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Latest News

Posco sets New World Record for Normalized Blast Furnace Operations

01 June 2005 - Posco has completed the improvement process for its 2nd blast furnace at Kwangyang Works in only 66 days, the shortest time recorded in Posco's history. The blast furnace also achieved normalized operations in only three days from the start of its second-generation operation, setting a new world record.

Posco Continues to Support Small and Mid-sized Companies

01 May 2005 - Posco has pushed ahead with its extensive support measures for small- and mid-sized companies in purchase, sales, human resources development, and partnership.

Posco Completes Hydroforming Plant

01 April 2005 - Posco recently completed construction of its state-of-the-art Hydroforming Plant for the integrated support system for automotive steel plates.

Posco Pledges Support for Small and Medium Enterprises

01 March 2005 - Posco is moving forward with its co-survival management strategy through setting and enforcing an extensive small and medium enterprise support plan in all units including sales, procurement, outsourcing and human resource management.

Posco Accelerates 6 Sigma Efforts

01 February 2005 - Posco is working toward automating its innovation activities by quickly but smoothly pursuing 6 Sigma. In support of its efforts, Posco recently invited CEO Phong Vu of SSMI, a 6 Sigma specialist in the U.S., for a consultation, and began a series of meetings with him regarding the overall activities of 6 Sigma on Jan. 24.

Posco Employees Support Wide Range of Volunteer Activities

01 January 2005 - Under the slogan, "Sharing love and hope", Posco practices altruism through a variety of community service activities that comprise a part of Posco's Corporate Sustainability Management (CSM).

Posco Speeds Up Implementation of Innovative Strategies

01 January 2005 - In an effort to create a world-class corporate culture, Posco continues to implement activities that will help spur innovation in daily business activities.

Posco Implements Life-Long Learning System

01 January 2005 - Posco recently held a ceremony for the declaration of becoming a life-long learning company after deciding to introduce a 'Life-Long Learning System' to enhance corporate competitiveness and improve the quality of employees' lives with harmony in work, relaxation and learning.

Posco Opens Era of 30 Million Tonnes per Year

01 January 2005 - With the production of 30.2 million tonnes of crude steel last year, Posco opened an age of 30 million tonnes of crude steel productivity and consolidated the foundation for a new take-off.

Posco Fosters Increasing Innovation through Six Sigma Training

01 December 2004 - Posco executives recently completed their Six Sigma leadership education program. Armed with new knowledge and skills from their training, Posco executives hope to create innovative activities that will increase the company’s value and improve the overall working environment.

Posco Provides Cash Relief to Smaller, Struggling Companies

01 December 2004 - Posco is taking the initiative to provide relief to financially ailing small and medium-size enterprises (SME). Since it is these types of companies that suffer the most during economic recessions, such as the one now plaguing South Korea, Posco has decided to pay them for goods and services provided entirely in cash.

Posco Celebrates Growing Success with Six Sigma

01 November 2004 - Posco recently held its third Six Sigma Festival, with all executives and employees sharing results of various Six Sigma activities. About 500 people participated in the festival, which was broadcast live over the Internet from Posco website.

VAI to Install Finex Plant for Posco

01 August 2004 -  

BHP Confirms Preliminary Iron Ore Talks with Indian Government

01 August 2004 - BHP Billiton confirms that it has held preliminary discussions with representatives of the state government of Orissa in India about options for its iron ore business. The discussions were held jointly with the Korean steelmaker Posco.

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