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POSCO Named World's Most Competitive Steelmaker
�� �� POSCO, South Korea's leading steelmaker, was named the most competitive steelmaker in the world for the fourth consecutive year, industry sources said Tuesday.

In an assessment of 34 steelmakers around the world, global steel information service provider World Steel Dynamics has given the highest mark to POSCO in areas such as productivity, labor mastery and FINEX technology, according to the sources.

The assessment was conducted on 23 categories, including technology, profitability, cost reduction and financial health.

Russia's NLMK and Severstal were ranked second and third, respectively, with India's JSW coming in fourth.

ArcelorMittal, the world's largest steelmaker, took the 22nd spot, according to the sources.

The Korean steelmaker held the top spot from 2002 to 2004 but was dethroned by its Russian and Indian rivals starting in 2005. It reclaimed the crown in 2010.

Source Text

Source: Yonhap News (Feb. 5, 2013)

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