Posco Looks for Solutions to its India Woes

Posco has been one sharp steelmaker. The company, based in Pohang on the Korean peninsula's southeastern tip, has long been a symbol that South Korea's old economy can still be innovative and profitable. After all, it is the one Korean company singled out by Warren Buffett as an investment target. His Berkshire Hathaway owns 4.5% of Posco, according to data compiled by Bloomberg.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.