POSCO INDONESIA

With POSCO

Company

President's Message

Dear customers, how are you?

Launched on April 1, 1968 as South Korea’s first-ever integrated steel mill with the national mission of achieving industrialization, POSCO is presently equipped with a crude steel production system capable of producing 41 million tons annually and pursues various global projects in 53 countries around the world, including production and sales activities.

In 2010, POSCO Group Indonesia founded Southeast Asia’s first-ever integrated steel mill in the city of Cilegon in Indonesia's Banten Province in conjunction with Indonesia’s state-owned steel maker PT. Krakatau Steel where it currently produces 3 million tons of steel a year. Moreover, a total of 9 POSCO Group affiliates, including the Karawang Regency, West Java Province-based steel processor PT. POSCO IJPC and the Merauke Regency, Papua Province-based palm plantation PT. Bio Inti Agrindo, are currently operating in various industries all across Indonesia, including the trade, construction and IT industries, growing along with the industrialization of Indonesia.

POSCO constantly strives to help make the world a better place and to create greater corporate value based on the management philosophy of “a Corporate Citizen Growing Together with Society”. Likewise, POSCO Group Indonesia is also determined to grow into a trusted and respected enduring company while pursuing mutual growth with Indonesia by contributing to the growth of the country both as an economy and as a society.

POSCO constantly strives to help make the world a better place and to create greater corporate value based on the management philosophy of “a Corporate Citizen Growing Together with Society”. Likewise, POSCO Group Indonesia is also determined to grow into a trusted and respected enduring company while pursuing mutual growth with Indonesia by contributing to the growth of the country both as an economy and as a society.

I wish you peace and good health.

Thank you.

President Director Kim, Jhi Yong