Company profile

Future of POSCO

#
Rank
352
| Quantumrun Global 1000

POSCO (previously known as Pohang Iron and Steel Company) is a global steel-producing company headquartered in Pohang, South Korea. It had a yield of 42 million tons of crude steel in 2015, making it the 4th-largest steel producer in the globe by this measure. It was the biggest steel producing company in 2010 measured by market value.

Home Country:
Sector:
Industry:
Metals
Website:
Founded:
1968
Global employee count:
31768
Domestic employee count:
Number of domestic locations:

Financial Health

3y average revenue:
$54228000000 KRW
3y average expenses:
$5666500000 KRW
Funds in reserve:
$4870190000000 KRW
Market country
Revenue from country
0.68

Asset Performance

  1. Product/Service/Dept. name
    Steel
    Product/Service revenue
    44837000000000
  2. Product/Service/Dept. name
    Trading
    Product/Service revenue
    27008000000000
  3. Product/Service/Dept. name
    Construction
    Product/Service revenue
    9868000000000

Innovation assets and Pipeline

Global brand rank:
436
Investment into R&D:
$136000000 KRW
Total patents held:
5147
Number of patents field last year:
39

All company data collected from its 2015 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the materials sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will enable significantly novel design and engineering possibilities that will impact a variety of sectors from motor vehicles to aerospace to construction and more.
*The increased consumption of these novel materials will lead to higher profit margins for materials sector companies during the late 2020s and long-term growth prospects well into the 2030s.
*By 2050, the world population will rise above nine billion, over 80 percent of whom will live in cities. Unfortunately, the infrastructure needed to accommodate this influx of urbanites does not currently exist, meaning the 2020s to the 2040s will see an unprecedented growth in urban development projects globally, projects fed by resource extraction and materials companies.
*Automation will significantly reduce the operating costs of mining raw materials, as mining companies will gain access to trucks and drilling machines that are increasingly operated by advanced AI systems. These reduced costs will at first lead to higher profit margins for market leading mining companies, but will shrink once these automation technologies become normalized throughout the mining industry.
*While the rise of renewables will result in less drilling business for hydrocarbons, it will increase mining contracts for materials related renewables, such as lithium for solid-state batteries.
*The growing cultural awareness and acceptance of climate change is accelerating the public’s demand for cleaner energy and resource extraction practices, a trend that will lead to stricter regulations by the late 2020s.

COMPANY’S FUTURE PROSPECTS

Company Headlines