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POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel manufacturer headquartered in Pohang, South Korea. It had an output of 42,000,000 metric tons (41,000,000 long tons; 46,000,000 short tons) of crude steel in 2015, making it the world's sixth-largest steelmaker by this measure . [ 2 ]
POSCO International Corporation (Korean: 포스코인터내셔널 [5]) is South Korea's largest trading company [6] and a subsidiary of POSCO. The company was founded by Kim Woo-choong in 1967 as Daewoo Industrial Co., Ltd, which ran its business in trading and construction.
Park resigned as president of POSCO in October 1992. In the beginning of POSCO's establishment, Park used it to protect himself from political draft. He laid down the president position right after the establishment of a new government of discord with Kim Young-Sam and his government. He submitted a letter of resignation in October of 5th, 1992.
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POSCO Energy is the largest private energy producer in South Korea. [ 1 ] [ 2 ] It is a member of the POSCO consortium, and was established in November 1969, in South Korea as the nation's first private electricity supplier.
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POSCO Research Institute (POSRI) is a private research institute which provides research-based consulting services for the steel industry. POSRI conducts analysis of the current economic and managerial issues, as well as researches the forward and backward related industries to the steel industry, including energy and environment industries.
Also, he was the director of the manufacturing technology department and the vice-president of POSCO in 2006. Furthermore, he was appointed as the CEO of POSCO E&C in 2008 and rose to the CEO of POSCO in February, 2009. In addition, he has been the 8th executive director of POSTECH from April, 2011.