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            <title>Asia &#8211; Official POSCO Group Newsroom</title>
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				<title>Going Big: China’s Super-Sized Infrastructure</title>
				<link>https://newsroom.posco.com/en/going-big-chinas-super-sized-infrastructure/</link>
				<pubDate>Fri, 19 Jan 2018 16:10:57 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
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									<description><![CDATA[China is the largest steel producing country in the world. Paired with its abundance of capital and available labor, the country has taken on numerous building]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">China is the </span><a href="https://www.worldsteel.org/media-centre/press-releases/2017/world-steel-in-figures-2017.html" target="_blank" rel="noopener"><span style="font-weight: 400;">largest steel producing country</span></a><span style="font-weight: 400;"> in the world. Paired with its abundance of capital and available labor, the country has taken on numerous building projects over the years to build up its economy and facilitate trade with other regions. </span></p>
<p><span style="font-weight: 400;">However, these building projects are on another level of huge, and with all the megacities popping up throughout the country, China boasts many of the biggest infrastructure projects in the world. Here’s the Steel Wire’s look at some of the most impressive to date.</span></p>
<h2><b>Three Gorges Dam</b></h2>
<p><span style="font-weight: 400;">China is home to the largest dam in the world, measuring 1.5 miles in length and sitting 60 (!) stories tall. The Three Gorges Dam took 1.92 million tons of rolled steel to complete, along with 10.82 million tons of cement and 1.6 million cubic meters of timber. The dam opened in 2003 on the Yangtze River and last year, generated a record-high </span><a href="https://www.thebalance.com/top-ten-largest-construction-projects-844370" target="_blank" rel="noopener"><span style="font-weight: 400;">97.8 billion kilowatt-hours</span></a><span style="font-weight: 400;"> of electricity, 4.35 percent higher than the previous year.</span></p>
<div id="attachment_13595" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam.jpg" target="_blank" rel="noopener"><img class="wp-image-13595" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam-1024x636.jpg" alt="The Three Gorges Dam on the Yangtze River in China." width="1000" height="621" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam-1024x636.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam-800x497.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam-768x477.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam.jpg 1200w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The Three Gorges Dam is the biggest dam in the world and is made up of 1.92 million tons of steel. (Source: <a href="https://en.wikipedia.org/wiki/Three_Gorges_Dam" target="_blank" rel="noopener">Wikipedia</a>)</p></div>
<h2><b>Beijing Capital International Airport</b></h2>
<p><span style="font-weight: 400;">Beijing Capital International Airport (PEK) was the second largest and busiest airport in the world in 2016, just behind the Hartsfield–Jackson Atlanta International Airport in the U.S. PEK recorded </span><a href="http://www.businessinsider.com/20-busiest-airports-in-the-world-2017-5/#no-2-beijing-capital-international-airport-pek-94393454-passengers-in-2016-19" target="_blank" rel="noopener"><span style="font-weight: 400;">94,393,454</span></a><span style="font-weight: 400;"> passengers that flew in and out in 2016, a 5 percent increase from 2015, and is easily the biggest airport in all of Asia. </span></p>
<div id="attachment_13590" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Beijing-Capital-International-Airport.jpg" target="_blank" rel="noopener"><img class="wp-image-13590" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Beijing-Capital-International-Airport.jpg" alt="Bird’s eye view of the runway at Beijing Capital International Airport in China." width="1000" height="500" /></a><p class="wp-caption-text">Beijing Capital International Airport is the biggest airport in Asia, and second in the world. (Source: <a href="https://www.topchinatravel.com/china-guide/the-largest-airport-in-china-beijing-capital-international-airport.htm" target="_blank" rel="noopener">Top China Travel</a>)</p></div>
<p><span style="font-weight: 400;">The first phase of the airport cost USD 3.5 billion and was completed in 2008, but in order to handle the growing number of passengers, an expansion project is planned for 2025. The estimated 5-year project will almost </span><a href="https://blogs.wsj.com/chinarealtime/2014/12/16/why-beijing-needs-a-new-13-billion-airport/" target="_blank" rel="noopener"><span style="font-weight: 400;">double PEK’s capacity</span></a><span style="font-weight: 400;"> and cost an additional USD 13 billion.   </span></p>
<h2><b>Jiaozhou Bay Bridge</b></h2>
<p><span style="font-weight: 400;">China is also home to the longest sea-crossing bridge in the world. The massive structure stretches over 26.4 miles and connects the cities of Qingdao and Huangdao. The 110ft width accommodates 6 traffic lanes that are supported by 5200 steel pillars.</span></p>
<div id="attachment_13592" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge.jpg" target="_blank" rel="noopener"><img class="wp-image-13592" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge-1024x672.jpg" alt="Bird’s eye view of Jiaozhou Bay Bridge in China covered by clouds." width="1000" height="656" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge-1024x672.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge-800x525.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge-768x504.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge.jpg 1500w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The Jiaozhou Bay Bridge is held up by 5200 steel pillars. (Source: <a href="https://feel-planet.com/jiaozhou-bay-bridge-china/" target="_blank" rel="noopener">Feel the Planet</a>)</p></div>
<p><span style="font-weight: 400;">The bridge first opened in 2011 and took </span><a href="http://www.telegraph.co.uk/news/worldnews/asia/china/8608279/China-opens-worlds-longest-sea-bridge.html" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 2.3 </span></a><span style="font-weight: 400;">billion and over 10,000 workers to build. The Jiaozhou Bay Bridge also took </span><a href="http://www.telegraph.co.uk/news/worldnews/asia/china/8608279/China-opens-worlds-longest-sea-bridge.html" target="_blank" rel="noopener"><span style="font-weight: 400;">450,000 tons</span></a><span style="font-weight: 400;"> of steel to complete, allowing the bridge to be able to withstand earthquakes up to 8.0 in magnitude, typhoons and the force from a 300,000-ton object.  </span></p>
<h2><b>Jiuquan Wind Power Base</b></h2>
<p><span style="font-weight: 400;">Not surprisingly, the largest wind farm in the world located in China. Jiuquan Wind Power Base is made up of 7,000 turbines that generate enough electricity to sustain a small country. The plant was approved in 2008, and the government has pledged an additional </span><a href="https://www.nytimes.com/2017/01/15/world/asia/china-gansu-wind-farm.html?mtrref=www.google.co.kr" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 17.4 billion</span></a><span style="font-weight: 400;"> by 2020 as part of the effort to develop China’s renewable energy industry. For now, only </span><a href="https://www.nytimes.com/2017/01/15/world/asia/china-gansu-wind-farm.html?mtrref=www.google.co.kr" target="_blank" rel="noopener"><span style="font-weight: 400;">3.3 percent</span></a><span style="font-weight: 400;"> of all the electricity generated in China comes from wind turbines. With the additional investment, Jiuquan Wind Power Base will be able to generate a massive 20 gigawatts of sustainable electricity. </span></p>
<div id="attachment_13594" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base.jpg" target="_blank" rel="noopener"><img class="wp-image-13594" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base-1024x535.jpg" alt="The Jiuquan Wind Power Base in China at sunset." width="1000" height="523" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base-1024x535.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base-800x418.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base-768x402.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base.jpg 1050w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The Jiuquan Wind Power Base generates enough energy to power a small nation. (Source: <a href="https://www.nytimes.com/2017/01/15/world/asia/china-gansu-wind-farm.html" target="_blank" rel="noopener">The New York Times</a>)</p></div>
<h2><b>New Century Global Center</b></h2>
<p><span style="font-weight: 400;">What does the biggest building in the world look like? A mini country. Located in Chengdu, Sichuan province, the New Century Global Center combines a shopping mall, water park, hotels, movie theaters, offices, restaurants, ice rink and more into </span><a href="http://www.dailymail.co.uk/news/article-2360182/Take-look-inside-worlds-biggest-building-Chinese-dome-houses-shopping-centre-Mediterranean-village-water-park--ice-skating-rink-multiple-hotels.html" target="_blank" rel="noopener"><span style="font-weight: 400;">19 million sq.ft.</span></a><span style="font-weight: 400;"> of space. The structure is made of glass and steel and measures 500 meters long, 400 meters wide and 100 meters high. Designed by architect Zaha Hadid, it even has artificial sun for the perfect weather, 24 hours a day. </span></p>
<div id="attachment_13593" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center.jpg" target="_blank" rel="noopener"><img class="wp-image-13593 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center.jpg" alt="Inside look at the New Century Global Center in China." width="1000" height="667" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center.jpg 1000w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The New Century Global Center located in Chengdu is the largest city in the world. (Source: <a href="https://www.thousandwonders.net/photo/5077" target="_blank" rel="noopener">Thousand Wonders</a>)</p></div>
<h2><b>Port of Shanghai</b></h2>
<p><span style="font-weight: 400;">The world’s biggest ports are mostly located in China, and the biggest one is the Port of Shanghai. In 2012, </span><a href="http://www.ship-technology.com/features/feature-the-worlds-10-biggest-ports/" target="_blank" rel="noopener"><span style="font-weight: 400;">744 million</span></a><span style="font-weight: 400;"> tonnes of cargo and </span><a href="http://www.ship-technology.com/features/feature-the-worlds-10-biggest-ports/" target="_blank" rel="noopener"><span style="font-weight: 400;">32.5 million</span></a><span style="font-weight: 400;"> twenty-foot equivalent units (TEUs) of steel containers passed through the port. The entire area of the port on the Yangtze River covers 3,619km² comprised of 3 main ports: Wusongkou, Waigaoqiao and Yangshan Deep-Water Port. About 25 percent of China’s trade passes through the Port of Shanghai, or 2,000 steel container ships per month. </span></p>
<div id="attachment_13596" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai.jpg" target="_blank" rel="noopener"><img class="wp-image-13596 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai.jpg" alt="The Port of Shanghai at night time." width="1000" height="667" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai.jpg 1000w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The Port of Shanghai is the largest port in the world and a quarter of China’s trade passes through it. (Source: <a href="https://tax.thomsonreuters.com/blog/onesource/global-trade/free-trade-agreement-fta-automation/" target="_blank" rel="noopener">Thomson Reuters</a>)</p></div>
<p><span style="font-weight: 400;">Most recently, the 4th phase of the Yangshan Deep-Water Port was completed, making it the largest automated port in the world. It spans across 2.23 million square meters, and can automatically handle 4 million standard containers per year, or 25 per hour. It was also built to accommodate the heaviest ships in the world. </span></p>
<p><span style="font-weight: 400;">China is using its steel to build up the country’s infrastructure, and set world records along the way. Besides being impressive in size, the structures are expected to contribute to greater connectivity and economic prosperity throughout China. </span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of </span><a href="https://www.morganstanley.com/ideas/china-small-cities-economic-growth" target="_blank" rel="noopener"><span style="font-weight: 400;">Morgan Stanley</span></a><span style="font-weight: 400;">. </span></p>
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				<title>PosMAC Shines at Renewable Energy India 2016, Asia’s Largest Energy Trade Expo</title>
				<link>https://newsroom.posco.com/en/posmac-shines-renewable-energy-india-2016-asias-largest-energy-trade-expo/</link>
				<pubDate>Mon, 19 Sep 2016 11:32:05 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Press Release]]></category>
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		<category><![CDATA[exhibition]]></category>
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		<category><![CDATA[steel industry]]></category>
									<description><![CDATA[POSCO was the first in the global steel industry to be acknowledged for sustainability at the 10th Renewable Energy India (REI) expo, a three-day event]]></description>
																<content:encoded><![CDATA[<p>POSCO was the first in the global steel industry to be acknowledged for sustainability at the 10th Renewable Energy India (REI) expo, a three-day event organised by UBM India from 7th to 9th September, 2016 at the India Expo Center in Greater Noida. Over the years, the show has established itself as an important event for the Asia-Pacific region with more than 25,000 industry visitors. With 40 participating countries, over 650 exhibitors, more than 1000 delegates and the presence of several renowned Indian/global brands, the 2016 REI expo witnessed participation from the solar, wind, bio-mass/fuel, small hydro, geothermal and energy efficiency sectors.</p>
<p>POSCO-India (under the direction of Chairman &amp; Managing Director Gee Woong Sung) participated at the REI 2016 Expo by jointly sharing the exhibit space with Ganges Internationale (a client and India’s main solar structure manufacturer), intending to popularize PosMAC steel in the solar panel market in India. At present, Ganges International is procuring PosMAC steel from POSCO, making solar structures and supplying it to end users. During the expo, POSCO-India intensively promoted the application of PosMAC in the solar industry through targeting major IPP and EPC companies such as Adani, NEXTracker, Acme, etc.</p>
<div id="attachment_9500" style="width: 1310px" class="wp-caption aligncenter"><img class="wp-image-9500 size-full" src="https://newsroom.posco.com/en//wp-content/uploads/2016/09/1300x550_01-7.jpg" alt="Gee Woong Sung, Chairman &amp; Managing Director of POSCO-India, during the 2016 REI expo." width="1300" height="825" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/09/1300x550_01-7.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/09/1300x550_01-7-800x508.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/09/1300x550_01-7-768x487.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/09/1300x550_01-7-1024x650.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /><p class="wp-caption-text">Gee Woong Sung, Chairman &amp; Managing Director of POSCO-India, during the 2016 REI expo.</p></div>
<p>The demand for highly durable PosMAC is on the rise and POSCO-India aims to make it a widely used product in the solar power industry by strengthening the sales of POSCO’s solutions marketing and World Premium (WP) products in India. The exhibition gave a great platform for POSCO to interact with visitors from varied industries and from different countries across the globe. It was a remarkable opportunity to promote PosMAC as well as to identify the customer needs. The visitors and potential clients showed keen interest for the product, made queries on product specifications and seemed quite impressed with the benefits offered by PosMAC.</p>
<div id="attachment_9501" style="width: 1310px" class="wp-caption aligncenter"><img class="size-full wp-image-9501" src="https://newsroom.posco.com/en//wp-content/uploads/2016/09/1300x550_02-7.jpg" alt="POSCO-India officials interact with visitors during the 2016 REI expo." width="1300" height="825" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/09/1300x550_02-7.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/09/1300x550_02-7-800x508.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/09/1300x550_02-7-768x487.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/09/1300x550_02-7-1024x650.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /><p class="wp-caption-text">POSCO-India officials interact with visitors during the 2016 REI expo.</p></div>
<p>Owing to the business interactions that took place during the expo, the PosMAC sales volume is expected to increase. POSCO-India aims to grab this opportunity and accelerate the PosMAC sales by strengthening solution marketing and taking advantage of the growing solar energy market in India.</p>
<p>&nbsp;</p>
<p><img class="aligncenter size-full wp-image-9282" src="https://newsroom.posco.com/en//wp-content/uploads/2016/08/Related-Article.jpg" alt="Related Article" width="1300" height="76" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/08/Related-Article.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/08/Related-Article-800x47.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/08/Related-Article-768x45.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/08/Related-Article-1024x60.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p><a href="https://newsroom.posco.com/en/solar-energy-development-key-future-energy/" target="_blank">Solar Energy Development is the Key to the Future of Energy</a></p>
<p><a href="https://newsroom.posco.com/en/posmac-seminar-promotes-poscos-world-premium-products-india/" target="_blank">PosMAC Seminar Promotes POSCO’s World Premium Products in India</a></p>
<p>&nbsp;</p>
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				<title>Steel Fireworks Light Up a Steel City During Chinese New Year</title>
				<link>https://newsroom.posco.com/en/steel-fireworks-light-up-a-steel-city-during-chinese-new-year-2/</link>
				<pubDate>Mon, 08 Feb 2016 17:00:30 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[chinese]]></category>
		<category><![CDATA[chinese festival]]></category>
		<category><![CDATA[Chinese New Year]]></category>
		<category><![CDATA[city]]></category>
		<category><![CDATA[Cultural Revolution]]></category>
		<category><![CDATA[festival]]></category>
		<category><![CDATA[fireworks]]></category>
		<category><![CDATA[happy new year]]></category>
		<category><![CDATA[happynewyear]]></category>
		<category><![CDATA[Intangible Cultural Heritage]]></category>
		<category><![CDATA[iron]]></category>
		<category><![CDATA[lunanewyear]]></category>
		<category><![CDATA[material]]></category>
		<category><![CDATA[metal]]></category>
		<category><![CDATA[New Year]]></category>
		<category><![CDATA[newyear]]></category>
		<category><![CDATA[urbanization]]></category>
									<description><![CDATA[Chinese New Year—also known as Lunar New Year—is an important festival celebrated throughout Asia at the turn of the traditional lunisolar Chinese calendar.]]></description>
																<content:encoded><![CDATA[<p>Chinese New Year—also known as Lunar New Year—is an important festival celebrated throughout Asia at the turn of the traditional lunisolar Chinese calendar. Celebrations are festive and grandiose, involving enormous feasts of holiday treats, spectacular parades, gift-giving among friends and family, and fireworks—lots and lots of fireworks. While setting off firecrackers was traditionally believed to frighten off evil spirits, restrictions in modern-day China mean that many families improvise by popping balloons and displaying firework decorations.</p>
<p>Still, in the small town of Nuanquan in Heibi Province, China, just west of Beijing, a small group of farmers are keeping one of the world’s most unique fireworks displays alive.</p>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/QEls4aoJYII?feature=oembed" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></p>
<p style="text-align: center;">Resource: <a href="https://www.youtube.com/watch?v=QEls4aoJYII" target="_blank">China&#8217;s Blacksmiths Put On Dazzling Display for New Year</a></p>
<p>About 500 years ago, there were many blacksmith shops in the farming town of Nuanquan. Unable to afford expensive fireworks during the Chinese New Year holiday, lower income residents such as blacksmiths and farmers sought an alternative. Inspired by the beautiful sparks emitted during their iron working, a group of brave blacksmiths began splashing molten metal on the city walls, which resulted in the creation of beautiful flower shapes from the cooling iron.</p>
<div id="attachment_7923" style="width: 410px" class="wp-caption alignleft"><a href="https://newsroom.posco.com/en/wp-content/uploads/2016/02/11.jpg"><img class="wp-image-7923" src="https://newsroom.posco.com/en/wp-content/uploads/2016/02/11-1024x768.jpg" alt="POSCO_Chinese New Year Steel Firework" width="400" height="300" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/02/11-1024x768.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/11-800x600.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/11-768x576.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/11.jpg 1148w" sizes="(max-width: 400px) 100vw, 400px" /></a><p class="wp-caption-text">Photo Credit: Robert Berkowitz Creative Commons</p></div>
<p>As time went on, locals began to prefer the stunning, steel-catalyzed display to fireworks, and donated their scrap metal to the blacksmiths to use during the annual performance. Eventually, a more developed system evolved and eventually became known as <a href="http://blogs.wsj.com/chinarealtime/2015/02/23/watch-dazzling-poor-mans-fireworks-in-a-chinese-steel-city/"><em>dashuhua</em></a>, which roughly translates as “throwing tree fireworks.”</p>
<p>To create the display, men first soak wooden ladles in water for three days prior to the show to prevent them from combusting on impact. After dipping the ladles into the molten iron (which is made from smashed up pieces of pig iron), flames instantly shoot up. As such, the men work quickly to splash the molten iron onto the city wall to avoid injury.</p>
<p>As the metal strikes the cold, hard wall, it explodes into a shower of sparks, mostly over the performers. Due to the danger posed by the falling molten iron, only the bravest individuals performed in the show, wearing only a jacket made of sheepskin—a material that naturally repels the molten iron—and a straw hat to protect against the splash of hot metal.</p>
<div id="attachment_7924" style="width: 410px" class="wp-caption alignright"><a href="https://newsroom.posco.com/en/wp-content/uploads/2016/02/2.jpg"><img class="wp-image-7924" src="https://newsroom.posco.com/en/wp-content/uploads/2016/02/2-1024x768.jpg" alt="POSCO_Chinese New Year Steel Firework" width="400" height="300" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/02/2-1024x768.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/2-800x600.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/2-768x576.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/2.jpg 1200w" sizes="(max-width: 400px) 100vw, 400px" /></a><p class="wp-caption-text">Photo Credit: Robert Berkowitz Creative Commons</p></div>
<p>Despite being banned during the Cultural Revolution from 1966 to 1976, the tradition has since carried on through the ages. Refusing modern protective clothing to more closely maintain the tradition, today’s performers are prideful of their region’s rich cultural heritage and are eager to pass on the custom to their children. They are also pleased that the event continues to attract spectators from all over China, who gather in freezing temperatures to witness the incredible scene of a night sky illuminated by the sparks of molten iron.</p>
<p>However, as urbanization surges in the world’s most populated nation, the tradition is on the decline, with only four performers left. As such, the Chinese government has designated <em>dashuhua</em> as an Intangible Cultural Heritage and has helped organizers build a dedicated stage for their performances, with an aim to preserve the country’s past as well as Nuanquan’s steel-centric custom.</p>
<p><a style="cursor: pointer;" data-target="#subscribeModal" data-toggle="modal"><strong>Be sure you never miss any of the exciting steel stories from The Steel Wire by subscribing to our blog.</strong></a></p>
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				<title>Steel Stats: 2015 by the Numbers</title>
				<link>https://newsroom.posco.com/en/steel-stats-2015-by-the-numbers/</link>
				<pubDate>Tue, 22 Dec 2015 17:40:36 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Business]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[continuous casting]]></category>
		<category><![CDATA[crude steel]]></category>
		<category><![CDATA[Fortune Global]]></category>
		<category><![CDATA[iron]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[POSCOsteel]]></category>
		<category><![CDATA[South Korea]]></category>
		<category><![CDATA[steel production]]></category>
		<category><![CDATA[Steel Statistical Yearbook]]></category>
		<category><![CDATA[steelproduction]]></category>
		<category><![CDATA[worldsteel]]></category>
		<category><![CDATA[Worldsteelassociation]]></category>
									<description><![CDATA[Every year since 1978, the World Steel Association (worldsteel) has published its Steel Statistical Yearbook, a cross-section of industry information as it is]]></description>
																<content:encoded><![CDATA[<p>Every year since 1978, the World Steel Association (worldsteel) has published its Steel Statistical Yearbook, a cross-section of industry information as it is collected and published by worldsteel. The association includes 150 steel producers all over the world, including nine of the world’s top ten. Members of worldsteel represent around 85 percent of the world’s steel production. As a worldsteel member, POSCO has been a worldsteel Top 10 steel company since 1982.</p>
<p><strong>World Steel Association</strong></p>
<p>Formed in 1967, (then the International Iron and Steel Institute), the non-profit organization promotes steel to the industry, customers, media and the general public. Benefits of being a member of worldsteel include access to the latest technical and economic data, industry trends and performance impacting the steel industry. Members cooperate in developing programs and initiatives to drive the global common marketplace. Networking and access to events and conferences are also enjoyed by members. Worldsteel is not involved in competition of the steel industry, but rather unifying the industry on a global scale.</p>
<p><strong> </strong></p>
<p><strong>Steel Production by the Numbers</strong></p>
<p>Worldsteel’s Steel Statistical Yearbook findings for 2015 show that Asia produces over 68 percent of the entire world’s crude steel. According to the Steel Statistical Yearbook, the four countries that produce the most crude steel are China, Japan, India and South Korea. Russia rounds out the top five. While many countries like the U.S. have decreased its crude steel production, South Korea has increased almost every year (the most recent yearbook shows data since 2005). Asia produces over 1 million tons of crude steel, and the second largest steel producing region is Europe, which produces just under 300 tons.</p>
<p>South  Korea produced over 71,000 tons of crude steel, 868 tons of ingots and 70,405 tons of continuously cast steel. The majority of the steel produced in South Korea uses electric furnaces or oxygen-blown converters. South Korea does not employ open hearth furnaces for steel production. In 2014, worldsteel reports that South Korea produced almost 69,000 tons of hot rolled products.</p>
<p>&nbsp;</p>
<p><img class="aligncenter size-full wp-image-7652" src="https://newsroom.posco.com/en/wp-content/uploads/2015/12/Posco_watermark_1221_v1.png" alt="Posco_watermark_1221_v1" width="450" height="300" /></p>
<p>&nbsp;</p>
<p>Though the largest of crude steel producing companies are located in Asia, and Asia is the largest exporter of semi-finished and finished steel products, Europe uses the most crude steel by kg per capita. Asia is by far the largest producer and exporter of pig iron, the intermediate product of smelting iron ore.</p>
<p>When iron is smelted from ore, it contains more carbon than desired. To form steel, the carbon must be reduced to the proper amount, at which point other elements can be added to reinforce it. In the past, steel was cast into ingots which would be stored until use in further refinement processes that resulted in the finished product. In modern processes of production, the initial product is closer to the final product through continuously cast it into long slabs, then cut and shaped to produce the final product. Continuous casting is more cost-efficient and is used in mass production and increasing the standard of quality.</p>
<p><strong> </strong></p>
<p><strong>POSCO Steel Production</strong></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/12/Posco_watermark_1221_v2.png"><img class="aligncenter size-full wp-image-7654" src="https://newsroom.posco.com/en/wp-content/uploads/2015/12/Posco_watermark_1221_v2.png" alt="Posco_watermark_1221_v2" width="450" height="300" /></a></p>
<p>One of five major steel companies located in Korea, POSCO is recognized as one of the world’s largest corporations by Fortune Global 500. On September 21, 2015 POSCO celebrated cumulative sales of 800 million tons since the opening of Pohang Plate Mill in 1972. Ninety-eight percent of the crude steel produced by POSCO is made through continuous casting, which replaced the process of using ingots.</p>
<p>For the full report, please visit <a href="https://www.worldsteel.org/dms/internetDocumentList/bookshop/2015/Steel-Statistical-Yearbook-2015/document/Steel%20Statistical%20Yearbook%202015.pdf">worldsteel</a>.</p>
<p>&nbsp;</p>
<p><a style="cursor: pointer;" data-target="#subscribeModal" data-toggle="modal"><strong>Be sure you never miss any of the exciting steel stories from The Steel Wire by subscribing to our blog.</strong></a></p>
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				<title>Steel and World Culture</title>
				<link>https://newsroom.posco.com/en/steel-and-world-culture/</link>
				<pubDate>Wed, 02 Dec 2015 13:46:49 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[cities]]></category>
		<category><![CDATA[city]]></category>
		<category><![CDATA[equipment]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[production]]></category>
		<category><![CDATA[Steel Statistics Yearbook]]></category>
		<category><![CDATA[sustainable]]></category>
		<category><![CDATA[tools]]></category>
		<category><![CDATA[World Culture]]></category>
									<description><![CDATA[Last month featured a few of the massive steel structures (or structures made possible by using steel machinery) that bridged cities, connected bodies of water]]></description>
																<content:encoded><![CDATA[<p>Last month featured a few of the massive steel structures (or structures made possible by using steel machinery) that bridged cities, connected bodies of water and traveled across oceans. This month’s theme, Steel and World Culture, will explore some of the ways that steel impacts the daily living of people from regions around the world.</p>
<p>Steel is everywhere; it’s used in constructing office buildings, bridges and rail systems. On a smaller scale, it’s in the cars we drive, in the sporting equipment we use and even in the jewelry and accessories we wear. Steel is so common, it can be easy to overlook how essential it has become.</p>
<p>&nbsp;</p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/12/December_rollingbanner_1202-003.jpg"><img class="aligncenter wp-image-7573" src="https://newsroom.posco.com/en/wp-content/uploads/2015/12/December_rollingbanner_1202-003-1024x318.jpg" alt="December_rollingbanner_1202 (003)" width="943" height="293" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/12/December_rollingbanner_1202-003-1024x318.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2015/12/December_rollingbanner_1202-003-800x249.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2015/12/December_rollingbanner_1202-003-768x239.jpg 768w" sizes="(max-width: 943px) 100vw, 943px" /></a></p>
<p>&nbsp;</p>
<p><strong>Why Steel?</strong></p>
<p>There are many benefits to using steel for both building structures and for smaller items. One of its greatest advantages is cost. It is much cheaper to ship during production because it is fairly light. Compared to its weight, steel is very strong and durable. Steel is often used to reinforce other materials for this reason. Steel that is being fabricated today, is made almost entirely of recycled metals. Steel is also very sustainable and has minimal effects on the environment at the time of use, as well as throughout its life cycle. Steel is fire and corrosion-resistant.</p>
<p><strong>Steel in World Culture</strong></p>
<p>There are many ways steel is applied across cultures. Worldwide, steel is commonly used in transportation, surgical equipment, office supplies and furniture, household appliances, hardware tools and cutlery. The way steel is used to make tools can have a large impact on cultural lifestyles.</p>
<p>This month, we’ll discover some of the unique regional applications of steel in different regions around the world.</p>
<p><strong> </strong></p>
<p><strong>Coming Up</strong></p>
<p>We’ve taken a close look into the history of steel and the monumental steel structures that have shaped the world. We’ve seen how modern cities industrialized and flourished under the influence of steel. This month, we will explore just a few of the ways steel has influenced local cultures and how it is incorporated in different ways in daily life around the world.</p>
<p><strong>From Wood to Steel: The Evolution of Chopsticks in Asia</strong>: The history and styles of chopsticks in regional cultures and the evolution of the materials used to make them</p>
<p><strong>India’s Incredible Lunch Delivery System Powered by Ingenuity and Steel</strong>: In Mumbai, 250,000 stainless steel lunch boxes are used in what is known as the “dabbawalla system” to deliver hot, home-cooked meals to workers around the city every day</p>
<p><strong>Steelpans, the Sound of the Caribbean</strong>: The history of the steelpan, or steel drum, popularized in the 1930s by percussion ensembles of rebellious teens from Trinidad’s lower-class neighborhoods, and the role it played in the development of music in the Caribbean</p>
<p><strong>Steel Stats: 2015 by the Numbers</strong>: An inside look at World Steel Association’s 2015 Steel Statistics Yearbook and how POSCO fits into the world of steel by the numbers</p>
<p><strong>A Year in Review: POSCO Highlights of 2015</strong>: Highlights of POSCO’s top achievements and most memorable moments of 2015</p>
<p>&nbsp;</p>
<p><a style="cursor: pointer;" data-toggle="modal" data-target="#subscribeModal"><strong>Be sure you never miss any of the exciting steel stories from The Steel Wire by subscribing to our blog.</strong></a></p>
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				<title>Skylines of Steel</title>
				<link>https://newsroom.posco.com/en/skylines-steel/</link>
				<pubDate>Fri, 07 Aug 2015 16:38:31 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Asia Standing]]></category>
		<category><![CDATA[building]]></category>
		<category><![CDATA[Burj Khalifa]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[concrete]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[design]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[European Union Image]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[material]]></category>
		<category><![CDATA[Middle East]]></category>
		<category><![CDATA[Middle East Rising]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[North America]]></category>
		<category><![CDATA[North America Image]]></category>
		<category><![CDATA[One World Trade Center]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Shanghai Tower]]></category>
		<category><![CDATA[skyline]]></category>
		<category><![CDATA[skyscraper]]></category>
		<category><![CDATA[skyscrapers]]></category>
		<category><![CDATA[steel]]></category>
		<category><![CDATA[tallest building]]></category>
		<category><![CDATA[The Shard]]></category>
									<description><![CDATA[Building these architectural feats brings both recognition and prestige to the cities where they are located. Even more critical is the development of urban]]></description>
																<content:encoded><![CDATA[<p><span style="font-size: 12pt;">Building these architectural feats brings both recognition and prestige to the cities where they are located. Even more critical is the development of urban space that is efficient and sustainable. Steel is a key material of building construction that will largely impact the progress of urbanization in the years to come.</span></p>
<p>&nbsp;</p>
<p><strong>Steel and Skyscrapers: A Brief History</strong></p>
<p><span style="font-size: 12pt;">The history of skyscrapers dates back to the second half of the 19th century when steel became a cornerstone of the world’s industrial economy. Steel framing and steel reinforced concrete made “curtain-wall” architecture possible, which led to the world’s first skyscrapers. Steel further evolved the capabilities of skyscrapers, allowing them to reach new heights. From the humble beginnings of the first skyscraper, the Home Insurance Building, built in Chicago in 1895 and standing 42m, skyscrapers now reach extraordinary heights.</span></p>
<p><span style="font-size: 12pt;">Here are the four tallest skyscrapers in four of the regions of the world today.</span><span style="font-size: 12pt;"> </span></p>
<p>&nbsp;</p>
<p><strong>Burj Khalifa, Dubai, Middle East</strong></p>
<p><span style="font-size: 14pt; color: #3366ff;"><strong><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/08/22-683x1024.png"><img class="aligncenter wp-image-6465" src="https://newsroom.posco.com/en/wp-content/uploads/2015/08/22-683x1024-683x1024.png" alt="22-683x1024" width="350" height="525" /></a></strong></span></p>
<p><span style="font-size: 12pt;">Rising to 829.8m over the gulf city of Dubai, the Burj Khalifa is the tallest building in the world. Designed by Skidmore Owings and Merill (SOM), the Burj Khalifa used a bundled tube design and a composite of steel and concrete to reach its record height. The Burj Khalifa employed a bundled tube system which is a system of construction that uses an interconnected frame of steel tubes. Thirty-nine thousand tons of steel rebar was needed for the construction. The Burj Khalifa houses a mix of residential, corporate and retail space.</span></p>
<p>&nbsp;</p>
<p><strong>Shanghai Tower, Shanghai, Asia</strong></p>
<p><span style="font-size: 12pt;"><img class=" wp-image-6474 alignleft" src="https://newsroom.posco.com/en/wp-content/uploads/2015/08/Picture1-1024x552.png" alt="Picture1" width="451" height="243" />Standing 632m, the 128-story Shanghai Tower is located in Shanghai’s financial district of Lujiazui, Pudong in China. Though currently still under construction, following its topping out in 2013, the Shanghai Tower is the tallest building in China and the second-tallest building in the world, surpassed only by the Burj Khalifa in Dubai. The Shanghai Tower is the tallest of a group of three adjacent supertall buildings in Pudong and is composed of three important design strategies, the asymmetry of the tower’s shape, its tapering profile and its rounded corners, all of which will allow it to withstand typhoon wind forces common in Shanghai.<strong> </strong></span></p>
<p>&nbsp;</p>
<p><strong>One World Trade Center, New York, North America</strong></p>
<p><img class="wp-image-6472 alignright" src="https://newsroom.posco.com/en/wp-content/uploads/2015/08/4.jpg" alt="4" width="451" height="338" />Designed by the same firm that designed the Burj Khalifa, the 104-story One World Trade Center reaches a height of 417m. Including the spire, its total height is 541m (1,776 ft.), a tribute to 1776, the year the U.S. won its independence. Surpassing the Willis Tower (formerly Sear’s Tower) in Chicago, the One World Trade Center is the tallest building in the U.S. The tower’s structure is designed around a strong, but lightweight, steel frame made of beams and columns. The lighter structures enabled savings in greenhouse gases and a 30 percent decrease in carbon emissions during construction. There are 70 elevators and nine escalators in the One World Trade Center. (Image: <a href="http://bit.ly/1DsqmBK">http://bit.ly/1DsqmBK</a>)</p>
<p>&nbsp;</p>
<p><strong>The Shard, London, European Union</strong></p>
<p><img class="wp-image-6473 alignleft" src="https://newsroom.posco.com/en/wp-content/uploads/2015/08/3.jpg" alt="3" width="451" height="300" />The Shard is a 72-story glass pyramid tower, rising above the city of London. It was completed in 2012, and stands 245m. The design uses an intelligent combination of steel and concrete. Steel structures were used from the ground floor to the 40th floor. From there to the 69th floor, concrete replaces the framing material, before the design reverts back to steel. Construction required 12,000 tons of steel.</p>
<p><span style="font-size: 12pt;">As the world continues to grow and urbanize the ability to adapt building structures and materials will continue to evolve. Steel will continue to be essential in helping the world’s buildings reach new heights.</span></p>
<p><span style="font-size: 12pt;">The infographic below shows how each of these four gravity-defying structures compare. See how each stack up in height and the amount of steel necessary to make each possible. (Image: <a href="http://bit.ly/1eUAFTc">http://bit.ly/1eUAFTc</a>)</span></p>
<p>&nbsp;</p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/08/312.jpg"><img class="aligncenter wp-image-6476" src="https://newsroom.posco.com/en/wp-content/uploads/2015/08/312.jpg" alt="312" width="640" height="457" /></a></p>
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				<title>Water World: The Past, Present and Future of Undersea Tunnels</title>
				<link>https://newsroom.posco.com/en/water-world-the-past-present-and-future-of-undersea-tunnels/</link>
				<pubDate>Tue, 16 Jun 2015 13:50:13 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[20000 Leagues Under the Sea]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Bosporus Strait]]></category>
		<category><![CDATA[Brief History]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Channel Tunnel]]></category>
		<category><![CDATA[city]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[Euphrates River]]></category>
		<category><![CDATA[Eurasia Tunnel Project]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[gas pipeline]]></category>
		<category><![CDATA[gas pipeline tunnel]]></category>
		<category><![CDATA[GS Caltext]]></category>
		<category><![CDATA[gwangyang]]></category>
		<category><![CDATA[Gwangyang port]]></category>
		<category><![CDATA[Istanbul]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Jeonnam]]></category>
		<category><![CDATA[Jule Verne]]></category>
		<category><![CDATA[Jules Verne]]></category>
		<category><![CDATA[life under the sea]]></category>
		<category><![CDATA[overpopulation]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Prince Edward Island]]></category>
		<category><![CDATA[sci-fi]]></category>
		<category><![CDATA[South Korea]]></category>
		<category><![CDATA[Stargate Atlantis]]></category>
		<category><![CDATA[steel]]></category>
		<category><![CDATA[sub-aquatic]]></category>
		<category><![CDATA[sub-aquatic society]]></category>
		<category><![CDATA[sustainability]]></category>
		<category><![CDATA[sustainable]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[traffic]]></category>
		<category><![CDATA[tunnel]]></category>
		<category><![CDATA[undersea tunnel]]></category>
		<category><![CDATA[Undersea Tunnels]]></category>
		<category><![CDATA[underwater habitat]]></category>
		<category><![CDATA[underwater tunnel]]></category>
		<category><![CDATA[Yeosu]]></category>
		<category><![CDATA[Yeosu Industrial Complex]]></category>
									<description><![CDATA[Since the publication of Jules Verne’s 20,000 Leagues Under the Sea in 1869 up until the dawn of today’s sci-fi thrillers such as Stargate Atlantis, the]]></description>
																<content:encoded><![CDATA[<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/06/12.png"><img class="aligncenter size-full wp-image-8816" src="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-488080197_sizelogo.jpg" alt="Water World: The Past, Present and Future of Undersea Tunnels" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-488080197_sizelogo.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-488080197_sizelogo-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-488080197_sizelogo-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-488080197_sizelogo-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></a></p>
<p><span style="font-size: 12pt;"><span style="color: #000000;">Since the publication of Jules Verne’s <em>20,000 Leagues Under the Sea</em> in 1869 up until the dawn of today’s sci-fi thrillers such as <em>Stargate Atlantis</em>, the concept of underwater exploration and civilization has captured the imagination of the public. Now, facing problems like overpopulation, rising sea levels and increasing natural disasters, humanity is seeking alternative living environments, and with ever-progressing technology,</span> <a href="http://www.bbc.com/future/story/20130930-can-we-build-underwater-cities" target="_blank">life under the sea</a> <span style="color: #000000;">no longer seems all that unrealistic.</span></span></p>
<p><span style="font-size: 12pt;"><span style="color: #000000;">In fact, some small</span> <a href="http://www.seao2.com/undersea/" target="_blank">underwater habitats</a> <span style="color: #000000;">already exist, and we have the technology to create and maintain larger ones that could easily support human sustenance. Might it be possible that one day there will be an entire network of undersea cities, brimming with futuristic technology and advanced ways of living? And if it is, how would these sub-aquatic societies be connected?</span></span><span style="font-size: 12pt;"><strong> </strong></span></p>
<p>&nbsp;</p>
<p><strong>Undersea Tunnels, a Brief History</strong></p>
<p><img class="aligncenter size-full wp-image-8817" src="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-515779913_sizelogo.jpg" alt="Water World: The Past, Present and Future of Undersea Tunnels" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-515779913_sizelogo.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-515779913_sizelogo-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-515779913_sizelogo-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-515779913_sizelogo-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p><span style="font-size: 12pt;"><span style="color: #000000;">Undersea tunnels, the most likely method </span></span><span style="font-size: 12pt;"><span style="color: #000000;">of transportation in a world submerged by water, are not a new concept. In fact, the</span> <a href="http://science.howstuffworks.com/engineering/structural/build-underwater-tunnel.htm" target="_blank">earliest example</a> <span style="color: #000000;">of such engineering endeavors dates back to around 2100 BCE, when the Babylonians used a tunnel to divert the Euphrates River. It wasn’t until the 19<sup>th</sup> century that the world saw a succession of more challenging tunnel projects, made possible by vast improvements in surveying and ventilation techniques.</span></span></p>
<p>The first notion of the Channel Tunnel, which connects England and France, was proposed to Napoleon Bonaparte in 1802 by a French engineer named Mathieu-Favier, but it wasn’t until the 1960s that it became a reality. Instead, London’s Thames Tunnel became the first modern undersea tunnel in 1843, taking almost 20 years to complete. The tunnel was originally designed for, but never used by, horse-drawn carriages.</p>
<p><span style="font-size: 12pt; color: #000000;">Noting the comparable advantages undersea tunnels have over bridges, such as their ability to divert traffic and not be affected by external factors such as wind or rain, city planners began incorporating them into city layouts in the late 1800s. But, at the time, the methods used to construct these tunnels consisted mainly of excavating in painstakingly small increments, and were incredibly time consuming.</span></p>
<p><span style="font-size: 12pt;"><span style="color: #000000;">The game changed in 1903 with a</span> <a href="http://www.livescience.com/32197-how-do-they-build-underwater-tunnels.html" target="_blank">construction project</a> <span style="color: #000000;">beneath the Detroit River in America when engineers used a method that involved anchoring premade sections of steel tube into a pre-dug trench on the river floor. Then, in 1971, a new era of underwater tunneling began with the construction of the Seikan Railroad Tunnel, which currently stretches 53.85 kilometers beneath the Tsugaru Strait in Japan. Instead of using the antiquated tunneling techniques of the past, tunnel builders began to utilize giant tunnel boring machines to make the process go faster. Since then, tunneling projects that could once only be conceptualized have become a reality.</span></span></p>
<p><span style="font-size: 12pt;"><span style="color: #000000;">The</span> <a href="http://www.dailysabah.com/istanbul/2015/06/02/istanbuls-eurasia-tunnel-project-approaches-last-meters" target="_blank">Eurasia Tunnel Project</a><span style="color: #000000;">, for example, is a 14.6 kilometer-long road tunnel that will link Europe and Asia via the Bosporus Strait, and is currently in the last stages of construction. It is a project that has long been discussed and aims to reduce traffic in Istanbul, the second-worst European city in terms of traffic congestion.</span></span></p>
<p>&nbsp;</p>
<p><strong>Tunneling to the Future</strong></p>
<p><span style="color: #000000; font-size: 12pt;">Of course transportation tunnels like these would be vital in aquatic lands, but a sustainable undersea city would also need gas, oil, electricity and, most importantly, oxygen. Yet, some of these types of undersea tunnels exist, and are constantly being positioned across the waters of the world.</span></p>
<p><img class="aligncenter size-full wp-image-8815" src="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-187810051_sizelogo.jpg" alt="Water World: The Past, Present and Future of Undersea Tunnels" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-187810051_sizelogo.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-187810051_sizelogo-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-187810051_sizelogo-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImages-187810051_sizelogo-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p><span style="color: #000000; font-size: 12pt;">In the most recent tunnel developments, POSCO, in coordination with GS Caltex and Jeonnam Development Coorporation, has made plans to construct a 3.98 kilometer-long undersea tunnel connecting Gwangyang Port and Yeosu Industrial Complex by the first half of 2019.</span></p>
<p><span style="color: #000000; font-size: 12pt;">POSCO Green Gas Technology will use the undersea pipe network to supply syngas produced at the Gwangyang SNG Plant to GS Caltex, which will then use the syngas for petroleum refining and enhancing processes. Furthermore, the undersea tunnel will minimize risks associated with transport and establish an efficient undersea logistics infrastructure by reducing production and logistical costs.</span></p>
<p><span style="color: #000000; font-size: 12pt;">POSCO’s gas pipeline tunnel is indicative of what is to come. Perhaps the undersea tunnels of the future will allow for the transportation of fresh drinking water, alternative energy resources or even food sources from faraway lands. But with real-life projects concerning tunnels between Morocco and Spain, Japan and South Korea and the mainland of Canada and Prince Edward Island on the table, it is clear that such possibilities are not only realistic, but also limitless.</span></p>
<p>&nbsp;</p>
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				<title>The World’s Most Sustainable Building Designs</title>
				<link>https://newsroom.posco.com/en/the-worlds-most-sustainable-building-designs/</link>
				<pubDate>Wed, 03 Jun 2015 17:59:52 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[architecture]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[bank of america]]></category>
		<category><![CDATA[building]]></category>
		<category><![CDATA[building design]]></category>
		<category><![CDATA[carbon]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[eco-friendly]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment-friendly]]></category>
		<category><![CDATA[evironment]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[green]]></category>
		<category><![CDATA[Green Building]]></category>
		<category><![CDATA[Green Star]]></category>
		<category><![CDATA[gundeep singh]]></category>
		<category><![CDATA[international]]></category>
		<category><![CDATA[Korea]]></category>
		<category><![CDATA[LEED platinum Award]]></category>
		<category><![CDATA[manhattan]]></category>
		<category><![CDATA[Meera Sky Garden]]></category>
		<category><![CDATA[Monte Rosa Hut]]></category>
		<category><![CDATA[NEATT]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[New York City]]></category>
		<category><![CDATA[Northeast Asia Trade Tower]]></category>
		<category><![CDATA[pixel]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[skyline]]></category>
		<category><![CDATA[skyscraper]]></category>
		<category><![CDATA[structure]]></category>
		<category><![CDATA[sustainability]]></category>
		<category><![CDATA[sustainable]]></category>
		<category><![CDATA[sustainable building]]></category>
		<category><![CDATA[sustainable design]]></category>
		<category><![CDATA[TCI]]></category>
		<category><![CDATA[the change initiative]]></category>
		<category><![CDATA[World Environment Day]]></category>
									<description><![CDATA[Now, it is more crucial than ever for our buildings to be constructed with sustainability in mind, and to be powered by renewable energy in order to reduce our]]></description>
																<content:encoded><![CDATA[<p><span style="color: #000000; font-size: 12pt;">Now, it is more crucial than ever for our buildings to be constructed with sustainability in mind, and to be powered by renewable energy in order to reduce our carbon footprint.</span></p>
<p><span style="color: #000000; font-size: 12pt;">Both individuals and corporations must become more environmentally responsible, being mindful of the levels of waste water, trash and emissions produced both at home and in the office. Considering these factors in the architectural designs of the future, we can ensure a healthy and sustainable planet. Yet, a number of buildings are a step ahead and have already incorporated sustainability into their own designs, setting the precedent for future architectural endeavors. On this World Environment Day, let’s take a look at a few of them.</span></p>
<p>&nbsp;</p>
<p><strong>Northeast Asia Trade Tower (NEATT)</strong></p>
<p><span style="font-size: 12pt;"><img class="alignleft wp-image-6265" src="https://newsroom.posco.com/en/wp-content/uploads/2015/06/1-1024x551.jpg" alt="1" width="450" height="242" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/06/1-1024x551.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/1-800x430.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/1-768x413.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/1.jpg 1352w" sizes="(max-width: 450px) 100vw, 450px" />Standing 68 stories tall, the Northeast Asia Trade Tower in Songdo International Business District, Incheon, is the tallest structure in South Korea. It is also the crown jewel of POSCO&#8217;s leading innovative technology, utilizing revolutionary features such as a 3D exterior design, a seismic force resisting system and high level security and anti-disaster measures.</span></p>
<p><span style="font-size: 12pt;">Yet, NEATT, which is a mix of office spaces, a luxury hotel, serviced residences and retail stores, also serves as a model of sustainable design strategies, carefully balancing energy conservation, increased indoor environmental quality and occupant comfort. Its range of passive design strategies, which include daylighting, natural ventilation and energy efficient HVAC systems, as well as its eco-friendly, non-toxic construction materials, have ensured that the skyscraper is not only friendly to the environment, but to its human inhabitants, too.</span></p>
<p>&nbsp;</p>
<p><strong>Monte Rosa Hut</strong></p>
<p><img class="alignright wp-image-6266" src="https://newsroom.posco.com/en/wp-content/uploads/2015/06/2-1024x547.jpg" alt="2" width="450" height="240" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/06/2-1024x547.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/2-800x427.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/2-768x410.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/2.jpg 1352w" sizes="(max-width: 450px) 100vw, 450px" />Perched above the skiing mecca of Zermatt, Switzerland, the Monte Rosa Hut is a lodging space used by hikers in route to the summit of the same name on icy glacier treks. The five-story crystal-shaped building was constructed on stainless-steel foundations with a wooden spiral interior covered by a silver aluminum shell. During its construction, materials and workers were transported by train to Zermatt, requiring 3,000 helicopter trips.</p>
<p><span style="font-size: 12pt; color: #000000;">The hut uses solar power for about 90 percent of its energy and heat requirements. Excess energy is stored in valve-regulated lead-acid accumulators, which ensure power in all kinds of weather. Large windows allow the sun to heat air inside the building, and melting glaciers in the area provide the lodge’s water supply, which is collected and stored in a nearby reservoir. </span>(Image from <a title="http://bit.ly/1AJVsUa" href="http://bit.ly/1AJVsUa" target="_blank">http://bit.ly/1AJVsUa</a>)</p>
<p>&nbsp;</p>
<p><strong>Meera Sky Garden</strong></p>
<p><img class="alignleft wp-image-6267" src="https://newsroom.posco.com/en/wp-content/uploads/2015/06/3-1024x622.jpg" alt="3" width="450" height="273" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/06/3-1024x622.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/3-800x486.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/3-768x466.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/3.jpg 1199w" sizes="(max-width: 450px) 100vw, 450px" />Perhaps no other building on this list is as one with nature as the Meera Sky Garden in Sentosa, Singapore. This eye-catching, eco-friendly home was designed by Guz Architects, and it overlooks the island’s harbor.</p>
<p><span style="color: #000000; font-size: 12pt;">Divided into four distinctive floors, each of which is covered with a grass roof, the home appears as if it is four separate houses, yet is still seamlessly connected by a natural element. Not only are these garden-like spaces visually pleasing, but the grassy roofs help to keep the interior temperatures at a minimum, saving energy. (Image from <a href="http://bit.ly/1ddeBTx" target="_blank">http://bit.ly/1ddeBTx</a>)</span></p>
<p>&nbsp;</p>
<p><strong>Pixel</strong></p>
<p><span style="font-size: 12pt; color: #000000;"><img class="alignright wp-image-6268" src="https://newsroom.posco.com/en/wp-content/uploads/2015/06/4-1024x768.jpg" alt="4" width="450" height="338" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/06/4-1024x768.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/4-800x600.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/4-768x576.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/4.jpg 1600w" sizes="(max-width: 450px) 100vw, 450px" />While Pixel’s chaotic, colorful exterior is the first thing one might notice about the small office building in Melbourne, Australia, its sustainable design is what really makes it noteworthy. Some of its design innovations include a panel shade system that allows natural light into the office, while at the same time, reducing glare and heat. More impressively, Pixel utilizes wind turbines to generate its own electricity.</span></p>
<p><span style="color: #000000; font-size: 12pt;">As Australia&#8217;s first carbon neutral office building, Pixel was also the first building to ever be granted a perfect score on the country’s Green Star sustainability rating system. (Image from <a href="http://bit.ly/1JoxIpS" target="_blank">http://bit.ly/1JoxIpS</a>)</span></p>
<p>&nbsp;</p>
<p><strong>Bank of America</strong></p>
<p><span style="font-size: 12pt; color: #000000;"><img class="wp-image-6275 alignleft" src="https://newsroom.posco.com/en/wp-content/uploads/2015/06/6.png" alt="6" width="198" height="297" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/06/6.png 667w, https://newsroom.posco.com/en/wp-content/uploads/2015/06/6-534x800.png 534w" sizes="(max-width: 198px) 100vw, 198px" />When the Bank of America building was erected in Manhattan, New York in 2009, it set the standard for all environmentally responsible buildings to come. Its base-to-roof insulating glass external structure enhances heat insulation while creating a large source of natural light, while the building’s extensive solar panels produce energy for the building.</span></p>
<p><span style="font-size: 12pt; color: #000000;">And the Bank of America knows how to save water. Its greywater system collects and recycles waste from sinks and water fountains into the refrigeration system, while its catchment systems collect and save around 45 inches of rain that fall on the site each year. Such sustainable features landed the skyscraper the LEED Platinum Award, the highest level of the internationally recognized green building rating system.</span></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong>The Change Initiative</strong></p>
<p><span style="color: #000000; font-size: 12pt;"><img class="alignright wp-image-6269" src="https://newsroom.posco.com/en/wp-content/uploads/2015/06/5.jpg" alt="5" width="450" height="300" />In a city that is seemingly ever under construction, The Change Initiative (TCI), an eco-lifestyle shop that stocks everything from environmentally-conscious detergent to greywater recycling tools, sets itself apart from other buildings in Dubai.</span></p>
<p><span style="color: #000000; font-size: 12pt;">Often noted as one of the most sustainable commercial buildings in the world, the majority of the materials used to create TCI are recyclable. The roof is coated with heat-reflective paint and is embellished with solar panels that generate about 40 percent of the building’s energy, while the building’s outer structure has three times the insulation of the average building. (Image from Gundeep Singh)</span><span style="color: #000000;"> </span></p>
<p><span style="font-size: 12pt;"><span style="color: #000000;">For more information about current worldwide green initiatives and for ways that you can “consume with care,” check out the</span> <a href="http://www.unep.org/wed/"><strong>World Environment Day website</strong></a>.</span></p>
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				<title>VERTIGO – Chaos and Dislocation in Contemporary Australian Art</title>
				<link>https://newsroom.posco.com/en/vertigo-chaos-dislocation-contemporary-australian-art/</link>
				<pubDate>Wed, 13 Aug 2014 15:35:55 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Alice Wormald]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Asialink]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[Boe-lin Bastian]]></category>
		<category><![CDATA[Bonnie Lane]]></category>
		<category><![CDATA[Cate Consandine]]></category>
		<category><![CDATA[Claire Anna Watson]]></category>
		<category><![CDATA[contemporary art]]></category>
		<category><![CDATA[culture]]></category>
		<category><![CDATA[Exhibition Touring Program]]></category>
		<category><![CDATA[Indonesia]]></category>
		<category><![CDATA[Justine Khamara]]></category>
		<category><![CDATA[Kate Shaw]]></category>
		<category><![CDATA[Kiron Robinson]]></category>
		<category><![CDATA[Korea]]></category>
		<category><![CDATA[Korean Contemporary Art]]></category>
		<category><![CDATA[Kristin McIver]]></category>
		<category><![CDATA[Lesley Alway]]></category>
		<category><![CDATA[Participating Australian]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[posco art museum]]></category>
		<category><![CDATA[Simon Finn]]></category>
		<category><![CDATA[steel]]></category>
		<category><![CDATA[Taiwan]]></category>
		<category><![CDATA[Tania Smith]]></category>
		<category><![CDATA[vertigo]]></category>
									<description><![CDATA[Experience a New Kind of Reality at the POSCO Art Museum POSCO endeavors to connect people and establish free communication between people and society through]]></description>
																<content:encoded><![CDATA[<p style="text-align: left;" align="center"><span style="color: #3366ff; font-size: medium;"><b>Experience a New Kind of Reality at the POSCO Art Museum</b></span></p>
<p>POSCO endeavors to connect people and establish free communication between people and society through art. As part of such efforts, POSCO introduces a wide variety of exhibitions at the POSCO Art Museum. If you have any plans to visit Korea in the near future, or thinking about staying for a while, then you should definitely visit the Vertigo exhibition currently running at the POSCO Art Museum. It’s an opportunity too good to miss!</p>
<p align="center"><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Justine-Khamara-Rotational-Affinity-2013-hand-cut-colour-photograph-80-x-114cm.jpg"><img class="aligncenter size-large wp-image-4706" alt="Justine Khamara, Rotational Affinity, 2013, hand cut colour photograph, 80 x 114cm" src="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Justine-Khamara-Rotational-Affinity-2013-hand-cut-colour-photograph-80-x-114cm-1024x740.jpg" width="640" height="462" /></a></p>
<p><span style="font-size: medium; color: #3366ff;"><b>Australian Contemporary Art at a Glance</b></span></p>
<p>The Vertigo exhibition is a chance to take a comprehensive look into Australian contemporary art. Curated by Claire Anna Watson, <i>Vertigo</i> features work by ten contemporary Australian artists; Boe-lin Bastian, Cate Consandine, Simon Finn, Justine Khamara, Bonnie Lane, Kristin McIver, Kiron Robinson, Kate Shaw, Tania Smith and Alice Wormald. Presenting drawing, video, collage and sculptural works, the artists embrace diverse strategies in their attempt to make sense of the world around them, with dizzying results. <b></b></p>
<p><i>Vertigo</i>, presented by Asialink Arts (funded by the Australian government), is part of an Exhibition Touring Program. The exhibition has already been greeted with enthusiasm in other venues in Asia including Indoneisa and Taiwan.</p>
<p>Following the touring exhibition’s success in Indonesia and Taiwan, the exhibition at POSCO opened on 24 July.</p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/08/2.jpg"><img class="aligncenter size-large wp-image-4701" alt="2" src="https://newsroom.posco.com/en/wp-content/uploads/2014/08/2-1024x532.jpg" width="640" height="332" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/08/2-1024x532.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/2-800x416.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/2-768x399.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a></p>
<p style="text-align: center;">&lt;During the exhibition, 10 young Australian contemporary artists will present a wide array of art, including neon signs, paintings, collages, drawings, videos and sculptures&gt;</p>
<p>Director of Asialink Arts Lesley Alway says, “Reflecting on an accelerating world and its associated anxieties, <i>Vertigo</i> features a search for balance and a re-evaluation about priorities and possibilities for the future. At a time where we are connecting globally and searching for connections, dialogue about the way we live and envision the future has never been more important.”</p>
<p align="center"><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Cate-Consandine-Lash-2006-HD-Video-still-looped-silent-Image-courtesy-of-the-artist-and-Sarah-Scout-Melbourne.jpg"><img class="aligncenter size-large wp-image-4703" alt="Cate Consandine, Lash 2006, HD Video (still), looped (silent), Image courtesy of the artist and Sarah Scout, Melbourne" src="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Cate-Consandine-Lash-2006-HD-Video-still-looped-silent-Image-courtesy-of-the-artist-and-Sarah-Scout-Melbourne-1024x606.jpg" width="640" height="378" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Cate-Consandine-Lash-2006-HD-Video-still-looped-silent-Image-courtesy-of-the-artist-and-Sarah-Scout-Melbourne-1024x606.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/Cate-Consandine-Lash-2006-HD-Video-still-looped-silent-Image-courtesy-of-the-artist-and-Sarah-Scout-Melbourne-800x474.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/Cate-Consandine-Lash-2006-HD-Video-still-looped-silent-Image-courtesy-of-the-artist-and-Sarah-Scout-Melbourne-768x455.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a></p>
<p align="center">△ Cate Consandine &#8211; Lash (2006)</p>
<p><span style="font-size: medium; color: #3366ff;"><b>Vertigo: The Exhibition</b></span><br />
What does vertigo mean? If you look up the dictionary, it says, “a sensation of whirling and loss of balance; giddiness.” There is hardly another word that better reflects the identities of the 10 young, strikingly unique artists who participated in this exhibition. The artists, through their art, attempt to take the audience off guard and introduce a taste of chaos by making them experience the instability when one is faced with the unknown and the impossible. However, if you look at the artworks more carefully, you will realize that it is possible to overcome the fear and nervousness, and make sense out of the apparent confusion and chaos: Such an experience ultimately leads to the inner growth of the viewer.</p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/08/HSH_5862.jpg"><img class="aligncenter size-large wp-image-4705" alt="HSH_5862" src="https://newsroom.posco.com/en/wp-content/uploads/2014/08/HSH_5862-1024x681.jpg" width="640" height="425" /></a></p>
<p>“So what happens tomorrow?” Asks Claire Anna Watson, curator of <i>Vertigo</i>. “Lacking prescience, this is of course an unanswerable question that strikes at the heart of this exhibition. The bold offerings of the artists in <i>Vertigo</i> articulate the psychological repercussions and sense of dislocation that arises when considering the uncertainty of our world and its future.”</p>
<p>Do these works embody gravitas and signify a demise of hope? “They invite us to contemplate the volatility of humanity,” She answers.</p>
<p>[box] <span style="color: #3366ff;"><strong><em>Vertigo</em> @ POSCO Art Museum Exhibition Information</strong></span></p>
<p>&#8211; Name of Exhibition : Vertigo &#8211; Chaos and dislocation in contemporary Australian art<br />
&#8211; Exhibition Dates : 2014/7/24~2014/8/27<br />
&#8211; Opening Hours : Mon-Fri: 10:00-19:00, Sat: 11:00-16:00 (Closed for Sundays and Holidays)<br />
&#8211; Venue : POSCO Art Museum (B1 POSCO Center, 892 Daechi 4 Dong, Gangnamgu, Seoul, Korea)<br />
&#8211; Fee : Free of Charge<br />
&#8211; Artists : 10 Australian Contemporary Artists Boe-lin Bastian, Cate Consandine, Simon Finn, Justine Khamara, Bonnie Lane, Kristin McIver, Kiron Robinson, Kate Shaw, Tania Smith, &amp; Alice Wormald<br />
&#8211; Number of Artworks : 32 Works</p>
<p>For more information, please visit the POSCO Art Museum <a title="POSCO Art Museum" href="http://www.poscoartmuseum.org/">Homepage</a><em id="__mceDel"> [/box]</em></p>
<p><span style="font-size: medium; color: #3366ff;"><b>Notable Artworks at <i>Vertigo</i></b></span></p>
<p>The 10 artists participating in this exhibition are relatively young: most were born between 1970 and 1980. Nevertheless, these young, powerful artists are not only at the forefront of Australia’s contemporary art scene, but also making themselves known globally as well. From paintings and videos to sculptural works, the exhibition has a lot to offer in terms of both variety and intensity. Let us take a look at a few of the notable artworks available at the exhibition.<em id="__mceDel" style="font-size: 13px;"> </em></p>
<p><span style="color: #3366ff;"><strong>#1 Justine Khamara &#8211; &#8216;Rotational Affinity&#8217; (2013)</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Justine-Khamara-Rotational-Affinity-2013-hand-cut-colour-photograph-80-x-114cm.jpg"><img class="aligncenter size-large wp-image-4706" alt="Justine Khamara, Rotational Affinity, 2013, hand cut colour photograph, 80 x 114cm" src="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Justine-Khamara-Rotational-Affinity-2013-hand-cut-colour-photograph-80-x-114cm-1024x740.jpg" width="640" height="462" /></a></p>
<p>“In the past, I have sought to disrupt photography’s smooth, two-dimensional surfaces by building sculptures and collages entirely out of photographic parts. These works evoke biological processes of replication while also engaging with notions of self-representation in an era of instant, endlessly generative image production technologies. There is an undeniably psychological aspect to these works that is amplified by the fact that many of the sitters who appear in the photos are my close family members.” – Justine Khamara, on the ways he uses technological developments as an artistic medium.<em></em></p>
<p><span style="color: #3366ff;"><strong>#2 BONNIE LANE &#8216;MAKE Believe&#8217; (2012)</strong> </span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Bonnie-Lane-Make-Believe-2012-Single-channel-HD-video-still-1-hour-5-minutes.jpg"><img class="aligncenter size-large wp-image-4702" alt="Bonnie Lane, Make Believe 2012, Single channel HD video (still), 1 hour 5 minutes" src="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Bonnie-Lane-Make-Believe-2012-Single-channel-HD-video-still-1-hour-5-minutes-1024x577.jpg" width="640" height="360" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Bonnie-Lane-Make-Believe-2012-Single-channel-HD-video-still-1-hour-5-minutes-1024x577.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/Bonnie-Lane-Make-Believe-2012-Single-channel-HD-video-still-1-hour-5-minutes-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/Bonnie-Lane-Make-Believe-2012-Single-channel-HD-video-still-1-hour-5-minutes-800x451.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/Bonnie-Lane-Make-Believe-2012-Single-channel-HD-video-still-1-hour-5-minutes-768x433.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a></p>
<p>“By exploring emotional responses to the world in which we live, my predominantly video based practice focuses on universal human experiences from an often-existential perspective. My video pieces utilize the atmosphere and history of existing architectural spaces to create immersive environments to be stepped into. My artworks are often wholly or partly autobiographical, an amalgamation of experiences and memories, dreams and nightmares, fears and fantasies.” –Bonnie Lane, explaining her art philosophy.<em></em></p>
<p><span style="color: #3366ff;"><strong>#3 KIRON ROBINSON &#8216;I&#8217;m Scared World&#8217; (2006)</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Kiron-Robinson-I_m-Scared-World-2006-detail-Neon-50-x-120cm-Image-courtesy-of-the-artist-and-Sarah-Scout-Melbourne.jpg"><img class="aligncenter size-large wp-image-4707" alt="Kiron Robinson I_m Scared World, 2006 (detail), Neon, 50 x 120cm, Image courtesy of the artist and Sarah Scout, Melbourne" src="https://newsroom.posco.com/en/wp-content/uploads/2014/08/Kiron-Robinson-I_m-Scared-World-2006-detail-Neon-50-x-120cm-Image-courtesy-of-the-artist-and-Sarah-Scout-Melbourne-1024x844.jpg" width="640" height="527" /></a></p>
<p style="text-align: left;" align="center">“I use a range of mediums including neon, video, photography and installation to investigate the idea of doubt, faith and failure as constructive devices. My work continually chases ways of articulating, that which by its own definition is beyond articulation. [This work] explores the condition of experiencing and facing the idea of beyond from a position grounded in a contingent world.” – Kiron Robinson on how he tries to makes sense of the world through his art.</p>
<p>[box] <span style="color: #3366ff;"><strong>Interview of Contemporary Artist Simon Finn</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/08/HSH_5736.jpg"><img class="aligncenter size-large wp-image-4704" alt="HSH_5736" src="https://newsroom.posco.com/en/wp-content/uploads/2014/08/HSH_5736-762x1024.jpg" width="540" height="726" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/08/HSH_5736-762x1024.jpg 762w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/HSH_5736-596x800.jpg 596w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/HSH_5736-768x1031.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2014/08/HSH_5736.jpg 1000w" sizes="(max-width: 540px) 100vw, 540px" /></a></p>
<p><strong></strong> <span style="color: #3366ff;"><strong>[Introduction]</strong></span> Born in 1976 at Melbourne, Australia, Simon Finn expresses the unmoving and the moving through drawings, sculpture and simulation technology. He is currently teaching classes on animation and game design at the SAE Institute of the Design Institute of Australia. He is also an award-winning artist who holds various exhibitions.</p>
<p><strong><span style="color: #3366ff;"> Q. What was the most impressing thing about Korea?<br />
</span></strong>A. Korea is very beautiful, and there are lots to see. The most impressing thing about Korea was its food. Australian food is a bit bland; Korean food was powerful and unique. It was a very interesting experience.</p>
<p><strong><span style="color: #3366ff;">Q. Could you please explain your art philosophy, and your thoughts on Korean Contemporary Art?</span></strong><br />
A. I am interested in new culture, human society, the environment, and technology. I think my interests blend in naturally into my work. I’ve had a chance to experience Korean contemporary art, and was very surprised to see there were a lot of interesting and unique ideas. Though my stay was short, it was a meaningful time getting to know about Korean culture and art. I’m going to spread the word about Korean culture and art when I go back to my home country.[/box]</p>
<p>The artists who participated in Vertigo are expressing their art philosophies in various ways. They are not satisfied with absolute beauty; rather, they try to communicate with the audience by showing them how they see today’s world with their own eyes. Can you feel the dissonance between dream and reality, the present and the future, and the feeling of uncertainty that arises?</p>
<p>POSCO Art Museum will continue to provide interesting and unique art experiences that leave the viewer thinking. Please look forward to more exhibitions in the future, and don’t forget to pay a visit when you have the chance!</p>
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				<title>POSCO TJ Park Foundation: We Go Together</title>
				<link>https://newsroom.posco.com/en/posco-tj-park-foundation-go-together/</link>
				<pubDate>Thu, 24 Jul 2014 19:01:02 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[People & Culture]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[building]]></category>
		<category><![CDATA[communication]]></category>
		<category><![CDATA[Community Development Philanthropy]]></category>
		<category><![CDATA[creativity]]></category>
		<category><![CDATA[culture]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[Honorary Chairman]]></category>
		<category><![CDATA[Korea]]></category>
		<category><![CDATA[most competitive steelmaker]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[POSCO Asia Fellowship]]></category>
		<category><![CDATA[POSCO Rising Star Scholarship]]></category>
		<category><![CDATA[POSCO TJ Foundation]]></category>
		<category><![CDATA[POSCO TJ Park Prize]]></category>
		<category><![CDATA[POSCO Vision Scholarship]]></category>
		<category><![CDATA[Prestigious Asian Universities]]></category>
		<category><![CDATA[research]]></category>
		<category><![CDATA[Scholarships Available]]></category>
		<category><![CDATA[Tae Joon Park]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[TJ Park Science Fellowship]]></category>
									<description><![CDATA[The world’s most competitive steelmaker. A global leader in revolutionary technology. A pioneer in developing eco-friendly products. These are some of the]]></description>
																<content:encoded><![CDATA[<p>The world’s most competitive steelmaker. A global leader in revolutionary technology. A pioneer in developing eco-friendly products. These are some of the corporate identities that POSCO has strived to establish throughout the years. But there is another, equally important ideal shared by the POSCO family: to become a company that really cares about being a responsible corporate citizen. And one of the biggest steps that POSCO has taken in realizing that ideal is the establishment of the POSCO TJ Park Foundation. Today, Hello, POSCO blog will introduce the foundation and its various scholarship programs.</p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/12.jpg"><img class="aligncenter size-large wp-image-4628" alt="1" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/12-1024x768.jpg" width="640" height="480" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/07/12-1024x768.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/12-800x600.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/12-768x576.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/12.jpg 1429w" sizes="(max-width: 640px) 100vw, 640px" /></a></p>
<p><span style="color: #3366ff; font-size: medium;"><b>POSCO TJ Park Foundation</b></span></p>
<p>Named after POSCO founder Tae-Joon Park, the POSCO TJ Park Foundation (<a title="POSCO TJ Foundation" href="http://www.postf.org/2010/eng/main.jsp">Website Link</a>) was established in 2005 as a non-profit organization to make extensive and systematic social contributions. The Foundation runs four core programs: POSCO TJ Park Prize to award outstanding persons in the fields of science, education, and community development &amp; philanthropy; regional contribution programs to participate in the local community and to nurture talents who will contribute to society; POSCO Asia Fellowship for mutual understanding and communication between Asian countries; and TJ Park Science Fellowship to support young and talented basic scientists in Korea. Through these core programs, the Foundation strives to carry out the social responsibilities of POSCO and contribute to its sustainable management.</p>
<p>Let’s have a closer look into the core programs managed by POSCO TJ Park Foundation:</p>
<p><span style="color: #3366ff; font-size: medium;"><b>The Core Programs of the POSCO TJ Park Foundation</b></span></p>
<p><span style="color: #3366ff;"><b>#1. TJ Park Science Fellowship: Awarding Outstanding Achievements in Science</b></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/2.jpg"><img class="aligncenter size-large wp-image-4629" alt="2" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/2-1024x485.jpg" width="640" height="303" /></a></p>
<p>The TJ Park Science Fellowship selects and supports talented scientists who study and research in a university or institution in Korea, not abroad, to allow them to grow into scientists of global standard. This Fellowship is designed to help young scientists, including graduates of doctoral studies, post-doctoral researchers, and young assistant professors in the fields of mathematics, physics, chemistry, and Biological sciences so that they can focus on their research in Korea with stability and a sense of pride.</p>
<p><span style="color: #3366ff;"><b>#2. Regional Contribution Programs: Nurturing Future Talents</b></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/31.jpg"><img class="aligncenter size-large wp-image-4630" alt="3" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/31-1024x683.jpg" width="640" height="426" /></a></p>
<p><span style="color: #3366ff;"><b>POSCO Rising Star Scholarship</b></span></p>
<p>This Scholarship is awarded to high school students in Pohang and Gwangyang where POSCO is located. The purpose of the Scholarship is to practice the corporate philosophy of POSCO to participate in the local community and to nurture talents who will contribute to society.</p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/42.jpg"><img class="aligncenter size-large wp-image-4631" alt="4" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/42-1024x682.jpg" width="640" height="426" /></a></p>
<p><span style="color: #3366ff;"><b>POSCO Vision Scholarship</b></span></p>
<p>This Scholarship is awarded to young students in poor circumstances in Pohang and Gwangyang, where POSCO is located, with the aim to help them focus on their studies with the right attitude and thereby grow into outstanding members of society.</p>
<p><span style="color: #3366ff;"><b>#3. POSCO TJ Park Prize: Honoring Philanthropic Social Contributions</b></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/5.jpg"><img class="aligncenter size-large wp-image-4632" alt="5" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/5-1024x642.jpg" width="640" height="401" /></a></p>
<p>The POSCO TJ Park Prize was established to honor the achievements of POSCO’s Honorary Chairman, Tae-Joon Park, and to promote the company’s efforts to respect creativity, nurture talent, and practice philanthropy &#8211; the driving forces behind the company’s success &#8211; with the hope that this will encourage the public to make even greater contributions to social progress in the future. The Prize is given in three fields: science, education, and community development &amp; philanthropy to individuals and/or organizations that are selected through a fair, transparent, and strict selection process. The prize presentation ceremony is held every year, where a medal and prize money of KRW 200 million (approximately USD 170,000) is awarded to each laureate. Through the POSCO TJ Park Prize, the Foundation hopes to arouse the drive for research and the pride of the nation’s science &amp; technology sector, contribute to grounding an exemplary image of an educator, and awaken a sense of value in fulfilling the spirit of community development &amp; philanthropy.</p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/table1.png"><img class="aligncenter size-full wp-image-4645" alt="table" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/table1.png" width="640" height="268" /></a></p>
<p><span style="color: #3366ff;"><b>#4. POSCO Asia Fellowship: Encouraging Collaboration and Exchange in Asia</b></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/63.jpg"><img class="aligncenter size-large wp-image-4633" alt="6" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/63-1024x682.jpg" width="640" height="426" /></a></p>
<p>One of the key enterprises of the Foundation, the POSCO Asia Fellowship provides scholarships, facilitates academic research, and publishes literary works with the aim to enhance mutual understanding and collaborative exchanges between Asian countries. The objectives are nurturing prospective young talents and encouraging exchanges and collaboration between intellectuals in Asia. Through such efforts, the Foundation aims to contribute to the mutual prosperity of Asian countries as well as the building of a network of talents.</p>
<p>[box] <span style="font-size: medium;"><strong><span style="color: #3366ff;">Programs and Scholarships Available within POSCO Asia Fellowship </span></strong></span></p>
<p><strong><span style="color: #3366ff;">Scholarship for Asian Students Studying in Korea</span></strong></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/7.jpg"><img class="aligncenter size-large wp-image-4634" alt="7" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/7-1024x591.jpg" width="500" height="289" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/07/7-1024x591.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/7-800x462.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/7-768x443.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/7.jpg 1429w" sizes="(max-width: 500px) 100vw, 500px" /></a></p>
<p>This Scholarship supports the prospective leaders of Asia by providing full tuition and living expenses to young talents from Asian countries as they enroll in master’s or doctoral programs at some of the most prestigious Korean universities or institutions and experience the Korean society and culture.</p>
<p><strong><span style="color: #3366ff;">Asia Regional Expert Nurturing Program</span></strong></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/84.jpg"><img class="aligncenter size-large wp-image-4635" alt="8" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/84-1024x682.jpg" width="500" height="333" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/07/84-1024x682.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/84-800x533.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/84-768x512.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/84.jpg 1429w" sizes="(max-width: 500px) 100vw, 500px" /></a></p>
<p>This Program is designed to nurture Korean experts of the Asian region by supporting their education abroad so that they can acquire a sound understanding of the language, history, and culture of various Asian countries and establish a solid foundation for further studies and research endeavors. The Program will enable Korean experts to lead the regional studies on Asia and ultimately contribute to the development of the Asian region.</p>
<p><span style="color: #3366ff;"><strong> Scholarship for Prestigious Asian Universities</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/93.jpg"><img class="aligncenter size-large wp-image-4636" alt="9" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/93-1024x641.jpg" width="500" height="313" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/07/93-1024x641.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/93-800x501.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/93-768x481.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/93.jpg 1429w" sizes="(max-width: 500px) 100vw, 500px" /></a></p>
<p>The Foundation is building cooperative relations with prestigious universities in Asia and awarding scholarships to the excellent Asian students at those universities in order to boost their academic achievements.</p>
<p><span style="color: #3366ff;"><strong> Asia Research Grant Program &amp; POSCO Asia Conference</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/101.jpg"><img class="aligncenter size-large wp-image-4637" alt="10" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/101-1024x682.jpg" width="500" height="333" /></a></p>
<p>This Program aims to support the intellectuals of Asian countries, including scholars, professors, and researchers, as they conduct in-depth research on the cultural and social fields regarding Asia. The POSCO Asia Conference is an international convention where Asian scholars share the results of their research conducted for 1~2 years with the support of the Foundation and establish academic networks.</p>
<p><span style="color: #3366ff;"><strong>Publication of the Literary Journal ASIA</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/07/111.jpg"><img class="aligncenter size-large wp-image-4638" alt="11" src="https://newsroom.posco.com/en/wp-content/uploads/2014/07/111-1024x666.jpg" width="500" height="325" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/07/111-1024x666.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/111-800x521.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/111-768x500.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2014/07/111.jpg 1429w" sizes="(max-width: 500px) 100vw, 500px" /></a></p>
<p>The quarterly literary journal ASIA is published to help Asian writers and artists pursue their creative activities and to improve exchanges and networks between countries in Asia through the literary endeavors of intellectuals and literary persons.</p>
<p><span style="color: #3366ff;"> ◈ To learn more about the eligibility and scope of support for each scholarship/program, click <a title="POSCO" href="http://www.postf.org/2010/eng/main.jsp">here</a></span>[/box]</p>
<p>The POSCO TJ Park Foundation is dedicated to further expanding Asia’s academic and cultural networks, nurturing young leaders who will open up a brighter future for the region, and sharing with its neighbors in need. By standing tall as a foundation that establishes POSCO as a respected and loved company by the people and that serves the nation, we will be at the forefront of the efforts to make the world a more abundant and warmer place.</p>
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