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POSCO (Pohang Iron & Steel Co.)

Headquarters : 892 Daechi-4-dong Kangnam-ku Seoul South Korea South Korea web www.posco.co.kr tel. 82-2-3457-0114 stock : PKX analytics

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« Ethical » rating of POSCO (Pohang Iron & Steel Co.) , group and subsidiaries

Labor 1 Sales 12 Bn $.€ /year Profit 4 Bn $.€ /1998
[click on the rating for the method or on the number for the data]

year
business
source
2006Posco is world's third-largest steelmaker.Les Echos
2006Korea's largest steelmaker.
2005POSCO produces 31 million tons of steel, is the world's fifth-largest steelmaker.Les Echos
» More business descriptions and market shares for POSCO (Pohang Iron & Steel Co.).
subsidiarycountry%source
Namisa Brazil Les Echos
» More subsidiaries of POSCO (Pohang Iron & Steel Co.)
country
address & contact : production type
incentive source
China China
Zhang-jiagang (82%) :
 Les Echos

  • Executives

  • Environmental impact

  • Human impact

year
employees
<>
social impact : country
source
2006
ILO violation 87 : The brutality and excessive violence frequently used by police against workers claimed another victim on 1 August, when Ha Joong Keun, a member of the Pohang Steel Local Union, died from the head injuries inflicted by riot police while he was demonstrating with the Korean Federation of Construction Industry Trade Unions (KFCITU) outside the POSCO headquarters on 16 July. Eyewitnesses reported on that day that the police used their metal shields to repeatedly hammer Ha Joong Keun’s head. The strike at POSCO was sparked by management’s use of a labour sub-contractor to provide workers to the factory, and the employer’s unwillingness to ensure that sub-contractor bargains in good faith with the union. Workers went on strike on 13 July, sitting in at the factory, and riot police were called in and surrounded the factory. KFCITU then organized the 16 July rally to support the workers at which the attack against Ha Joong Keun occurred. Police using water cannons also broke up another rally, organized by the KCTU in the ensuing week. When the approximately 2500 workers finally ended their sit in on 23 July and left the factory, police swooped in and arrested 138 workers who they identified as the union leaders and representatives of the striking workers. Despite public calls and letters from the ITUC and other international trade unionists to top government officials, no separate and impartial investigation was held to focus on the killing.: South Korea
ITUC-CSI
2002
27100
» More restructuring at POSCO (Pohang Iron & Steel Co.)
» Layoff plans and labour conditions in 2007
year
employees
<>
social impact : country
source
 2 informations, access to subscribers
» More restructuring at POSCO (Pohang Iron & Steel Co.)
» Layoff plans and labour conditions in 2007

  • Lobbying & corruption

  • Subsidy

  • Advertising & marketing

year  salesincome source
2002   12,10,92   billion US$
2001   9,990,64   billion US$
2000   10,871,29   billion US$
1999   11,181,37   billion US$
» More financial data for POSCO (Pohang Iron & Steel Co.)
» Financial delinquency in 2007
yearfinancial misdemeanorsalesincomeassetsbuybacksource
 4 informations, access to subscribers
» More financial data for POSCO (Pohang Iron & Steel Co.)
» Financial delinquency in 2007


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