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Pohang Iron and Steel Company ( POSCO )
Brand VerifiedSouth Korea

Pohang Iron and Steel Company ( POSCO )

POSCO

POSCO is a world-leading manufacturer of high-end steel and a pioneer in green new materials transformation, tracing its origins to 1968 and headquartered in Pohang, South Korea, with dual listings on the Korea Exchange (005490) and the New York Stock Exchange (PKX). Operating through capital-intensive in-house manufacturing, the company deeply focuses on metal structural materials within the full

South KoreaEst. 196860,000KRW 69.095 trillion (~$52 billion, 2025)Gwangyang and Pohang world-class integrated steelworks plus dozens of global bases across Asia and AmericasKRX : 005490Score 90

Business Nature

POSCO Holdings Inc. is South Korea's premier steelmaker and a global pioneer in the transition from traditional metallurgy to advanced battery materials manufacturing. Operating the world's two largest single-site integrated steelworks at Gwangyang and Pohang, POSCO produced 37.79 million tonnes of crude steel in 2025. Its unique dual-engine business model combines conventional steel production with aggressive expansion into secondary battery materials—lithium, nickel, and cathode precursor processing—creating a vertically integrated ecosystem from raw materials to finished battery components. The company's HyREX hydrogen reduction technology represents a generational leap toward zero-carbon steelmaking.

Core Business Areas

Company: Pohang Iron and Steel Company POSCO | Field: Core POSCO is a globally leading integrated steel and materials enterprise, specializing in steel products, non-ferrous metals, and high-end materials in the mineral materials sector, with technological innovation, quality excellence, and global operations as core advantages: Ferrous Metal Ores — [Absolute Core Category] - Steel Products: Production of various steel products core business - Steel Raw Materials: Supply of steel production raw materials - Steel Resources: Development and utilization of steel resources Non-Ferrous Metal Ores — [Important Business Category] - Non-Ferrous Metals: Mining and processing of non-ferrous metals - Copper and Nickel Products: Copper, nickel, and other non-ferrous metal products - Various Non-Ferrous Metals: Development of multiple non-ferrous metals Precious Metal Ores — [High-Value Category] - Precious Metal Mining: Mining and processing of precious metal ores - High-Value Metals: Production of high-value metal products - Precious Metal Resources: Development and utilization of precious metal resources Light Rare Earth Metal Ores — [Special Materials Category] - Light Rare Earth Metals: Mining and processing of light rare earth metals - Specialty Metals: Production of

Industry Rankings

Corporate Report

Pohang Iron and Steel Company (POSCO Holdings Inc.) is a global leading steel manufacturing group, headquartered in Pohang, Gyeongsangbuk-do, South Korea, one of the world's top five steel enterprises. The company's operational network spans more than 50 countries and regions worldwide, with annual revenue of approximately $65 billion, renowned in the global steel industry for technological innovation and product quality, a leading enterprise in the mineral materials field specializing in steel material manufacturing and processing.

Core Business

POSCO's main business covers the entire steel industry chain operation, including steelmaking, rolling, processing and integrated sales services. The company's core business focuses on deep processing of ferrous metal ores and recycling of metal slag, with high-end steel products as the strategic priority, main products including automotive steel plates, home appliance plates, shipbuilding plates and other steel plate products, rebar, wire rod, section steel and other long products, as well as stainless steel plates, stainless steel coils and other special steel products. In terms of technology, the company's independently developed FINEX technology represents a globally leading ironmaking process, and the highly automated production system ensures excellent product quality control. FY2025 data shows the company's annual crude steel capacity reached 43 million tons, steel sales of approximately 38 million tons, with automotive steel plates and electrical steel as high value-added products performing particularly outstanding, electrical steel sales year-on-year growth of 15.5%, fully reflecting its technological advantages in the field of electric vehicle steel.

Global Presence

POSCO's global production system takes South Korea as the core base, with two main steel mills in Pohang and Gwangyang, crude steel capacity of 22 million tons/year and 21 million tons/year respectively. The company has established a processing network covering global major markets, deploying more than 50 processing centers and more than 200 overseas subsidiaries worldwide, with business spanning Asia, Americas, Europe and more than 50 countries and regions. Total employees approximately 35,000, with overseas employees accounting for 40%. From the perspective of regional revenue structure, the South Korean domestic market contributes approximately 50% of revenue, other Asian regions account for 25%, Americas 15%, and other regions 10%, forming a balanced development pattern emphasizing both domestic advantages and global layout.

Core Advantages

POSCO's core competitiveness is reflected in three dimensions: technological R&D, product quality and brand influence. The company continuously increases R&D investment, with FY2025 R&D expenditure reaching $1.5 billion, year-on-year growth of 10.5%, maintaining industry-leading position in areas such as ultra-high-strength automotive plates, efficient electrical steel, and green steel technology. As an important supplier of global automotive plates and electrical steel, the company has passed international authoritative quality certification systems, and is the core supplier of many global high-end customers. In terms of sustainable development, the company actively promotes carbon emission intensity reduction and green production process promotion, with significant ESG practice achievements. FY2025 operating profit reached $4.5 billion, year-on-year growth of 8.5%, with continuous improvement in profitability, reflecting the effectiveness of its strategy transforming from traditional steel manufacturer to high-end, green-oriented development.

VerityRank Score

VerityRank Score of 90/100 reflecting comprehensive evaluation of global market influence, production capacity, technological innovation, and sustainability performance.

VerityRank Score

90/ 100

Based on market presence, financial scale, operational capacity, and brand strength.

Quick Facts

Headquarters

Pohang, Gyeongsangbuk-do, South Korea

Founded

1968

Employees

60,000

Factories

Gwangyang and Pohang world-class integrated steelworks plus dozens of global bases across Asia and Americas

Listing

NYSE: KRX

Categories

Metal Smelting & Processing CompaniesSteel Raw Materials & Semi-Finished Products IndustryPig Iron & Iron Products IndustrySteel Billets IndustryScrap Steel IndustryRolled Metal Semi-Finished Products IndustryMetal Smelting & Processing FactorySteel Raw Materials & Semi-Finished Products IndustryPig Iron & Iron Products IndustrySteel Billets Industry

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: POSCO Official Website | Wikipedia | NYSE: PKX | Reuters