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Chung Joon Yang named Steelmaker of the Year

Chung Joong Yang, chairman and chief executive officer of POSCO, will be named “Steelmaker of the Year” at AISTech 2013 – The Iron & Steel Technology Conference and Exposition, managed by the Association for Iron & Steel Technology (AIST). The Steelmaker of the Year Award is presented annually by AIST to recognize notable leaders for their contributions to the steel industry.

Chung is recognized as a visionary for the global steel industry for his knowledge of steel operations, dedication to safety, awareness to secure raw materials, enthusiasm to incorporate new technologies, foresight to expand POSCO’s foreign presence, and prudent strategy to promote mutual growth with steel-consuming industries. Chung Joon Yang was elected chairman and chief executive officer of POSCO in February 2009. Prior to his election, he was president and chief executive officer of POSCO Engineering & Construction. His previous positions included president and chief executive officer (2007 to 2008), senior executive vice president (2006 to 2007), general superintendent – Gwangyang Works (2004 to 2006) and head – POSCO Europe (1999 to 2003). Since October 2007, Chung has been serving as chairman of the Korea-Australia Business Council. He was elected as a member of the National Academy of Engineering of Korea (2008) and was appointed president (2011). He served as chairman of the Korea Institute of Metals & Materials (2008 to 2009) and was appointed vice president of the Korea International Trade Association and vice chairman of the Federation of Korean Industries (2009). Since March 2009, Chung has served as chairman of the Korea Iron and Steel Association and as a member of the executive committee of the World Steel Association. Chung’s numerous awards include, among others, the Gold Tower Order of Industrial Service Merit (2007, Korean government), Top chief executive officer (2009, Maeil Business Weekly), Korea’s Most Admired chief executive officer (2010, Seoul Economic Newspaper), chief executive officer of the Year (2012, Korea Management Association) and the Global chief executive officer of Korea (2012, Forbes Korea). Mr. Chung exemplifies the remarkable spirit that is POSCO.