POSCO is engaged in the production of steel products. It operates through Steel, Engineering and Construction, and Trading segments. The Steel segment produces cold rolled, hot rolled, and stain less steel products, plates, wire rods, and silicon steel sheets. The Engineering and Construction segment includes planning, designing, and construction of industrial plants, civil engineering projects, and commercial and residential buildings. The Trading segment exports and imports steel products and raw materials. The company was founded on April 1, 1968 and is headquartered in Pohang, South Korea.