POSCO | CIK:0000889132 | 3

  • Filed: 4/27/2018
  • Entity registrant name: POSCO (CIK: 0000889132)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/0001193125-18-136684-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/pkx-20171231.xml
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    • ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory

    As of December 31, 2017, the shares of POSCO are listed on the Korea Exchange, while its ADRs are listed on the New York Stock Exchange.

    (b) Consolidated subsidiaries

    Details of consolidated subsidiaries as of December 31, 2016 and 2017 are as follows:

     

       

    Principal operations

    		   Ownership (%)        
          December 31, 2016     December 31, 2017    
          POSCO     Subsidiaries     Total     POSCO     Subsidiaries     Total     Region  

    [Domestic]

    		                

    POSCO ENGINEERING & CONSTRUCTION CO., LTD.

    		   Engineering and construction     52.80       —       52.80       52.80       —       52.80       Pohang  

    POSCO Processing & Service

    		   Steel sales and trading     93.95       0.45       94.40       93.95       0.45       94.40       Seoul  

    POSCO COATED & COLOR STEEL Co., Ltd.

    		   Coated steel manufacturing     56.87       —       56.87       56.87       —       56.87       Pohang  

    POSCO ICT

    		   Computer hardware and software distribution     65.38       —       65.38       65.38       —       65.38       Pohang  

    POSCO Research Institute

    		   Economic research and consulting     100.00       —       100.00       100.00       —       100.00       Seoul  

    POSMATE

    		   Business facility maintenance     57.25       11.05       68.30       83.83       16.17       100.00       Seoul  

    POSCO A&C

    		   Architecture and consulting     100.00       —       100.00       100.00       —       100.00       Seoul  

    POSCO Venture Capital Co., Ltd.

    		   Investment in venture companies     95.00       —       95.00       95.00       —       95.00       Pohang  

    eNtoB Corporation

    		   Electronic commerce     7.50       53.63       61.13       7.50       53.63       61.13       Seoul  

    POSCO CHEMTECH

    		   Refractories manufacturing and sales     60.00       —       60.00       60.00       —       60.00       Pohang  

    POSCO-Terminal Co., Ltd.

    		   Transporting and warehousing     51.00       —       51.00       51.00       —       51.00       Gwangyang  

    POSCO M-TECH

    		   Packing materials manufacturing and sales     48.85       —       48.85       48.85       —       48.85       Pohang  

    POSCO ENERGY CO., LTD.

    		   Generation of electricity     89.02       —       89.02       89.02       —       89.02       Seoul  

    POSCO NIPPON STEEL RHF JOINT VENTURE.CO.,Ltd.

    		   Steel byproduct manufacturing and sales     70.00       —       70.00       70.00       —       70.00       Pohang  

    MegaAsset Co.,Ltd.

    		   Real estate rental and sales     —       100.00       100.00       —       100.00       100.00       Incheon  

    Future Creation Fund Postech Early Stage account

    		   Investment in venture companies     —       40.00       40.00       —       40.00       40.00       Seoul  

    POSCO WOMAN’S FUND

    		   Investment in venture companies     —       40.00       40.00       —       40.00       40.00       Seoul  

    POSPOWER Co., Ltd.

    		   Generation of electricity     —       100.00       100.00       —       100.00       100.00       Samcheok  

    Songdo Posco Family housing

    		   House manufacturing and management     —       100.00       100.00       —       100.00       100.00       Incheon  

    Posco Group University

    		   Education service and real estate business     100.00       —       100.00       100.00       —       100.00       Incheon  

    HOTEL LAONZENA

    		   Hotel business     —       100.00       100.00       —       100.00       100.00       Daegu  

    Growth Ladder POSCO K-Growth Global Fund

    		   Investment in venture companies     —       50.00       50.00       —       50.00       50.00       Pohang  

    2015 POSCO New technology II Fund

    		   Investment in venture companies     —       25.00       25.00       —       25.00       25.00       Pohang  

    POCA STEM Co., Ltd

    		   Stem cell medicine development     —       100.00       100.00       —       100.00       100.00     Seoul

    Posco e&c Songdo International Building

    		   Non-residential building rental     —       100.00       100.00       —       100.00       100.00     Seoul

    POSCO ES MATERIALS CO., Ltd.

    		   Secondary and storage battery manufacturing     75.32       —       75.32       75.32       —       75.32     Gumi

    Poscoene

    		   Refuse derived fuel and power generation     —       100.00       100.00       —       100.00       100.00     Seoul

    POSCO Humans

    		   Construction     90.30       —       90.30       90.30       —       90.30     Pohang

    Mapo Hibroad Parking co., Ltd.

    		   Construction     —       70.99       70.99       —       71.00       71.00     Seoul

    BLUE O&M Co.,Ltd.

    		   Engineering service     —       100.00       100.00       —       100.00       100.00     Pohang

    Busan E&E Co,. Ltd.

    		   Refuse derived fuel and power generation     70.00       —       70.00       70.00       —       70.00     Busan

    POSCO Family Strategy Fund

    		   Investment in venture companies     69.91       30.09       100.00       69.91       30.09       100.00     Pohang

    POSCO DAEWOO Corporation

    		   Trading, energy & resource development
    and others    		     60.31       —       60.31       62.90       0.04       62.94     Seoul

    Pohang Scrap Recycling Distribution Center Co., Ltd.

    		   Steel processing and sales     —       51.00       51.00       —       51.00       51.00     Pohang

    PSC Energy Global Co., Ltd.

    		   Investment in energy industry     —       100.00       100.00       —       100.00       100.00     Pohang

    Suncheon Eco Trans Co., Ltd

    		   Train manufacturing and management     100.00       —       100.00       100.00       —       100.00     Suncheon

    POSCO Research & Technology

    		   Intellectual Property Services and consulting     —       —       —       100.00       —       100.00     Seoul

    Kyobo Securities Bond Plus 6M Professional Private Equity Trust W-2

    		   Private equity trust     —       —       —       97.47       —       97.47     Seoul

    Kyobo Securities Bond Plus 6M Professional Private Equity Trust W-5

    		   Private equity trust     —       —       —       —       99.67       99.67     Seoul

    Mirae Asset Smart Q Sigma 2.0 Professional Private Equity Trust

    		   Private equity trust     —       —       —       99.01       —       99.01     Seoul

    IT Engineering CO. Ltd

    		   Automotive engineering service     —       17.00       17.00       —       —       —     Seoul

    POSCO Engineering CO.,Ltd

    		   Construction and engineering service     —       95.56       95.56       —       —       —     Incheon

    [Foreign]

    		                

    POSCO America Corporation

    		   Steel trading     99.45       0.55       100.00       99.45       0.55       100.00     USA

    POSCO AUSTRALIA PTY LTD

    		   Raw material sales & mine development     100.00       —       100.00       100.00       —       100.00     Australia

    POSCO Canada Ltd.

    		   Coal sales     —       100.00       100.00       —       100.00       100.00     Canada

    POSCO Asia Co., Ltd.

    		   Steel and raw material trading     100.00       —       100.00       100.00       —       100.00     China

    POSCO-CTPC Co., Ltd.

    		   Steel manufacturing and sales     56.60       43.40       100.00       56.60       43.40       100.00     China

    POSCO E&C Vietnam Co., Ltd.

    		   Steel structure manufacturing and sales     —       100.00       100.00       —       100.00       100.00     Vietnam

    Zhangjiagang Pohang Stainless Steel Co., Ltd.

    		   Stainless steel manufacturing and sales     58.60       23.88       82.48       58.60       23.88       82.48     China

    POSCO(Guangdong) Coated Steel Co., Ltd.

    		   Plating steel sheet manufacturing and sales     87.04       10.04       97.08       87.04       10.04       97.08     China

    POSCO (Thailand) Company Limited

    		   Steel manufacturing and sales     85.62       14.38       100.00       88.58       11.42       100.00     Thailand

    Myanmar POSCO Steel Co., Ltd

    		   Zinc relief manufacturing and sales     70.00       —       70.00       70.00       —       70.00     Myanmar

    POSCO-MKPC SDN BHD

    		   Steel manufacturing and sales     44.69       25.31       70.00       44.69       25.31       70.00     Malaysia

    Qingdao Pohang Stainless Steel Co., Ltd.

    		   Stainless steel manufacturing and sales     70.00       30.00       100.00       70.00       30.00       100.00     China

    POSCO(Suzhou) Automotive
    Processing Center Co., Ltd.

    		   Steel manufacturing and sales     90.00       10.00       100.00       90.00       10.00       100.00     China

    POSCO-China Qingdao
    Processing Center Co., Ltd.

    		   Steel manufacturing and sales     —       100.00       100.00       —       100.00       100.00     China

    POS-ORE PTY LTD

    		   Iron ore sales and sales     —       100.00       100.00       —       100.00       100.00     Australia

    POSCO-China Holding Corp.

    		   Holding company     100.00       —       100.00       100.00       —       100.00     China

    POSCO JAPAN Co., Ltd.

    		   Steel trading     100.00       —       100.00       100.00       —       100.00     Japan

    POS-CD PTY LTD

    		   Coal sales     —       100.00       100.00       —       100.00       100.00     Australia

    POS-GC PTY LTD

    		   Coal sales     —       100.00       100.00       —       100.00       100.00     Australia

    POSCO-India Private Limited

    		   Steel manufacturing and sales     99.99       —       99.99       99.99       —       99.99     India

    POSCO-India Pune Processing Center. Pvt. Ltd.

    		   Steel manufacturing and sales     65.00       —       65.00       65.00       —       65.00     India

    POSCO Japan PC CO., LTD

    		   Steel manufacturing and sales     —       86.12       86.12       —       86.12       86.12     Japan

    POSCO-CFPC Co., Ltd.

    		   Steel manufacturing and sales     39.60       60.40       100.00       39.60       60.40       100.00     China

    POSCO E&C CHINA Co., Ltd.

    		   Civil engineering and construction     —       100.00       100.00       —       100.00       100.00     China

    POSCO MPPC S.A. de C.V.

    		   Steel manufacturing and sales     —       95.00       95.00       21.02       75.29       96.31     Mexico

    Zhangjigang Pohang Port Co., Ltd.

    		   Loading and unloading service     —       100.00       100.00       —       100.00       100.00     China

    POSCO-VIETNAM Co., Ltd.

    		   Steel manufacturing and sales     100.00       —       100.00       100.00       —       100.00     Vietnam

    POSCO MEXICO S.A. DE C.V.

    		   Automotive steel sheet 
    manufacturing and sales    		     84.84       15.16       100.00       84.84       15.16       100.00     Mexico

    POSCAN Elkview

    		   Coal sales     —       100.00       100.00       —       100.00       100.00     Canada

    POSCO-Poland Wroclaw
    Processing Center Sp. z o. o.

    		   Steel manufacturing and sales     60.00       —       60.00       60.00       —       60.00     Poland

    POS-NP PTY LTD

    		   Coal sales     —       100.00       100.00       —       100.00       100.00     Australia

    POSCO RUS LLC

    		   Trading and business development     90.00       10.00       100.00       90.00       10.00       100.00     Russia

    POSCO DAEWOO WAIGAIQIAO
    SHANGHAI CO., LTD

    		   Intermediary trade & bonded 
    warehouse operation    		     —       100.00       100.00       —       100.00       100.00     China

    PT. Bio Inti Agrindo

    		   Forest resources development     —       85.00       85.00       —       85.00       85.00     Indonesia

    POSCO ENGINEERING
    AND CONSTRUCTION AUSTRALIA PTY LTD

    		   Iron ore development and sales     —       100.00       100.00       —       100.00       100.00     Australia

    POSCO-TISCO (JILIN)
    PROCESSING CENTER Co., Ltd.

    		   Steel manufacturing and sales     50.00       10.00       60.00       50.00       10.00       60.00     China

    POSCO Thainox Public Company Limited

    		   STS cold-rolled steel manufacturing and sales     84.93       —       84.93       84.88       —       84.88     Thailand

    Hunchun Posco Hyundai Logistics

    		   Logistics     —       80.00       80.00       —       80.00       80.00     China

    POSCO DAEWOO VIETNAM CO., LTD

    		   Trading business     —       100.00       100.00       —       100.00       100.00     Vietnam

    POSCO(Chongqing) Automotive
    Processing Center Co., Ltd.

    		   Steel manufacturing and sales     90.00       10.00       100.00       90.00       10.00       100.00     China

    SUZHOU POSCO-CORE
    TECHNOLOGY CO., LTD.

    		   Component manufacturing and sales     —       100.00       100.00       —       100.00       100.00     China

    PT.Krakatau Posco Chemtech Calcination

    		   Quicklime manufacturing and sales     —       80.00       80.00       —       80.00       80.00     Indonesia

    POSCO AFRICA (PROPRIETARY) LIMITED

    		   Mine development     100.00       —       100.00       100.00       —       100.00     South
    Africa

    POSCO ICT BRASIL

    		   IT service and engineering     —       100.00       100.00       —       100.00       100.00     Brazil

    LA-SRDC

    		   Scrap manufacturing     —       100.00       100.00       —       100.00       100.00     USA

    DONG FANG JIN HONG

    		   Real estate development, rental
    and management    		     —       100.00       100.00       —       100.00       100.00     China

    POSCO AMERICA
    COMERCIALIZADORA S DE RL DE CV

    		   Human resource service     —       100.00       100.00       —       100.00       100.00     Mexico

    POSCO(Guangdong)
    Automotive Steel Co., Ltd.

    		   Steel manufacturing and sales     83.64       10.00       93.64       83.64       10.00       93.64     China

    POSCO-Malaysia SDN. BHD.

    		   Steel manufacturing and sales     81.79       13.63       95.42       81.79       13.63       95.42     Malaysia

    PT KRAKATAU BLUE WATER

    		   Wastewater treatment facilities 
    operation and maintenance    		     —       67.00       67.00       —       67.00       67.00     Indonesia

    POSCO DAEWOO MYANMAR
    CORPORATION LIMITED

    		   Trading business     —       100.00       100.00       —       100.00       100.00     Myanmar

    POSCO-Italy Processing Center

    		   Stainless steel sheet
    manufacturing and sales    		     80.00       10.00       90.00       80.00       10.00       90.00     Italy

    POSCO DAEWOO E&P CANADA CORPORATION

    		   Crude oil and natural gas mining     —       100.00       100.00       —       100.00       100.00     Canada

    Myanmar POSCO C&C Company, Limited.

    		   Steel manufacturing and sales     —       70.00       70.00       —       70.00       70.00     Myanmar

    POSCO ICT VIETNAM

    		   IT service and electric control engineering     —       100.00       100.00       —       100.00       100.00     Vietnam

    Daewoo Global Development. Pte., Ltd

    		   Real estate development     —       51.00       51.00       —       81.51       81.51     Myanmar

    Myanmar POSCO Engineering &
    Construction Company, Limited.

    		   Construction and engineering service     —       100.00       100.00       —       100.00       100.00     Myanmar

    POS-Minerals Corporation

    		   Mine development management and sales     —       100.00       100.00       —       100.00       100.00     USA

    POSCO(Wuhu) Automotive
    Processing Center Co., Ltd.

    		   Steel manufacturing and sales     68.57       31.43       100.00       68.57       31.43       100.00     China

    POSCO Engineering and Construction
    India Private Limited

    		   Civil engineering and construction     —       100.00       100.00       —       100.00       100.00     India

    POSCO COATED STEEL (THAILAND) CO., LTD.

    		   Automotive steel sheet manufacturing and sales     100.00       —       100.00       100.00       —       100.00     Thailand

    Daewoo Amara Company Limited

    		   Real estate development     —       98.54       98.54       —       85.00       85.00     Myanmar

    Daewoo Power and Infra (PTY) Limited

    		   Electricity     —       100.00       100.00       —       100.00       100.00     South
    Africa

    POSMATE-CHINA CO., LTD

    		   Business facility maintenance     —       100.00       100.00       —       100.00       100.00     China

    Daewoo Precious Resources Co., Ltd.

    		   Resources development     —       70.00       70.00       —       70.00       70.00     Myanmar

    POSCO-Mexico Villagran Wire-rod Processing Center

    		   Steel manufacturing and sales     56.75       10.00       66.75       56.75       10.00       66.75     Mexico

    POSCO-CDSFC

    		   Steel structure manufacturing     50.20       49.80       100.00       50.20       49.80       100.00     China

    POSCO ChengDu Processing Center

    		   Steel manufacturing and sales     33.00       10.00       43.00       33.00       10.00       43.00     China

    POSCO SUZHOU Processing Center Co., Ltd.

    		   Steel manufacturing and sales     30.00       70.00       100.00       30.00       70.00       100.00     China

    POSCO E&C SMART S DE RL DE CV

    		   Civil engineering and construction     —       100.00       100.00       —       100.00       100.00     Mexico

    POSCO Philippine Manila Processing Center, Inc.

    		   Steel manufacturing and sales     —       100.00       100.00       —       100.00       100.00     Philippines

    POSCO E&C HOLDINGS CO., Ltd.

    		   Holding company     —       100.00       100.00       —       100.00       100.00     Thailand

    POSCO E&C (THAILAND) CO., Ltd.

    		   Construction and engineering     —       100.00       100.00       —       100.00       100.00     Thailand

    Daewoo Power PNG
    Ltd.

    		   Electricity production     —       100.00       100.00       —       100.00       100.00     Papua New
    Guinea

    PT.Krakatau Posco Social Enterprise

    		   Social enterprise     —       100.00       100.00       —       100.00       100.00     Indonesia

    Ventanas Philippines Construction Inc

    		   Construction     —       100.00       100.00       —       100.00       100.00     Philippines

    POSCO E&C Mongolia

    		   Construction and engineering service     —       100.00       100.00       —       100.00       100.00     Mongolia

    POSCO Gulf SFC LLC

    		   Steel manufacturing and sales     —       81.93       81.93       —       97.76       97.76     United
    Arab
    Emirates

    SANPU TRADING Co., Ltd.

    		   Raw material trading     —       70.00       70.00       —       70.00       70.00     China

    Zhangjiagang BLZ Pohang International Trading

    		   Steel Intermediate trade     —       100.00       100.00       —       100.00       100.00     China

    POSCO MESDC S.A. DE C.V.

    		   Logistics & Steel sales     —       56.80       56.80       —       56.80       56.80     Mexico

    POSCO ICT-China

    		   IT service and DVR business     —       100.00       100.00       —       100.00       100.00     China

    Pos-Sea Pte Ltd

    		   Steel Intermediate trade     —       67.54       67.54       —       100.00       100.00     Singapore

    POSCO Europe Steel Distribution Center

    		   Logistics & Steel sales     50.00       20.00       70.00       50.00       20.00       70.00     Slovenia

    POSCO ENGINEERING (THAILAND) CO., LTD.

    		   Construction and engineering service     —       100.00       100.00       —       100.00       100.00     Thailand

    POSCO VST CO., LTD.

    		   Stainless steel sheet manufacturing and sales     95.65       —       95.65       95.65       —       95.65     Vietnam

    POSCO Maharashtra Steel Private Limited

    		   Steel manufacturing and sales     100.00       —       100.00       100.00       —       100.00     India

    POSCO India Chennai Steel Processing Center Pvt. Ltd.

    		   Steel manufacturing and sales     100.00       —       100.00       93.34       1.98       95.32     India

    POSCO TNPC Otomotiv Celik San. Ve Tic. A.S

    		   Steel manufacturing and sales     100.00       —       100.00       100.00       —       100.00     Turkey

    POSCO VIETNAM HOLDINGS CO., LTD (formerly, POSCO VNPC Co., Ltd.)

    		   Steel manufacturing and sales     70.00       —       70.00       83.54       5.29       88.83     Vietnam

    POSCO(Liaoning) Automotive Processing Center Co., Ltd.

    		   Steel manufacturing and sales     90.00       10.00       100.00       90.00       10.00       100.00     China

    POSCO-Indonesia Jakarta Processing Center

    		   Steel manufacturing and sales     65.00       20.00       85.00       65.00       20.00       85.00     Indonesia

    POSCO E&C VENEZUELA C.A.

    		   Civil engineering and construction     —       100.00       100.00       —       100.00       100.00     Venezuela

    PT.MRI

    		   Mine development     65.00       —       65.00       65.00       —       65.00     Indonesia

    POSCO TMC INDIA PRIVATE LIMITED

    		   Steel manufacturing and sales     —       100.00       100.00       —       100.00       100.00     India

    POSCO-AAPC

    		   Steel manufacturing and sales     —       97.80       97.80       —       97.80       97.80     USA

    PT PEN INDONESIA

    		   Construction     —       100.00       100.00       —       100.00       100.00     Indonesia

    POSCO(Yantai) Automotive Processing Center Co., Ltd.

    		   Steel manufacturing and sales     90.00       10.00       100.00       90.00       10.00       100.00     China

    POSCO India Steel Distribution Center Private Ltd.

    		   Steel logistics     —       100.00       100.00       —       100.00       100.00     India

    POSCO China Dalian Plate Processing Center Co., Ltd.

    		   Plate manufacturing and sales     80.00       10.00       90.00       80.00       10.00       90.00     China

    POSCO-South Asia Company Limited

    		   Steel sales     100.00       —       100.00       100.00       —       100.00     Thailand

    POSCO SS-VINA Co., Ltd

    		   Steel manufacturing and sales     100.00       —       100.00       100.00       —       100.00     Vietnam

    PT.POSCO ICT INDONESIA

    		   IT service and electric control engineering     —       66.99       66.99       —       66.99       66.99     Indonesia

    POSCO NCR Coal Ltd.

    		   Coal sales     —       100.00       100.00       —       100.00       100.00     Canada

    POSCO WA PTY LTD

    		   Iron ore sales & mine development     100.00       —       100.00       100.00       —       100.00     Australia

    POSCO Engineering and Construction - UZ

    		   Civil engineering and construction     —       100.00       100.00       —       100.00       100.00     Uzbekistan

    POSCO AUSTRALIA GP PTY LIMITED

    		   Resource development     —       100.00       100.00       —       100.00       100.00     Australia

    POSCO DAEWOO POWER (PNGPOM) LTD.

    		   Electricity production     —       100.00       100.00       —       100.00       100.00     Papua
    New
    Guinea

    PT. KRAKATAU POSCO ENERGY

    		   Electricity production construction and operation     —       90.00       90.00       —       90.00       90.00     Indonesia

    POSCO DAEWOO AMERICA CORP.

    		   Trading business     —       100.00       100.00       —       100.00       100.00     USA

    POSCO DAEWOO DEUTSCHLAND GMBH

    		   Trading business     —       100.00       100.00       —       100.00       100.00     Germany

    POSCO DAEWOO JAPAN Corp

    		   Trading business     —       100.00       100.00       —       100.00       100.00     Japan

    POSCO DAEWOO SINGAPORE PTE LTD.

    		   Trading business     —       100.00       100.00       —       100.00       100.00     Singapore

    POSCO DAEWOO ITALIA S.R.L.

    		   Trading business     —       100.00       100.00       —       100.00       100.00     Italy

    POSCO DAEWOO CHINA CO., LTD

    		   Trading business     —       100.00       100.00       —       100.00       100.00     China

    Daewoo Textile LLC

    		   Textile manufacturing     —       100.00       100.00       —       100.00       100.00     Uzbekistan

    POSCO DAEWOO AUSTRALIA HOLDINGS PTY. LTD.

    		   Resource development     —       100.00       100.00       —       100.00       100.00     Australia

    POSCO MAURITIUS LIMITED

    		   Coal development and sales     —       100.00       100.00       —       100.00       100.00     Mauritius

    PT. KRAKATAU POSCO

    		   Steel manufacturing and sales     70.00       —       70.00       70.00       —       70.00     Indonesia

    POSCO DAEWOO MEXICO S.A. de C.V.

    		   Trading business     —       100.00       100.00       —       100.00       100.00     Mexico

    Daewoo International Guangzhou Corp.

    		   Trading business     —       100.00       100.00       —       100.00       100.00     China

    POSCO DAEWOO MALAYSIA SDN BHD

    		   Trading business     —       100.00       100.00       —       100.00       100.00     Malaysia

    PT.POSCO INDONESIA INTI

    		   Mine development     99.99       —       99.99       99.99       —       99.99     Indonesia

    POSCO DAEWOO SHANGHAI CO., LTD.

    		   Trading business     —       100.00       100.00       —       100.00       100.00     China

    PGSF, L.P.

    		   Investment in bio tech Industry     —       100.00       100.00       —       100.00       100.00     USA

    POSCO DAEWOO INDIA PVT., LTD.

    		   Trading business     —       100.00       100.00       —       100.00       100.00     India

    POSCO(Dalian) IT Center Development Co., Ltd.

    		   Real estate development and investment     —       100.00       100.00       —       100.00       100.00     China

    PT. POSCO E&C INDONESIA

    		   Civil engineering and construction     —       100.00       100.00       —       100.00       100.00     Indonesia

    HUME COAL PTY LTD

    		   Raw material manufacturing     —       100.00       100.00       —       100.00       100.00     Australia

    Brazil Sao Paulo Steel Processing Center

    		   Steel manufacturing and sales     —       76.00       76.00       —       76.00       76.00     Brazil

    DAESAN (CAMBODIA) Co., Ltd.

    		   Real estate development and investment     —       100.00       100.00       —       100.00       100.00     Cambodia

    POSCO ENGINEERING
    & CONSTRUCTION DO BRAZIL LTDA.

    		   Construction     —       100.00       100.00       —       100.00       100.00     Brazil

    POSCO ASSAN TST STEEL INDUSTRY

    		   Steel manufacturing and sales     60.00       10.00       70.00       60.00       10.00       70.00     Turkey

    HONG KONG POSCO E&C (CHINA)
    INVESTMENT Co., Ltd.

    		   Real estate development and investment     —       100.00       100.00       —       100.00       100.00     Hong Kong

    Zhangjiagang Pohang Refractories Co., Ltd. (*1)

    		   Refractory materials sales & furnace maintenance     —       —       —       —       51.00       51.00     China

    Golden Lace DAEWOO Company Limited

    		   Rice processing     —       —       —       —       60.00       60.00     Myanmar

    POSCO RU Limited Liability Company

    		   Trade and business development     —       —       —       100.00       —       100.00     Russia

    POSCO DAEWOO UKRAINE LLC

    		   Grain sales     —       —       —       —       100.00       100.00     Ukraine

    KIS Devonian Canada Corporation

    		   Petroleum gas extraction     —       —       —       —       100.00       100.00     Canada

    POSEC Hawaii, Inc.

    		   Real estate Industry     —       100.00       100.00       —       —       —     USA

    POSCO India Delhi Steel
    Processing Center Private Limited

    		   Steel manufacturing and sales     66.40       10.00       76.40       —       —       —     India

    USA-SRDC

    		   Scrap sales     —       100.00       100.00       —       —       —     USA

    POSCO-Vietnam Processing Center Co., Ltd.

    		   Steel manufacturing and sales     87.07       4.98       92.05       —       —       —     Vietnam

    POSCO MAPC SA DE CV

    		   Automotive steel sheet
    manufacturing and sales    		     80.00       20.00       100.00       —       —       —     Mexico

    Yingkou Puxiang Trade Co.,Ltd.

    		   Refractory quality test &
    import and export    		     —       100.00       100.00       —       —       —     China

    SANTOS CMI Guatemala S.A.

    		   Construction and engineering service     —       100.00       100.00       —       —       —     Guatemala

    POSCO India Ahmedabad Steel Processing Center Pvt.Ltd.

    		   Steel manufacturing and sales     100.00       —       100.00       —       —       —     India

    COINSA INGENIERIA Y
    PETROQUIMICA S.R.L

    		   Construction     —       50.00       50.00       —       —       —     Bolivia

    POSCO VIETNAM HOLDINGS CO., LTD

    		   Holding company     79.28       20.72       100.00       —       —       —     Vietnam

    Kwanika Copper Corporation 
    (formerly, Daewoo Minerals 
    Canada Corporation) (*2)

    		   Resources development     —       100.00       100.00       —       —       —     Canada

    Chongqing POSCO CISL Automotive
    Steel Co., Ltd.

    		   Automotive steel sheet
    manufacturing and sales    		     51.00       —       51.00       —       —       —     China

    POSCO YongXin Rare Earth Metal Co., Ltd.

    		   Magnet material manufacturing and sales     —       51.60       51.60       —       —       —     China

    PT. POSCO MTECH INDONESIA

    		   Steelmaking materials manufacturing and sales     —       99.98       99.98       —       —       —     Indonesia

    POSCO (Zhangjiagang) STS Processing Center Co., Ltd

    		   Steel manufacturing and sales     —       100.00       100.00       —       —       —     China

    EPC EQUITIES LLP

    		   Engineering, procurement and construction     —       80.00       80.00       —       —       —     England

    SANTOS CMI CONSTRUCTION TRADING LLP

    		   Engineering, procurement and construction     —       99.90       99.90       —       —       —     England

    SANTOS CMI INC. USA

    		   Engineering, procurement and construction     —       100.00       100.00       —       —       —     USA

    SANTOS CMI ENGENHARIA E
    CONSTRUCOES LTDA

    		   Engineering, procurement and construction     —       99.98       99.98       —       —       —     Brazil

    SANTOS CMI PERU S.A.

    		   Engineering, procurement and construction     —       99.99       99.99       —       —       —     Peru

    SANTOS CMI CONSTRUCCIONES S.A.

    		   Engineering, procurement and construction     —       100.00       100.00       —       —       —     Uruguay

    GENTECH INTERNATIONAL INC.

    		   Engineering, procurement and construction     —       90.00       90.00       —       —       —     Panama

    SANTOS CMI S.A.

    		   Engineering, procurement and construction     —       80.00       80.00       —       —       —     Ecuador

    SANTOS CMI CONSTRUCCIONES
    DE CHILE S.A.

    		   Engineering, procurement and construction     —       99.00       99.00       —       —       —     Chile

    COMPANIA DE AUTOMATIZACION
    &CONTROL, GENESYS S.A.

    		   Engineering, procurement and construction     —       90.00       90.00       —       —       —     Ecuador

    POSCO Electrical Steel India Private Limited

    		   Electrical steel manufacturing and sales     100.00       —       100.00       —       —       —     India

     

     

    (*1) Reclassified to subsidiary from associate during the year ended December 31, 2017.

     

    (*2) Reclassified to joint venture from subsidiary during the year ended December 31, 2017.