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Posco Celebrates 33rd Year of Steel Production
Jun. 1, 2006 - June 2006 — Posco recently celebrated 33 years of producing steel in Korea, with a ceremony at the 1st Furnace of Pohang Works.
Pohang Works started building its first p
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Posco Develops Tamper-Proof Mill Sheets
May 1, 2006 - May 2006 — Posco has developed a system to ensure that its mill sheets will remain free of forgery and alteration. The new technology, which was developed by Posco’s Produc
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Posco Raises the Bar for Average PCI Rates
Nov. 1, 2005 - Posco recently achieved pulverized coal injection rates of 204 kg per tonne of hot metal on all blast furnaces at its Kwangyang Works. The 204 kg/tonne rate is the highest average rate of pulverized coal injection (PCI) in the company, and has helped to significantly lower ironmaking costs.
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Posco Establishes Foundation for Social Responsibility
Sep. 1, 2005 - Posco recently established the "Posco TJ Park Foundation" as part of its effort to expand its social contribution activities. It will be managed with KRW 100 billion and aims to fulfill Posco's social responsibilities as a sustainable company.
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Posco Jumps 85 Places in Fortune’s 2005 Global 500
Aug. 1, 2005 - Moody's has upgraded Posco from A3 to A2, which is even higher than the national credibility grade for all of Korea (A3). Posco’s new rating is the highest among the credibility grades of all blast furnaces of the world, and is the second highest among all steelworks after Nucor, which is ranked as A1.
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Posco Completes Plate Mill II Improvements
Aug. 1, 2005 - The Plate Rolling Dept. of Posco’s Pohang Works recently held a ceremony to commemorate completion of improvements in the Plate Mill II, making its first step to launching a system of high-quality steel production.
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Posco to Construct Integrated Steelworks in India
Jul. 1, 2005 - Posco recently signed a memorandum of understanding with the Orissa State government of India for construction of an integrated steelworks and development of a mine at Bhubaneswar, the capital of Orissa.
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Posco sets New World Record for Normalized Blast Furnace Operations
Jun. 1, 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.
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Posco Completes Hydroforming Plant
Apr. 1, 2005 - Posco recently completed construction of its state-of-the-art Hydroforming Plant for the integrated support system for automotive steel plates.
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Posco Pledges Support for Small and Medium Enterprises
Mar. 1, 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.
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Posco Accelerates 6 Sigma Efforts
Feb. 1, 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.
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Posco Implements Life-Long Learning System
Jan. 1, 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.
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Posco Opens Era of 30 Million Tonnes per Year
Jan. 1, 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.
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Posco Fosters Increasing Innovation through Six Sigma Training
Dec. 1, 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.
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Posco Provides Cash Relief to Smaller, Struggling Companies
Dec. 1, 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.
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Posco's POS-TIANJIN Ready for Second Launch
Nov. 1, 2004 - POS-TIANJIN Coil Center Co., Ltd. recently held a ceremony to celebrate its ten-year anniversary at its office in Tianjin, China. To commemorate the event, the company vowed to restructure and re-launch itself as an integrated processing and logistics center.
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Posco Celebrates Growing Success with Six Sigma
Nov. 1, 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.
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BHP Confirms Preliminary Iron Ore Talks with Indian Government
Aug. 1, 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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