Sharing a global vision
Transcription
Sharing a global vision
Sharing a global vision At POSCO, we have a timeless business philosophy for a changing world. Even in the midst of constant growth and innovation, we have always put our standards first. We are a dynamic firm capable of adapting to changing times while staying true to our principles. We are a socially responsible firm that values our customers and local communities as much as our bottom line. And our goal is to be a leading global steelmaker in every measure. 02_Welcome 04_Vision 2009 05_Performance & Facts 06_Steelworks 08_Making Steel 12_Growth & Innovation 14_Growth Engines 16_Business Innovation Contents 18_Leadership & Competitiveness 20_Technical Leadership 22_Product Leadership 26_Sharing & Caring 28_Community Service 30_Sustainable Development 32_Milestones 34_Network 01 Welcome to POSCO At POSCO, we have contributed in myriad ways to Korea’s economic development and the public’s standard of living over the past 37 years by providing a stable supply of reasonably priced, good-quality products to our customers. Since our privatization in 2000, we have engineered a dramatic transformation in the way we do business as we have expanded our crude steelmaking capacity to 32 million tons annually, solidly establishing ourselves as a leading global steelmaker. In today’s rapidly globalizing steel industry, that old axiom “survival of the fittest” has never been more appropriate. And in this time of constant change, we are looking to the future as we continue to enhance our strong corporate image. Building on the rock-solid business foundation we have forged over the past decade, we are now shifting our focus to growth. Toward this end, we will be investing more than US$15.9 billion through 2009 as we forge a sustainable competitive advantage that will keep us at the forefront of steel. With growth and innovation as our mottos, we are now putting in place engines for growth by increasing our manufacturing capabilities and diversifying our international investment portfolio as we take our competitiveness to the next level by securing global technical leadership and developing a highly profitable product mix. We are boldly reinventing the way we do business, creating a progressive, active corporate culture driven by our Process Innovation initiative and Six Sigma program as well as enhancing the transparency of our corporate governance, achieving both quantitative growth and qualitative polish. We are also pursuing sustainable development with a balanced, holistic approach to the challenges of economic profitability, environmental sustainability, and social responsibility. “I want to emphasize that faster growth is the most pressing prerequisite for a bright future. In order to grow faster, we need even greater innovation. Global growth doesn’t just automatically happen when we expand overseas. It requires superior ways of working that the world can accept and embrace. It’s now time for us to take a new path of innovation where change itself becomes a joy. At POSCO, achieving the goals we set and work toward is both a tradition and a talent.” With our sights set on being a top global steel player and a trusted customer and community partner, we are now advancing into new markets with new methods as we strive to create greater value for all our stakeholders. And as we achieve our goal of being a leading global steelmaker in every measure, we will also be taking a major step toward our vision of being a leading global company. We invite you to join us as we forge the future of steel. —Chairman and CEO Ku-Taek Lee during his 2005 new year’s address to employees Best regards, Ku-Taek Lee Chairman & CEO 02 I 03 Vision 2009 Forging a sustainable competitive advantage in steel Responding to ongoing industry globalization and consolidation, our five-year business strategy aims to take our technical and product leadership to the next level, delivering the growth and innovation that will continue to make us one of the world’s most-competitive steelmakers. A company with growth engines for the 21st century The people behind the vision A company with the steel industry’s highest value proposition POSCO A leading global company that leverages its steelmaking capabilities to achieve sustainable growth Growth Build a global production network Step-up global marketing Secure a stable, cost-competitive supply of raw materials Enhance the value of existing ventures and foster new businesses A company with a total commitment to innovation and employee development Innovation Foster and focus on strategic products Secure global technical leadership Secure cost leadership Instill a Six Sigma corporate culture Enhance global business capabilities Expand corporate sustainability management Create a new paradigm in labor relations 10 I 11 Shaping a leading global future Growth & Innovation At POSCO, we believe a firm resolve and willingness to fail are the enablers of organizational change. Today, we are opening the door to new possibilities as we pursue growth and innovation in steel. We are securing a global business presence. We are investing in promising new businesses. We are continually innovating to create better processes. And every day, we move a step closer to our vision of being a leading global company. 12 I 13 Growth Engines Forging our own opportunities for growth An enterprising spirit and ability to discern long-range trends have been the driving forces behind our remarkable growth over the past 37 years. Along the way, we have consistently tapped new opportunities by increasing production capacity, diversifying our global investments, and leveraging our core capabilities to advance into new businesses. And that has prepared us for growth today and tomorrow. Optimizing for productivity Our substantial cost advantage continues to grow as we strategically invest in new facilities and upgrade existing ones. We are now working to achieve an optimal material balance between our two steelworks and eliminate manufacturing bottlenecks as we move steadily toward our domestic crude steel production goal of 35 million tons per year. Leveraging core capabilities in new ways Our POSCO Terminal Co., Ltd. joint venture with Mitsui & Co., Ltd. of Japan provides bulk raw material unloading, storage, and forwarding services. We are now building Korea’s first privately owned LNG terminal that will prepare us to tap new business opportunities as the local energy market deregulates. We are also actively investing in the biotech industry through our partnership with the Postech Biotech Center in Korea and our “POSCO BioVentures I” venture capital fund in the United States as we continue to seek out emerging opportunities in this high-tech field. Trailblazing the next frontier of growth Our progressive localization strategy has produced a remarkably successful Sino-Korean partnership with a nationwide network of steel processing ventures and offices. In November 2003, we founded POSCO China Holding Corporation to oversee our trade with and investments in the world’s largest producer and consumer of steel as we continue to expand our partnership for growth in the years ahead. Investing in the world Our investments in Australia, Canada, Brazil, and South Africa over the years illustrate the successful long-term resource development relationships that help keep us growing. Today, we are exploring business opportunities in India and across Southeast Asia as we work to secure a leadership role in these emerging markets and build an overseas manufacturing network capable of producing 10 million tons of crude steel per year. 14 I 15 Business Innovation Building a leading global company with integrity Grounded in integrity, our commitment to continuous innovation as demonstrated through the completion of our POSPIA integrated information system is accelerating the pace of innovation at POSCO. We embrace high ethical values and standards to safeguard our reputation. And as we continue to create a culture of innovation by putting transparency and knowledge management first, the POSCO brand will grow in value day by day. Upgrading “hardware” and “software” As part of our PI initiative to create a customer-driven, IT-enabled organization, we have put in place POSPIA—the steel industry’s first integrated information system and enterprise portal. In 2005, we formally completed POSPIA with the implementation of an activity-based management system and a total refresh of our manufacturing execution system. Along with this “hardware” upgrade to our infrastructure, we have also been upgrading the “software” of our organization—our people—with Six Sigma as we continue to build a creative and progressive organization capable of evolving to meet tomorrow’s challenges. Championing ethics in business In 2003, we updated our code of conduct, launched a comprehensive training and PR program, and put in place the supporting framework to achieve our goal of ethical excellence. Our efforts were rewarded with the highest ethics rating out of Korea’s top-100 firms in a nationwide university faculty survey conducted by the Gyosu Shinmun. Innovation that captures the world’s attention Our global best practices continue to win accolades around the globe. In 2002, Euromoney ranked us No. 2 in governance in emerging markets. Forbes and others have called us the world’s most efficient steelmaker. And well over 100 global firms and organizations have benchmarked the POSPIA integrated management system that has solidified our lead as one of the world’s most competitive steelmakers. Fostering transparency in governance Distinguished by a clear separation of ownership and management, our modern governance structure is considered to be among Korea’s and Asia’s best. By ensuring outside directors hold over 60% of the seats on our board as well as regularly amending our articles of incorporation to protect and enhance shareholder rights, we continue to fundamentally enhance the POSCO investment proposition. 16 I 17 Sharpening competitiveness through leadership Leadership & Competitiveness At POSCO, we are 100% focused on forging a sustainable competitive advantage that will keep us at the forefront of what is arguably the world’s most competitive industry. And as we develop superior technologies and products, we will also be making a paradigm shift from being one of the world’s most cost-competitive steelmakers to being one of its most technically advanced. 18 I 19 Technical Leadership Making strategic investments in global technical leadership In today’s ultracompetitive business environment, securing a unique technical competitive advantage is essential for companies that aspire to global leadership. At POSCO, our focus on continuous technical innovation as we develop value-added manufacturing technologies and our own proprietary products and processes is what will keep our competitiveness growing in the years ahead. Making business and research strategic partners We are in the business of creating new value for our customers through strategic medium-and long-term R&D. Synergistically linking our business and research strategies, we are now focusing on six strategic fields—automotive steel, API linepipe steel, 400 series stainless steel, high-grade electrical steel, FINEX® ironmaking, and high-strength structural steel—as we take aim at becoming one of the world’s most technically advanced steelmakers. Putting customers in the driver’s seat We believe that customer service and R&D go hand-in-hand. Our active early vendor involvement programs with local and regional automakers typify the strong collaborative partnerships we are now forging. Our new Automotive Steel Application Center is at the heart of an advanced support infrastructure that enables us to deliver total solutions to customer needs, bringing greater value to each relationship. Technology leading steel into the future In August 2004, we broke ground for our first ironmaking plant to use the eco-friendly FINEX® process, a breakthrough technology we expect to replace the centuries-old blast furnace process still used by virtually every steelmaker. Another major innovation we are now perfecting is strip casting, a state-of-the-art process that combines casting and rolling in a single step to reduce flat product manufacturing time by 90%. Collaborating around the globe No company is an island when it comes to R&D. In addition to collaborating with numerous leading steelmakers, universities, and research institutions around the world, we dispatch our people on frequent short-term assignments to work with top international researchers. These efforts gain synergy from the unique industrial-educational-research partnership between our R&D centers, Pohang University of Science and Technology (POSTECH), and the Research Institute of Industrial Science & Technology (RIST). 20 I 21 Product Leadership Boosting global competitiveness with value-added products In 2003, our state-of-the-art automated manufacturing facilities produced 29 million tons of hot-rolled steel, plate steel, wire rod steel, cold-rolled steel, electrical steel, and stainless steel. We continue to steadily increase the value-added component of our sales mix, focusing on four strategic product categories—automotive steel, API linepipe steel, 400 series stainless steel, and high-grade electrical steel. Last but not least, our new customer relationship management and manufacturing execution systems are now empowering us to deliver services tailored to the specific needs of each client as we maximize the productivity of our manufacturing operations, giving us an even greater competitive advantage in the global marketplace. Hot-rolled products We produced 10.36 million tons of finished hot-rolled products in 2004 at five mills and one mini mill at our two steelworks. Our hot-rolled coil output is sold as a finished product to manufacturers of automobile frames and wheels, shipping containers, construction materials, steel pipe, home appliances, and other products as well as being used as a feedstock to make value-added cold-rolled and electrical steel products. Ushering steelmaking into the 21st century with IT At POSCO, information technology is a cornerstone of our leadership strategy. On the manufacturing side, our fully automated network enhances the quality and tolerance characteristics of every product we make. On the business side, our world-class e-procurement and e-sales systems ensure transparency and fairness as they make doing business as speedy, cost-effective, and efficient as possible. Plate products In 2004, we produced 3.33 million tons of plate products at three Pohang mills for the shipbuilding, civil engineering, and construction industries. Our ongoing development focus is on products for advanced applications such as welded and marine structures, pressure vessels, and extreme low-temperature environments. 22 I 23 Wire rod products In 2004, we produced 2.02 million tons of ordinary and specialty wire rod products at three Pohang mills. Ordinary wire rod comes in commercial grades used to make screws and nails as well as higher grades used for wire rope, springs, and underwater cables. Specialty wire rod is used to make specialty screws, high-strength nuts and bolts, piano wire, tire cord, and precision machinery components. Electrical steel products We produced 700,000 tons of electrical steel in 2004 at a single Pohang mill primarily for use in electric motor and transformer cores. We continue to develop and expand production of higher grade grain-oriented and non-oriented products that deliver superior electrical efficiency. Cold-rolled products We produced 8.38 million tons of cold-rolled steel at two Pohang mills and four Gwangyang mills for the automobile, home appliance, machinery, and construction industries in 2004. We continue to grow sales by promoting value-added steel grades for use in auto bodies, food and beverage packaging, and other applications. Stainless steel products Our three Pohang mills produced 1.94 million tons of stainless steel products in 2004 for use in value-added applications such as automotive exhaust systems, kitchenware, and consumer electronics. In recent years, our products have also been used as exterior wall and roofing materials for landmark projects such as Incheon International Airport and Sangam World Cup Stadium in Seoul. 24 I 25 Promising the next generation a more beautiful world Sharing & Caring The challenge for today’s global businesses is to look beyond economic profitability and create meaningful value for society. At POSCO, we believe in sustainable development built on a commitment to systematic environmental management and creative social contribution. Our highest values are to instill in today’s youth the value of caring about others as we work to leave them a cleaner, healthier, and happier world to live in. 26 I 27 Community Service Volunteering to make a difference in life At POSCO, our community service activities are not one-off public relations events. During 2004, our 19,000-plus employees participated in volunteer activities an average of four times each as they made sharing and caring a real part of daily life in our local communities. Continuing the volunteer tradition Volunteerism is a POSCO tradition that dates back to 1991. Today, every department and employee is involved in helping the needy in their local communities in practical, meaningful ways. In 2003, we established “POSCO Volunteers” to provide a more systematic framework for our service efforts that will bring our neighbors and us even closer in the years ahead. Bringing enjoyment to life Enriching community life through culture and sports is another proud POSCO tradition. We host regular concerts at POSCO Center in Seoul and major productions at our performing arts halls in Pohang and Gwangyang. We support various arts events and exhibitions as well as the Gwangju Biennale. We are also an active supporter of football at all levels, operating the Pohang Steelers and Chunnam Dragons pro clubs as well as sponsoring training in Brazil for top youth talent to help develop tomorrow’s stars. Making sharing more beautiful On the third Saturday of each month, we gather in Seoul, Pohang, and Gwangyang for a themed community service program called “Sharing Saturdays”. In early 2004, we hosted a special donation drive to benefit Beautiful Store thrift shops. Our family donated some 137,000 items to the shops, and top management volunteered their time to help with a special sale. These are just two of the many ways we are sharing with and caring for our local communities. Educating Korea’s future The POSCO Educational Foundation runs a total of 14 private schools in Pohang and Gwangyang, providing students from preschool through high school with one of the most comprehensive and holistic educations available in the nation. In addition to operating Pohang University of Science and Technology (POSTECH), the foundation underwrites a variety of scholarships to help foster the talented young minds that will shape Korea’s future. 28 I 29 Sustainable Development Making steel cleaner and greener Eco-efficiency is an integral part of our management philosophy. Each year, we invest a significant amount to prevent pollution and increase environmental awareness as we aim to set the industry standard for sustainable development. Mastering pollution and waste with determination and technology Our “green purchasing” guidelines make eco-friendliness the primary consideration in every purchasing decision from raw materials on up. We regularly evaluate our internal processes to improve the eco-friendliness of our products and operations. We consistently invest in and upgrade facilities to save energy and reduce pollutants and greenhouse emissions. We also recycle an outstanding 98.8% of the waste by-products we generate, including 100% of the slag. Earning a reputation for environmental excellence Recertified in 2002, our ISO 14001 environmental management system plays a key role in making us one of the world’s most environmentally friendly steelmakers. We were honored with an environmental citation at the 4th Asia-Pacific Economic Cooperation Forum in 2002 and an “AA” environmental management rating from Innovest Strategic Value Advisors in 2003. Innovest also cited us for our proactive greenhouse gas mitigation efforts in its Carbon Disclosure Project 2003 report. Developing eco-friendly processes and products In addition to our first eco-friendly FINEX® ironmaking plant currently under construction, we continue to test low-temperature plasma technology that simultaneously removes air pollutants such as SOx, NOx, and HCl. We are also actively promoting steel as the smart economic and environmental choice. Toward this end, we have developed more than 70 environmentally friendly products to date with applications in food and beverage packaging, residential and commercial construction, and other industries. Fostering cleaner and greener communities Whether it is creating a local public park, turning former landfills into nature preserves, promoting environmental awareness through the e-Green World webzine, or sponsoring water resource conservation campaigns, we are actively involved in making everyday life a little cleaner and greener. 30 I 31 Milestones The Pohang Works site then and now June 9, 1973 February 18, 1981 June 10, 1988 October 2, 1992 October 14, 1994 October 4, 2000 July 2, 2001 November 7, 2003 August 17, 2004 Pohang Iron and Steel Co., Ltd. Pohang Phase 1 launched Pohang Phase No. 1 Blast Pohang Phase 4-1 commissioned POSCO stock listed on the Gwangyang Phase 4 commissioned POSCO American Depository Privatization completed POSPIA integrated information New code of conduct POSCO China Holding Ground broken for first FINEX® established Furnace tapped at 7:30 a.m. Steelmaking capacity: 8.5 mtpy Korea Stock Exchange Total steelmaking capacity: 20.8 mtpy Receipts listed on the system commissioned Corporation established ironmaking plant April 1, 1968 April 1, 1970 New York Stock Exchange June 2, 2003 announced Ironmaking capacity: 1.5 mtpy The Gwangyang Works site then and now 32 I 33 Network POSCO Domestic Offices POSCO Coated Steel Co., Ltd. (POCOS) Head Office & Pohang Works Gwangyang Works Seoul Office Tel: 054-220-0114 Fax: 054-220-6000 Tel 061-790-0114 Fax 061-790-7000 Tel 02-3457-0114 Fax 02-3457-6000 Tel 054-280-6114 Fax 054-285-9009 www.pocos.co.kr POSCO Machinery & Engineering Co., Ltd. (POSMEC) Tel 054-279-7114 Fax 054-279-7999 www.posmec.co.kr SeungJu Country Club Tel 061-740-8000 Fax 061-743-9007 www.sjcc.co.kr International Offices EU Office(Düsseldorf) Mexico City Office Tel 49-211-435-300 Fax 49-211-435-3099 Tel 5255-5525-0845 Fax 5255-5247-0475 +Brussels Office Tel 32-2-374-5786 Fax 32-2-374-5922 Hanoi Office Tel 84-4-831-7862 Fax 84-4-831-7861 Rio de Janeiro Office Tel 55-21-3431-3496 Fax 55-21-3431-3497 +Dubai Office Tel 9714-221-8280 Fax 9714-221-8178 Washington D.C. Office New Delhi Office Tel 1-202-785-5643 Fax 1-202-785-5647 Tel 91-11-2467-3686 Fax 91-11-2467-3688 Tel 62-2-256-6135 Fax 62-2-256-6138 POSCO China Holding Corp. Tel 86-10-5166-6677 Fax 86-10-6518-2509 +Singapore Office Tel 65-6220-8223 Fax 65-6220-4212 Tel 054-290-0114 Fax 054-292-3417 www.posrec.co.kr +POSLILAMA Steel Structure Co., Ltd. Tel 84-8-822-0989 Fax 84-8-822-0991 +IBC Corp. Tel 84-8-822-1922 Fax 84-8-822-8562 POS-A.C. Tel 02-3457-3700 Fax 02-3457-3898 www.posac.co.kr POSCON Co., Ltd. Tel 054-280-1114 Fax 054-278-5774 www.poscon.co.kr POSCO Engineering & Construction Co., Ltd. (POSCO E&C) Tel 02-3457-2114 Fax 02-3457-2299 www.poscoenc.com International Offices +Hanoi Office Tel 84-4-831-4181 Fax 84-4-831-4183 +Beijing Office Tel 86-10-6518-0267~8 Fax 86-10-6518-0270 International Affiliates +Shanghai POS-PLAZA Tel 86-21-6875-1287 Fax 86-21-6875-1690 +POSCO E&C(Zhangjiagang) Co., Ltd. Tel 86-512-5853-6095 Fax 86-512-5853-6077 POSCO Steel Service & Sales Co., Ltd. (POSTEEL) Tel 02-3469-5000 Fax 02-3469-6700 www.posteel.com International Offices +Ho Chi Minh Office Tel 84-822-6862 Fax 84-822-6864 +Kuala Lumpur Office Tel 60-2-2615-0040~1 Fax 60-3-2615-0042 +Jakarta Office Tel 62-21-515-7670 Fax 62-21-515-7665 International Affiliates +POS-Tianjin Coil Center Co., Ltd. Tel 86-22-2532-3016 Fax 86-22-2532-3015 +POS-Qingdao Coil Center Co., Ltd. Tel 86-532-608-9926 Fax 86-532-608-9929 Tel 02-3457-8000 Fax 02-564-8880 www.posri.re.kr Tel 061-798-3114 Fax 061-792-1072 www.posm.co.kr POSCO Terminal Co., Ltd. Changwon Specialty Steel Co., Ltd. Tel 055-269-6114 Fax 055-269-6901 www.changwonsteel.co.kr Tel 061-793-7411 Fax 061-793-7414 www.poscoterminal.co.kr International Affiliates Bangkok Office +Shanghai Representative Tel 86-21-5820-0080 Fax 86-21-5820-0081 Domestic Affiliates POSCO Refractories & Environment Co., Ltd. (POSREC) POSCO Machinery Co., Ltd. (POS-M) POSCO Research Institute (POSRI) POSDATA Co., Ltd. Tel 031-779-2114 Fax 031-779-2300 www.posdata.co.kr POSTECH Venture Capital Corp. Tel 054-279-8484 Fax 054-279-8489 www.posventure.co.kr +Zhangjiagang Xiao-Sha Coil Center Co., Ltd. Tel 86-512-5856-5181 Fax 96-512-5855-3911 +Shunde Xingpu Coil Center Co., Ltd. Tel 86-765-633-0413 Fax 86-765-666-1109 +Hong Kong Representative Tel 85-2- 2827-8787 Fax 85-2-2827-5005 +Guangzhou Representative Tel 86-20-3877-1900 Fax 86-20-3891-1610 +Chongging Office Tel 86-23-8903-6558 Fax 86-23-8903-6556 +Suzhou Dongshin Color Metal Sheet Co., Ltd. Tel 86-512-6327-0041 Fax 86-512-6327-0042 +Wuhan Office Tel 86-27-8548-7737 Fax 86-27-8576-5535 +CSC Electronic(Qingdao) Co., Ltd. Tel 86-532-608-9001 Fax 86-532-608-9005 +Shenyang Office Tel 86-24-2281-5810 Fax 86-24-2281-5860 +POS-Thai Coil Center Co., Ltd. Tel 6638-45-4200 Fax 6638-45-4207 +POS-MI Coil Center Co., Ltd. Tel 62-21-8998-2842 Fax 62-21-898-0775 +POSMETAL Inc. Tel 81-92-412-0539 Fax 81-92-452-2788 +POS-Hyundai Tel 91-4111-256057 Fax 91-4111-256458 +AHSCO Tel 90-216-395-8464 Fax 90-216-395-2970 Dalian POSCO-CFM Coated Steel Co., Ltd. (PCCS) Tel 86-411-751-5003 Fax 86-411-751-4710 Zhangjiagang POSCO Stainless Steel Co., Ltd. (ZPSS) Tel 86-512-5856-9211 Fax 86-512-5855-3680 Shunde POSCO Coated Steel Co., Ltd. (Shun Po) Tel 86-757-2660-3003 Fax 86-757-2665-7760 Qingdao Pohang Stainless Steel Co., Ltd. (QPSS) Tel 86-532-683-7020 Fax 86-532-683-7011 POSCO Asia Co., Ltd. (POA) Tel 86-21-6876-9966 Fax 86-21-5081-2120 POSCO Investment Co., Ltd. (POSINVEST) Tel 852-2802-7188 Fax 852-2845-7737 POSCO Japan Co., Ltd. Tel 81-3-3546-1212 Fax 81-3-3546-1215 +Osaka Office Tel 81-6-6214-0970 Fax 81-6-6214-0971~2 +Nagoya Office Tel 81-52-219-9230 Fax 81-52-219-9221 POSVINA Tel 84-8-731-3037 Fax 84-8-731-3619 VSC-POSCO Steel Corp. (VPS) Tel 84-31-850124~5 Fax 84-31-850123 Myanmar-POSCO Steel Co., Ltd. (MPSC) Tel 95-1-635-367 Fax 95-1-635-418 POSCO Australia Pty. Ltd. (POSA) Tel 61-2-9258-9804 Fax 61-2-9241-2001 POSCO Canada Ltd. (POSCAN) Tel 1-604-657-5410 Fax 1-604-669-5805 POSCO America Corp. (POSAM) Tel 1 -201-585-3060 Fax 1-201-585-6001 USS-POSCO Industries (UPI) Tel 1-925-439-6767 Fax 1-925-439-6481 KOBRASCO Tel 55-27-3333-5984 Fax 55-27-3333-4762 POSCO Suzhou Automotive Processing Center Co., Ltd. Tel 86-512-5760-5951~4 Fax 86-512-5760-5938 Benxi Pohang Cold-Rolled Steel Co. Tel 86-414-782-2877 Fax 86-414-782-2833 The Siam United Steel Co., Ltd.(SUS) Tel 66-3868-7290 Fax 66-3868-5133 Vietnam Pipe Corp. (VINAPIPE) Tel 84-31-850126~7 Fax 84-31-850114 POSCHROME Tel 27-11-376-3019 Fax 27-11-376-3049 POSMMIT Tel 603-6092-5200 Fax 603-6092-0382 www.posco.co.kr Head Office & Pohang Works Tel : 82-54-220-0114 Fax : 82-54-220-6000 Gwangyang Works Tel : 82-61-790-0114 Fax : 82-61-790-7000 POSCO Center Tel : 82-2-3457-0114 Fax : 82-2-3457-6000