Tag: Posco

POSCO selected a team to receive a special reward for the first Innovation POSCO Project (IP PJT). POSCO selected the Steel Building Material Solution PJT Team as a winner pursuant to the increase of profitability of the company through differentiated ideas in order to respond to Chinese-made low-priced products, and awarded them at the Group Operations Meeting on 23 July. The Steel Building Material Solution PJT Team had an innovative idea to create valuable products using low-priced half-finished products, and created a financial result of approx.

POSCO was selected as the world's most competitive steelmaker this year. The World Steel Dynamics (WSD), an information service provider that analyses the global steel market, held the thirtieth Steel Success Strategies (SSS) forum in June, and announced the results of World-Class Steelmaker Rankings.

Multinational steel maker, POSCO will move to install its FINEX 1 plant with an annual capacity of 600,000 tons to the Indian private steel company, Mesco Steel. POSCO, which has comprehensively examined the application plan for facilities after completing the FINEX 1 plant in 2014, decided to move facilities in the Odisha region in India as a result of continued consultation with Mesco Steel.

POSCO was the only overseas steel corporation to receive the 'Excellent Value Improvement Award' from Toyota Motors, the global automobile company, for the second year running. Toyota announced and awarded its excellent suppliers at the yearly Toyota global supplier convention in Nagoya.

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