Jump to navigation

Vol 4 (AAC) No 4

Published 1st February 2011

Chung Joon-yang

Chairman and Chief Executive Officer, POSCO

POSCO, a former parastatal that was privatised in 2000, is the world’s third-largest steelmaker and a key supplier to South Korea’s lucrative shipbuilding and automotive industries. The company is worried about its supply chain, and Chung Joon-yang plans to double the group’s self-sufficiency to 50% by 2014. POSCO is on a global hunt for assets, funded by a US$627.4 million war chest.

End of preview - This article contains approximately 271 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.