Company

1982 ~ 1992Construction in Gwangyang

  • "Power" to prove great achievements
  • While the history of Yeongil Bay was the result of the blood and sweat that comes from creating something out of nothing, Gwangyang Bay was like a roaring applause signaling the great march of Korean steel business out into the world.
    As the history of Pohang Works reflects the steps of a pioneer that cultivated the blank canvas of an undeveloped landscape, Gwangyang Works represents a victorious milestone of technological prowessfor building a steel mill on the sea.
  • 1982
  • September 28Starts Revetment construction work at Gwangyang site

  • 1983
  • January 18Became first company to import coking coal from Tanoma Coal Mine

    May 25Completed second phase of overall construction for Pohang Steelworks Phase 4

  • 1984
  • April 1Elected first ever Technical Master (Technical Master Yeon Bong-hak)

    September 6Launched Pohang CTS

    November 30Completed construction of framing of Gwangyang Revetment (13.6 km)

  • 1985
  • March 5Started overall establishment of equipment and facilities for Gwangyang Works Phase 1

    October 18Completed renovation of Gwangyang site

  • 1986
  • April 1Established UPI

    December 3Opened Pohang University of Science and Technology

  • 1987
  • February 1Selected and implemented 1-company 2-steelwork organizational system

    March 3Established Research Institute of Industrial Science & Technology

    May 7Completed overall establishment of equipment and facilities for Gwangyang Works Phase 1

    October 1Introduced single-rank system for all employees

  • 1988
  • June 10Listed on Korean stock market (First National Stock)

    June 29Organized labor union

    July 2Completed overall construction of Gwangyang Works Phase 2

  • 1989
  • January 27Achieved company-wide cumulative crude steel production of 100 million tons

    March 31Completed construction of stainless steel production plant No.1 and hot-rolling plant

    November 27Established POSDATA

  • 1990
  • November 10Built South Korea's first exclusive football field in Pohang

    December 4Completed overall establishment of equipment and facilities for Gwangyang Works Phase 3

  • 1991
  • April 20Introduced labor welfare fund system

  • 1992
  • July 1Reached 10 million visitors at company

    October 2Completed integrated construction in time to celebrate quarter-century of Pohang Iron and Steel Co., Ltd

    November 16Introduced 4-group 3-shift system