POSCO (PIDD) - compliance with the korea exchange disclosure
RNS Number : 8524Q
12 November 2012
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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
(Translation of registrant's name into English)
POSCO Center, 892 Daechi 4-dong, Kangnam-gu, Seoul, Korea,
(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
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
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.
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.
Date: November 12, 2012
By /s/ Park, Han-Yong
*Print the name and title under the signature of the signing officer.
Name: Park, Han-Yong
Title: President and Representative Director
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MSCBTBFTMBBBMLT -0- Nov/12/2012 07:00 GMT
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