POSCO (PIDD) - compliance with the korea exchange disclosure RNS Number : 8524Q POSCO 12 November 2012 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of November, 2012 Commission File Number: 1-13368 POSCO (Translation of registrant's name into English) POSCO Center, 892 Daechi 4-dong, Kangnam-gu, Seoul, Korea, 135-777 (Address of principal executive office) (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.) Form20-F [ x ] Form 40-F [ ____ ] [Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes [ ____ ] No [ x ] [If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b) : 82- .] POSCO is furnishing under cover of Form 6-K: Exhibit 99.1: An English-language translation of documents with respect to compliance with the korea exchange disclosure requirement. COMPLIANCE WITH THE KOREA EXCHANGE DISCLOSURE REQUIREMENT REGARDING (REPORT OF) ESTABLISHMENT OF THE SECOND STEELWORKS IN INDIA POSCO has signed a memorandum of understanding with the Government of Karnataka in June 2010 to collaborate in the construction of an integrated steel mill in India. POSCO has filed applications for mining lease with the State Government of Karnataka and is in the process of acquiring land to construct an integrated steel mill near Bellary mining sector in the State of Karnataka. However, due to the cease and desist order from the Supreme Court of India on every mining activities in the State of Karnataka as a result of illegal mining operations therein and the political instability of the State of Karnataka, both the mining lease applications process and land acquisition process are being delayed. POSCO has not yet made any decisions regarding the construction of an integrated steel mill ("Project"). In accordance with the disclosure requirements under the Korea Exchange regulations, however, POSCO will promptly disclose any material information regarding the Project within six (6) months from the date when any such information is made available. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. POSCO (Registrant) Date: November 12, 2012 By /s/ Park, Han-Yong (Signature)* *Print the name and title under the signature of the signing officer. Name: Park, Han-Yong Title: President and Representative Director This information is provided by RNS The company news service from the London Stock Exchange END MSCBTBFTMBBBMLT -0- Nov/12/2012 07:00 GMT
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POSCO PIDD compliance with the korea exchange disclosure
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