Posco International Corporation (047050) Stock Overview

Posco International Corporation engages in the trading, resource development, and infrastructure development and operation businesses worldwide. It is involved in energy business, that includes exploration, production, trading, transportation, and storage of gas through LNG terminals and cycle power generation; and LNG infrastructure and bunkering business, that includes import terminals and liquefaction plants; and new and renewable energy projects, as well as develops oil and gas resources. The company also provides steel materials used in solar energy, wind power, secondary batteries, and hyperloops sectors; and semi-finished products, bar-shaped steel, hot-rolled, heavy steel plates, cold-rolled, coated products, energy pipes, automotive steel plates, stainless steel, and raw materials for steel used in construction, automotive, plant, machinery, shipbuilding, and energy industries. In addition, it produces and distributes traction motor cores, STS cold-rolled precision materials, and ultra-thin rolled products; back plate processing and steel structures; green industries products; materials and parts; vehicles and traction motor cores, UAM, drones, ultra-thin stainless steel precision materials used in hydrogen fuel cells, battery pouch materials, and smartphone parts; and operates online steel platform. Further, the company offers bioplastics; chemical fiber raw materials; synthetic resin; chemical rubber; and others, such as carbon black, as well as engages in auto part business and infrastructure and industrial plants, such as airport lighting facilities, railways, and ferroalloy submerged arc furnaces. It operates as a grain trading house, and trades in feedstuffs and oilseeds; and produces crude palm oil and cotton materials. The company was formerly known as Posco Daewoo Corporation and changed its name to Posco International Corporation in March 2019. Posco International Corporation was founded in 1967 and is headquartered in Seoul, South Korea.