- Business
- POSCO STEELEON Co., Ltd. (058430.KS) manufactures and sells surface-treated steel sheets, including hot-dip galvanized steel sheets, aluminum-coated steel sheets such as ALCOSTA, aluminum-zinc alloy coated steel sheets, zinc-coated steel sheets, color-coated steel sheets under the INFINeLI brand, high-corrosion resistant MACOSTA sheets, polyester painted steel sheets, printed steel sheets, lami steel sheets, and premium products like PosART high-resolution inkjet printed sheets; the company serves the construction, home appliance, automobile, and electronic industries with products used in roofing, panels, refrigerators, washing machines, and EV battery casings. Founded in 1988 as Pohang Galvanized Steel Co., Ltd. and headquartered in Pohang, South Korea, POSCO STEELEON operates primarily in South Korea with international sales and a production facility in Myanmar; it functions as a subsidiary of POSCO Holdings Inc. and changed its name from POSCO C&C Co., Ltd. in March 2022. Recent developments include the 2021 launch of the integrated INFINeLI color-coated steel brand, achievement of a $500 million export tower award in 2022, receipt of the Minister of Economy and Finance Award for Excellence in ESG Management in 2023, and an 'A' grade in Korea Corporate Governance Service ESG evaluation for four consecutive years as of 2023; the company completed its premium No.4 color-coated steel line in 2018 and PosART factory in 2019 to bolster high-end product capacity.