Sector: Steel and Iron
Latest Quote @ Wed Jun 6 09:13:32 (15 min delayed)
Last Day's Data
POSCO engages in the manufacture and sale of a line of steel products in South Korea. Its products comprise hot rolled and cold rolled products, plates, wire rods, silicon steel sheets, and stainless steel products. The company's hot rolled coils and sheets are used to manufacture structural steel used in the construction of buildings and bridges, railway rolling stocks, industrial pipes and tanks, and automobile chassis; and plates are used in shipbuilding, structural steelwork, offshore oil and gas production, power generation, mining, manufacture of earth-moving and mechanical handling equipment, boiler and pressure vessels, and other industrial machinery. Its wire rods are used primarily by manufacturers of wire, nails, bolts, nuts, and welding rods, as well as used in the manufacture of coil springs, tension bars, and tire cords in the automobile industry. The company's silicon steel sheets are used primarily in the manufacture of power transformers and generators, and rotating machines. POSCO's stainless steel products are used in the chemical, paper mills, aviation, automobile, construction, and food processing industries. The company also produces semifinished products, such as pig iron, billets, blooms, and slabs. POSCO was established in 1968 as Pohang Iron &amp; Steel Co., Ltd. and changed its name to POSCO in 2002. The company is based in Seoul, South Korea.