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Topic: POSCO

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	POSCO - Wikipedia, the free encyclopedia
		POSCO's second-phase mill at Gwangyang was completed in August of 1988.
		POSCO also introduced a new evaluation system under which professional management is evaluated by and compensated for its performance.
		POSCO’s privatization improved its revenue and business profit around the period during privatization was carried out except in 2001 when the most of major steel companies in the world marked red ink.
	en.wikipedia.org /wiki/POSCO (1355 words)

	Posco's quarterly profit falls 48 percent - Boston.com
		Posco's sales during the first quarter declined 18 percent to 4.66 trillion won ($4.88 billion) from a year earlier.
		In March, Posco said it was seeking ways to fend off takeovers, including asking Japan's Nippon Steel Corp. or local pension and state funds to buy its shares.
		Posco shares gained 24 percent in the first three months of this year, partly driven by expectations of a hostile takeover bid.
	www.boston.com /business/articles/2006/04/11/poscos_quarterly_profit_falls_48_percent (399 words)

	POSCO Fellowships
		The POSCO Visiting Fellowship Program, endowed by POSCO, invites outstanding scholars and policy makers, principally from North America and also from Australia, New Zealand, and European countries, to engage in policy-relevant research on political, security, and economic issues in Northeast Asia, including Korea.
		POSCO visiting fellows are in residence at the East-West Center for one to two months and undertake research and writing on an agreed topic.
		In particular, the Year 2006 POSCO Fellowship Program is intended to generate constructive and informative research on four important issues: (1) the development of South-North Korean relations and their implications; (2) the regional political and security order; (3) economic and political change and development; and (4) Northeast Asian economic cooperation.
	www.eastwestcenter.org /stored/misc/POSCO.htm (248 words)

	Posco's 4Q net profit plunges 68 percent - Boston.com
		Posco, the world's fifth-biggest steel maker by output, said Thursday that its fourth-quarter profit plunged 68 percent on lower steel prices dragged down by Chinese overproduction.
		In September, Posco lowered the prices of 11 products by up to 9 percent in its home market, the company's first wide-range price cut in three years, blaming the inroad of cheaper Chinese steel products.
		Posco shares fell 1 percent to 202,500 won ($208) on Thursday.
	www.boston.com /business/articles/2006/01/12/poscos_4q_net_profit_plunges_68_percent (299 words)

	Is POSCO getting into Orissa quicksand?
		POSCO, THE South Korean steel giant, recently entered into a memorandum of understanding with the Orissa Government to establish a 12 million tonnes a year steel plant.
		POSCO will have to compete with a number of claimants for Orissa's iron ore. The Central Government owned Steel Authority of India already has its 1.8 mtpa integrated steel plant at Rourkela set up over four decades ago.
		POSCO, it is learnt, plans to tackle the problem by blending it with imported low alumina iron ore and, in exchange, export the Orissa ore. This proposal has become a contentious issue, with the Opposition political parties, particularly those of the Left, viewing the proposed exports as sale of family silver.
	www.minesandcommunities.org /Action/press682.htm (1015 words)

	Posco Commence Construction of New Steel Plant That Will Use FINEX Technology - News Item
		Posco will re-define the global steel industry with innovative, next generation iron making technology that replaces conventional blast furnaces, which have been used for over 100 years.
		POSCO has actively promoted commercialisation of the technology, which the company expects to finalize by the end of 2005.
		POSCO will position FINEX as its core technology, enabling the company to stand out against others in the global steel industry and increasing its competitiveness.
	www.azom.com /details.asp?ArticleID=2597 (597 words)

	Posco to invest US$12 billion in India — Site Selection Online (Site not responding. Last check: 2007-11-01)
		Among POSCO's facilities in its native Korea is this all-weather dock.
		Another was that Posco would be responsible for development of road, port and power infrastructure in the traditionally under-developed Indian state.
		That $300-million project was pursuant to an agreement Posco reached with Tangguh Consortium of Indonesia for the direct import of LNG last July 2004.
	www.siteselection.com /ssinsider/bbdeal/bd050718.htm (1252 words)

	Fiorano - Customer Success Stories - POSCO
		POSCO is leveraging the power of technology to simplify its Steel manufacturing processes and business related tasks such as connecting the manufacturing systems to its digital management system called POSPIA.
		POSCO is aggressively driving the transformation of Steel Manufacturing processes to standardize the operation systems at each Steel mill.
		The POSCO Architecture group had been asked to design a new system that will resolve the current business and technical problems and also provide the flexibility to adapt to emerging market requirements.
	www.fiorano.com /casestudies/cs_posco.htm (2596 words)

	POSCO stock - The gift of a single share.
		POSCO, formerly known as Pohang Iron & Steel Company Ltd., is a steel producer that manufactures and sells a broad line of steel products in domestic and overseas markets, including hot- and cold-rolled and stainless steel products.
		POSCO is a fully integrated steel producer in Korea.
		POSCO sells primarily to the Korean market, and its major export market is Asia, with Japan accounting for 23.9%, China 21.7% and the rest of Asia 25.1% of its total steel export sales volume in 2001.
	www.singleshare.com /stocks/pkx.shtml (162 words)

	CNN.com - China demand spurs POSCO - Nov. 4, 2003
		POSCO said in a filing to the financial regulator that operating profits in the month rose 33 percent to 312 billion won ($262 million), up from 235 billion won profit a year earlier.
		This indicated POSCO's operating margin rose by 23 percent in October this year, compared with 21 percent both in October last year and September this year.
		Shares in POSCO closed 0.36 percent higher at 139,500 won, compared with a 0.5 percent rise in the broad market.
	edition.cnn.com /2003/BUSINESS/11/04/korea.posco.reut (253 words)

	POSCO (Site not responding. Last check: 2007-11-01)
		With an annual crude steel production capacity of 28 million tons, POSCO is considered by Morgan Stanley to be the most sustainable company in the steel industry.
		POSCO used Oracle9i Designer and Oracle9i SCM, both of which are included in Oracle9i Developer Suite, to support extension of the enterprise resource planning (ERP) applications in Oracle E-Business Suite.
		An immediate benefit realized by POSCO is the saving of development cost and time to market by using Oracle9i SCM.
	www.oracle.com /technology/products/ids/customers/posco.html (516 words)

	POSCO rues over MoU with Orissa : POSCO, Orissa, SEZ benefits, FDI : IBNLive.com : CNN-IBN (Site not responding. Last check: 2007-11-01)
		POSCO says before signing the MOU it did not know that so many hurdles would come up in implementing the project in Orissa.
		Given all the delays, Posco says it will not be able to stick to the 2010 deadline for the commissing the plant.
		POSCO was supposed to be the India's biggest FDI, but it could trun out to be one of the biggest embarassments for the Orissa government if the all important clearances do not come through and the Korean Giant is forced to have a change of heart.
	www.ibnlive.com /news/posco-rues-over-mou-with-orissa/13562-7.html (272 words)

	7,000 new jobs in first phase: Posco
		In keeping with Posco's endeavour to create a truly Indian company, 97 per cent of the plant's total employee strength would comprise Indians during phase one - the critical phase which would lay the foundation of the 12 million tonne project, the sources said.
		India is expected to see significant benefits from the Posco project like creation of approximately 48,000 jobs directly and indirectly in the region and approximately 467,000 man years of employment during the construction phase, the sources said.
		A total of $278.6 billion is the projected economic effect of the project considering taxes and royalty incomes for the central government as well as the Orissa government, the sources said.
	www.rediff.com /money/2006/jun/06posco.htm (489 words)

	Protests Rattle South Korean Exporters - Forbes.com (Site not responding. Last check: 2007-11-01)
		By contrast, the Posco (nyse: PKX - news - people) occupiers were irregular workers for subcontractors, earning a third of what direct employees are paid.
		Though technically not their employer, Posco was criticized for using and hiding behind a dense pyramid of subcontracting.
		Cases such as Posco and Hyundai, atypical as they are, perpetuate a negative image and point to real structural problems in industrial relations.
	www.forbes.com /leadership/2006/07/26/south-korea-posco-cx_0727oxford.html (629 words)

	SAS Success Story: POSCO
		POSCO is well represented internationally, with 24 subsidiaries and 17 offices around the world.
		First, POSCO used SAS to extract, transfer and transform its enterprise resource planning and legacy data into a SAS data warehouse, allowing data to be compared on a like-for-like basis and quality checked.
		By using SAS to identify the reasons for these variations and isolating the factors critical to high profitability, POSCO was able to improve its strategy, delivering an annual return on investment for the project of $1.2 million.
	www.sas.com /success/posco.html (1204 words)

	Encyclopedia of Arda: Posco Baggins (Site not responding. Last check: 2007-11-01)
		The first was named after Posco's grandfather Ponto, while the second and third were named Porto and Peony.
		Posco was born in the Shire-year 1302, and though he may well have lived into his old age, he apparently didn't survive until Bilbo's Farewell Party ninety-nine years later.
		As a Baggins, Posco was related to both Bilbo and Frodo, but only very distantly.
	www.glyphweb.com /arda/p/poscobaggins.html (147 words)

	Journalists boycott Posco conference
		After signing a deal for Rs 52,000 crore (Rs 520 billion) steel project in Orissa, Korean steel major Posco on Thursday got into a public relations disaster when the entire national media waked out of its press conference.
		The fact that Posco chairman and CEO Lee Koo-Taek, who was to address the press conference, failed to turn up even after the protests, further enraged the journalists.
		Posco signed a MoU with the Orissa government on Wednesday for establishing a 12 million tonne integrated steel plant at Paradip with an investment of Rs 52,000 crore.
	www.rediff.com /money/2005/jun/23posco.htm (179 words)

	Posco News
		POSCO Co. Ltd., the world's fifth-largest steel maker, dismissed as "nonsense" a report that it had made a huge, money-losing bet that nickel prices would fall on the London Metal Exchange.
		The illegal nine-day sit-in strike by a POSCO subcontracting company's workers was ended voluntarily yesterday after hurting the industry.
		POSCO Sifts Through Wreckage as Occupation Ends A dismal scene greeted POSCO executives on Friday after the nine-day violent occupation of the steel maker s headquarters in Pohang came to an end.
	www.topix.net /com/pkx (641 words)

	posco (Site not responding. Last check: 2007-11-01)
		POSCO, the third largest steel manufacturing company in the world, and Arizona State University's (ASU) Center for Professional Development (CPD) in the Ira A. Fulton School of Engineering are continuing their relationship through advanced Six Sigma training.
		Last November, POSCO managers attended MBB training at ASU under the direction of Mikel Harry and Phong Vu of the Six Sigma Management Institute and professors Tom Choi, Doug Montgomery, Kevin Dooley and Dan Shunk of ASU.
		Since then, POSCO and ASU have also held a Six Sigma Mega Conference in Seoul, South Korea in conjunction with the Korean Standard Association (KSA), the Korea Economic Daily and the Mikel Harry Six Sigma Management Institute.
	www.eas.asu.edu /fulton/news/posco.php (313 words)

	Nickel short position denied by South Korea's POSCO - Aug. 14, 2006 (Site not responding. Last check: 2007-11-01)
		A POSCO spokeswoman in Seoul said by telephone the company's short position on the LME was less than 1,000 tons.
		Shares of POSCO closed up 0.4 percent at 233,000 won as analysts shrugged off the report, compared with a 0.2 percent gain in the broader market.
		POSCO, which consumed 90,000 tons of nickel last year, is trying to cut its nickel use to 80,000 tons this year because of soaring nickel prices.
	money.cnn.com /rssclick/2006/08/14/news/international/bc.minerals.korea.posco.reut/index.htm?section=money_latest (821 words)

	Posco Provides Cash Relief to Smaller, Struggling Companies (Site not responding. Last check: 2007-11-01)
		Posco and PoSteel, one of Posco's affiliates specializing in sales, have changed their sales policies to place a priority on SMEs that are having difficulties purchasing raw materials due to the recent shortage in steel supplies and to insufficient float money.
		As a result, Posco's imports increased to 630,000 tons for this year as opposed to its normal annual level of 27,000 tons when there is no shortage in steel material supplies.
		As a stellar corporate citizen, Posco is doing all it can to aid domestic client companies by alleviating the hardships caused by an imbalance in the supply and demand of materials.
	www.steelnews.com /04/dec65.htm (421 words)

	Posco & BHP Billiton have big plans in Orissa
		Now Posco, the world's third biggest steel-maker, is targeting India and other south Asian countries in a bid to stay near the top.
		Posco, BHP Billiton have big plans in Orissa: talks held with CM for 10-m tonne steel plant, other projects
		SOUTH Korean steel maker Posco and Australia's mining major BHP Billiton have jointly approached the Orissa Government with a proposal to set up a 10 million-tonne integrated steel plant in the State.
	www.minesandcommunities.org /Action/press414.htm (555 words)

	Steelmaking at POSCO (Site not responding. Last check: 2007-11-01)
		Not only POSCO has now become one of the world's largest steel producers and exporters, but is well recognized as one of the most efficient and modern steel companies in the world.
		This case was prepared to supplement the case "POSCO's Strategy in the Development of Korea" (S-IB-10, Bruce McKern and Ruth Malan, Graduate School of Business, Stanford University), with its focus on manufacturing and decision-making processes at POSCO.
		The generous assistance of the senior executives of POSCO is gratefully appreciated.
	www.stanford.edu /group/scforum/Programs/Teaching/Cases/posco.html (321 words)

	Opposition against MoU with Posco- The Times of India (Site not responding. Last check: 2007-11-01)
		"Congress is not opposed to the Posco steel plant, but would not tolerate export of ore from Orissa on whatsoever ground," he added.
		The gap between the cost at which Posco would get of iron ore and the prevailing market rate is Rs 1600 a tonne.
		This translates to a sum of Rs 96,000 crore considering that the projected ore requirement for plant is 600 million tonne.
	timesofindia.indiatimes.com /articleshow/1149886.cms (479 words)

	StoreAge - News (Site not responding. Last check: 2007-11-01)
		POSCO found the unique, split-path architecture a distinct advantage in its transaction-heavy environment.
		Today, as it celebrates the Fourth anniversary marking its privatization, the company stands at the pinnacle of the steel industry, poised and ready to surpass the 30 million ton mark in annual production and reach a goal of attaining 36 trillion won in corporate value by the year 2007.
		POSCO focus on producing the highest quality steel materials for its customers has enabled the company to become an extremely efficient, production-oriented company.
	www.storeage.com /pages/news_content.asp?intGlobalId=163&intTypeId=2 (778 words)

	POSCO (Site not responding. Last check: 2007-11-01)
		ASU and Korean based POSCO; the forth largest steel manufacturing company in the world will combine forces yet again to produce competitive students and professionals to boost the further growth of engineering.
		POSCO will attain advanced instruction in Sigma Six training from the Fulton School in a mutually beneficial partnership that will gain both parties leverage in the global market.
		The process has been ongoing since last November when POSCO managers attended high-level Master Black Belt (MBB) training at ASU and then held their own Sigma Six Mega Conference in Seoul, South Korea.
	www.eas.asu.edu /fulton/faculty/news/POSCO.php (213 words)

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