  posco (formerly pohang iron and steel company) is a multinational steel-making company headquartered in pohang, south korea. it had an output of 39.1 million tonnes of crude steel in 2011, making it the world's fourth-largest steelmaker by this measure.http://worldsteel.org/dms/internetdocumentlist/downloads/statistics/topsteelproducers/document/topsteelproducers.pdf in 2010, it was the world's largest steel manufacturing company by market value.http://media.ft.com/cms/73f82726-385d-11e1-9f07-00144feabdc0.pdf also, in 2012, it was named as the 146th world's largest corporations by the fortune global 500. posco currently operates two integrated steel mills in south korea, in pohang and gwangyang. in addition, posco operates a joint venture with u.s. steel, uss-posco, which is located in pittsburg, california, united states. ==history== ===1968â1971=== in the 1960s, south korean president park chung-hee's administration concluded that self-sufficiency in steel and the construction of an integrated steelworks were essential to economic development. since south korea had not possessed a modern steel plant prior to 1968,yÃ¼lek m.a., taylor t.k. designing public procurement policy in developing countries: how to foster technology transfer and industrialization in the global economy, page 150. google books: http://books.google.com/books?id=ithcfpjeopec&pg=pa150&lpg=pa150&dq=posco+growth+1970-2000&source=bl&ots=imj3pk-vea&sig=vx_z6jal1a_k-dwa0z0gz0j-wty&hl=en&sa=x&ei=wqybu9qld-txyghq2ihycq&am
Automotive_components_companies_of_South_Korea Berkshire_Hathaway Chaebol Companies_established_in_1968 Companies_listed_on_the_Korea_Stock_Exchange Companies_listed_on_the_London_Stock_Exchange Companies_listed_on_the_New_York_Stock_Exchange Companies_listed_on_the_Tokyo_Stock_Exchange North_Gyeongsang_Province POSCO_Group Pohang South_Korean_brands Steel_companies_of_South_Korea