POSCO

POSCO Overview

Company Headquarters: South Korea

Founded: 1968

Workforce: The company has employed more than 600000 employees.

Company Working:

POSCO is a South Korean multinational steel manufacturing company. It is one of the largest steel producers in the world and produces a wide range of steel products used in various industries, such as automotive, construction, and energy. POSCO is committed to sustainable production and has set targets to reduce its carbon emissions and water usage. The company is also focused on developing new products and technologies to improve the efficiency of its production processes.

Strategy

POSCO's key growth strategy is to expand its operations globally through acquisitions and partnerships. The company has been investing heavily in expanding its operations in Southeast Asia and the Americas, and it has also been exploring new markets in Europe and Africa. Additionally, the company is focused on developing new products and technologies to improve its competitiveness.

Company Snapshot

$55,592.9M

Revenue

600,000

Employees

1968

Founded

South Korea

Headquarters

SWOT Analysis

Strengths

Large production capacity
Strong focus on innovation and R&D
Diversified product portfolio
Strong distribution network

Weaknesses

Dependence on the South Korean market
Limited international presence
Vulnerable to fluctuations in commodity prices
Exposure to geopolitical risks

Opportunities

Development of new technologies to improve efficiency and reduce costs
Growth in demand for steel in the renewable energy sector
Increasing demand for high-quality steel products

Threats

Intense competition from low-cost producers
Regulatory challenges in key markets
Fluctuations in steel prices and raw material prices

Key Developments

Date	Approach	Development
Dec-2020	Expansion	POSCO announced plans to develop a new steel plant in Indonesia with an investment of $6 billion.
March-2019	Joint Venture	POSCO signed an agreement with HBIS Group to establish a joint venture to produce high-end automotive steel in China.

Product Offering

POSCO
- Steel
- Steel Rebars

Financial Performance

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.