POSCO Australia Pty Ltd is an Australian foreign-owned proprietary company that derives the bulk of its revenue from investments in mining ventures and the trade of metal commodities and steel products. The company directly employs about 30 people and is based in Sydney. The parent company, Pohang Iron and Steel Company, or POSCO, is a major global producer of steel, headquartered in Pohang, South Korea.
POSCO Australia trades in metal commodities and a range of steel products which are both obtained from and supplied to POSCO. The company also has significant interests in the Australian coal and minerals extraction industry. POSCO Australia has joint venture interests in the following: