Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  POSCO    A005490   KR7005490008

POSCO

(A005490)
  Report
End-of-day quote. End-of-day quote Korea Stock Exchange - 11/30
234000 KRW   -2.30%
11/30POSCO : May Expedite the Hyperloop Era
PU
11/27POSCO : Participates in a Regional Regeneration Project
PU
11/26POSCO : Improves Employee Competencies with “New Collar” Program
PU
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

POSCO : Completes Steel Bridge in Vietnam

09/22/2020 | 09:30pm EST

l The steel bridge is built with modular bridge technology where pre-produced parts are assembled on site, thus, securing both constructability and quality
l The bridge is to improve the living conditions of local residents and also connect Korea and Vietnam

POSCO (CEO Jeong-Woo Choi) completed a steel bridge for residents in the Cai Rang district of Can Tho city, Vietnam, where social overhead capital (SOC) infrastructure is relatively poor.

Due to the COVID-19, only a minimum number of people attended the completion ceremony of the steel bridge held on September 17, including POSCO-Vietnam President Hoon Yun, Vice Chairman of the People's Committee of Cai Rang, and director of the Hunger Countermeasures Vietnam Division Sun-Jeong Park.

The construction of the steel bridge is the third time after the first steel bridge in Ba Ria - Vung Tau province, Vietnam, in 2016, and the second one in Yeowa Village, Myanmar, in 2017.

The completed steel bridge is 4.5 meters wide and 18 meters long and applies the modular bridge technology, which means that parts are produced in local factories and transported to, assembled, and installed on site. POSCO and the Ho Chi Minh Transportation Authority jointly developed a small-scale modular bridge model that fits the design standards of Vietnam and enables swift construction in places where poor on-site conditions make the transportation of heavy equipment difficult. Since the main parts of the bridge, such as top plates and girders, are pre-manufactured at a factory, the quality and safety could be secured.

▲ The steel bridge constructed in the Cai Rang district of Can Tho city, Vietnam

POSCO-Vietnam President Hoon Yun said, 'We hope that the replacement of aging bridges with steel bridges will improve the living conditions of residents and become a bridge connecting Korea and Vietnam.'

POSCO plans to take further steps from its current community contribution activities and continue to cooperate with Can Tho City to create a safe residential area. It will also carry out activities to realize symbiotic values, such as pioneering a market.

POSCO Steel Village Project is one of POSCO's social contribution activities that build residential buildings, bridges, and other welfare facilities with POSCO's steel and construction methods. Since 2009, POSCO has been carrying out the project in Thailand, Myanmar, and Indonesia, where its overseas offices are located. In Vietnam, POSCO built a Steel Village consisting of 104 houses, a steel playground, and a steel bridge, a project that continued for three years since 2014. The project was recognized by the United Nations (UN) in 2018 and listed as a case of excellence of the UN's Sustainable Development Goals (UN-SDGs).

Disclaimer

POSCO published this content on 23 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2020 01:29:04 UTC


© Publicnow 2020
All news about POSCO
11/30POSCO : May Expedite the Hyperloop Era
PU
11/27POSCO : Participates in a Regional Regeneration Project
PU
11/26POSCO : Improves Employee Competencies with “New Collar” Program
PU
11/20POSCO : #2 POSCO's Solution for the LNG Industry! (ep.1)
PU
11/19POSCO : #2 POSCO's Solution for the LNG Industry! (ep.2)
PU
11/19POSCO : Meet the Special Volunteer Masters of POSCO
PU
11/18POSCO : Sets to Reduce Fine Dust With Eco-Friendly Air-Purifying Facility
PU
11/16Tokyo Steel to raise product prices for December by up to 3.3%
RE
11/13Top emerging-market companies' dollar debt maturities in coming year
RE
11/13POSCO : and Tata Steel Join Forces to Develop Hyperloop Tubes
PU
More news
Financials
Sales 2020 57 889 B 52,4 B 52,4 B
Net income 2020 1 289 B 1,17 B 1,17 B
Net Debt 2020 8 912 B 8,07 B 8,07 B
P/E ratio 2020 15,5x
Yield 2020 3,17%
Capitalization 19 257 B 17 382 M 17 428 M
EV / Sales 2020 333x
EV / Sales 2021 315x
Nbr of Employees -
Free-Float 89,8%
Chart POSCO
Duration : Period :
POSCO Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends POSCO
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 27
Average target price 281 481,48 KRW
Last Close Price 245 500,00 KRW
Spread / Highest target 26,3%
Spread / Average Target 14,7%
Spread / Lowest Target 1,83%
EPS Revisions
Managers
NameTitle
Jeong-Woo Choi Co-Chief Executive Officer & Director
In-Hwa Chang Co-President, Co-CEO & Director
Seung-Kyu Lim Senior Managing Director & Head-Finance
Hag-Dong Kim Director & Senior Executive Vice President
Tak Jeong Director, Senior EVP & Head-Marketing
Sector and Competitors
1st jan.Capitalization (M$)
POSCO-1.06%16 567
ARCELORMITTAL-1.87%19 400
NUCOR-4.58%16 214
NIPPON STEEL CORPORATION-22.82%11 264
TATA STEEL LIMITED22.43%8 934
STEEL DYNAMICS, INC.6.37%7 617