Tag: Posco

POSCO CEO urges increasing competitiveness

POSCO CEO Kwon Ohjoon inspected leading production corporations, Guangdong Pohang Automotive Steel Corporation and Zhangjiagang Pohang Stainless Steel Corporation in China in order to encourage their executives and staff members.

Siemens modernises SSC caster at Posco

Siemens Metals Technologies modernised and put into operation a single-strand continuous caster at Pohang Iron and Steel Co.

POSCO to build a lithium plant in Argentina

POSCO is building a large demo plant in South America as a prelude to the world’s first lithium extraction technology it developed. POSCO held an event on 1 August at the Pohang Plant of POSCO PLANTEC to celebrate the transfer of a massive demo plant facility.

POSCO revises management strategy

newsitemPOSCO CEO Kwon Oh-joon hosted his first Investors Forum at the Korea Exchange in Yeouido, Seoul, where he announced the new management strategy, ‘growth with substantiality’, outlined by focusing on core steel businesses and establishing the foundation for mega-growth, business restructuring for management efficiency, and securing soundness in financial structure.

NLMK, POSCO sign cooperation agreement

NLMK Group, Russian manufacturer of steel and HVA steel products, and South Korean POSCO Engineering and Construction signed a general agreement on strategic cooperation to jointly implement investment projects for modernising blast furnace, steelmaking and rolling operation at the Lipetsk production site.

POSCO supplier for Dongdaegu Multi-Transfer Center

newsitemPOSCO won the bid by Shinsegae E&C to supply H-type steel and thick plate for the Dongdaegu Multi-Transfer Center construction project.

POSCO Board recommends new directors

POSCO held its Board of Directors meeting in February at the Seoul POSCO Center to select the directorship candidates. The Board recommended Seoul School of Integrated Sciences & Technologies President Ilsup Kim, Seah Law Firm Partner Wuyeong Seon, and Seoul National University Department of Economics Professor Donghyeon Ahn as Outside Director candidates, and POSCO CHEMTECH President Jinil Kim, POSCO E&C Vice President Yeonghun Lee, and POSCO Executive Director Dongjun Yoon as External Director candidates.

Green-light for India integrated steelwork project

Korean President Geun-hye Park, who is visiting India as a national guest, held a summit conference with Indian Prime Minister Manmohan Singh and received approval for Korean enterprise to support the Indian government in constructing a steelworks in the State of Orissa.

POSPIA 3.0 begins operations

newsitemPOSCO launched ‘POSPIA 3.0’, the POSCO Family’s unique future management system, in January at POSCO Indonesia’s integrated steelworks.

POSCO begins operation of integrated steelworks

POSCO began operations of Southeast Asia’s first integrated steel works with the lighting of the 3 million ton furnace at Krakatau POSCO for the first time at a ceremony in Cilegon, Indonesia on 23 December 2013.