ltd.
    
    ChinaPOSCO-Indonesia Jakarta Processing Center, PT
    
    IndonesiaPOSCO China Dalian Plate Processing Center Ltd.
    
    ChinaPOSCO-NCR Coal Ltd.
    
    CanadaPOSCO WA Pty. Ltd.
    
    AustraliaDaewoo International America Corp.
    
    USADaewoo International Deutschland GmbH
    
    GermanyDaewoo International Japan Corp.
    
    JapanDaewoo International Singapore Pte. Ltd.
    
    SingaporeDaewoo Italia S.r.l.
    
    ItalyDaewoo Cement (Shandong) Co., Ltd.
    
    China
 2




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JURISDICTION OFNAME
    
    INCORPORATIONDaewoo (China) Co., Ltd.
    
    ChinaPT. RISMAR Daewoo Apparel
    
    IndonesiaDaewoo Textile Fergana LLC
    
    UzbekistanDaewoo Textile Bukhara LLC
    
    UzbekistanDaewoo International Australia Holdings Pty. Ltd.
    
    AustraliaDaewoo Paper Manufacturing Co., Ltd.
    
    ChinaPOSCO Mauritius Ltd.
    
    MauritiusPOSCO (Zhangjiagang) Stainless Steel Processing Center Co., Ltd.
    
    ChinaDAEWOO INTL MEXICO S.A. de C.V.
    
    MexicoXenesys Inc.
    
    Japan
 3