POSCO Steel Manufacture

POSCO is a South Korean steel manufacturing company and one of the largest steel producers in the world. The company has a presence in India through its subsidiary, POSCO Maharashtra Steel Private Limited.

POSCO Maharashtra Steel was established in 2005 and operates a steel plant in the state of Maharashtra, India. The plant has a production capacity of 1.8 million tons per year and produces a range of flat steel products, including hot-rolled coils, cold-rolled coils, and galvanized steel.

POSCO Maharashtra Steel is committed to sustainable and responsible steel production, and has implemented various measures to reduce its environmental impact. The company has established a wastewater treatment plant and uses recycled water in its production processes. It has also implemented measures to reduce its greenhouse gas emissions and has set a goal of becoming carbon-neutral by 2050.

In addition to its steel operations, POSCO has also made investments in other industries in India. The company has established a joint venture with SAIL, another major Indian steel producer, to operate a steel plant in the state of Jharkhand. POSCO has also invested in the renewable energy sector in India and has established a solar power plant in the state of Rajasthan.

POSCO is committed to growth in India and sees the country as a key market for its products and services. The company has cited India's growing economy and infrastructure development as key factors driving its investment in the country.

Headquarters: Pohang-si, South Korea

Founder: Park Tae-joon

Founded: 1968

Website: http://www.poscomaharashtra.com/in/