Slide 1: 2Q 2012 Operating Performance
Exhibit 99.1 2Q 2012 Operating July 24, 2012 Performance
Slide 2: Consolidated Performance, Key Business Activities, Business Environment, 2012 Business Plan
-Consolidated 2Q Figures POSCO Operating Key provided Business Operating Performance Performance in Activities this Performance presentation Business are Environment based on unaudited 2012 Business financial Planstatements of the Company. Certain contents in this presentaiton ar>e subject to change
Slide 3: Consolidated Income and Profitability
Profitability Income Consolidated 17,047 466 2011.2Q 2.8% 3.9% 8.0% 6.5% 4.8% (in Operating Revenue Net Steel?Support14,478 ‘12.2Q ‘12.1Q ‘11.2Q 95 67 56 6,966 6,695 7,043 Trading 582 538 1,382 1,069 481 1,637 I13,806 38 32 17 59 1,967 1,461 1,902 E&C 6101 227 209 245 371E 42 93 29 730 722 ?450 23 1
Slide 4: Consolidated Financial Structure
Financial Consolidated 74,531 Liability 92.1% 86.4% Return 4.5% 6.2% 13.9% 2011.2Q (in Steel?Support65,696 ‘12.2Q ‘12.1Q ‘11.2Q Equity Liabilities ?Assets 735 702 552 855 817 644 1,590 1,520 Chem?Mat’l1,196 898 840 679 2,394 2,250 2,120 3,292 3,090 2,799 Energy 312 310 247 581 547 423 893 857 670 IC
Slide 5: Consolidated Summarized Statements of Income
Consolidated Summarized 2011. 2012. Gross 1.1 16,488 16,309 17,047 Revenue QoQ(%) (Gross 30.2 2,184 1,678 2,671 Selling (13.2%) (10.3%) (15.7%) 928 934 874 Other 43 Operating (Operating 35.2 1,065 788 1,746 Share (6.5%) (4.8%) (10.2%) equity-accounted 17 35 Finance 70 44 Foreign & 250 409 Net 466 63
Slide 6: Consolidated Summarized Financial Position
Consolidated Summarized (in 2011. 2012. QoQ Cash 6.1 35,378 33,335 31,662 Accounts 3.9 8,401 8,087 7,973 0.1 11,498 11,488 11,454 Inventories 5.8 12,667 11,968 10,947 44,563 46,144 42,869 Other Financial 4,554 5,495 6,022 1.8 29,489 28,967 26,555 PP&E Current 0.5 38,306 38,100 34,537 Liabilities Non
Slide 7: POSCO Operating Performance
- Consolidated POSCO 2Q Operating Key Business Operating Performance Performance Activities Performance Business Environment 2012 Business Plan
Slide 8: POSCO Production and Sales
POSCO Production Crude (in 9,284 Ratio S Steel 8,908 8,893 8,815 ?Carbon 970 974 898 Inventory 3,421 3,510 2,906 Export 5,248 5,266 5,751 Domestic 2012.2Q 2012.1Q 2011.2Q 498 533 -469 8/24 Pohang) Gwangyang) Regular Tthousand S 9,426 Steel Operating 2012.1Q maintenance #2-4 &Production volume 9,406
Slide 9: POSCO Sales by Product
POSCO Sales Auto/Transportation 1,923 (in Wire ?8.7% ?8.9% 1,501 1,644 1,648 Plate* ?3.9% +3.5% 1,971 2,052 1,904 Hot-Rolled QoQ YoY 2012.2Q 2012.1Q 2011.2Q Electrical +3.2% 3,411 3,352 3,305 Cold-Rolled ?3.5% 520 511 539 S +3.9% ?2.4% 240 231 *246 ?1.2% +0.1% 8,669 8,776 8,657 Total +15.2% +0.5% 57
Slide 10: POSCO Income Statement and Operating Margin
POSCO Income Recorded Revenue (in 10,032 Operating ?14.9% (thousand Carbon QoQ 2012.2Q 2012.1Q *2011.2Q ?0.4% 926 930 1,011 10/24 Product Weighted billion 4.5% 9,460 Steel Operating 2012.1Q Price double-digit KRW/ton) KRW) Profit Margin average 11.5% Sales 9,223 Trend (in 2012.2Q Performance Price*
Slide 11: POSCO Strengthened Financial Structure
Financial POSCO Strengthened Assets (in 52,694 „12.3/E ?566 (Debt) ?420 (Total) +351 From 12.2Q 12.1Q 2011 Liability Equity ?2.7 37.5 39.4 ?40.2 +1.4 72.7 71.7 71.3 11/24 Redemption billion 11/E Liabilities to 52,479 12.6/E Operating to Assets Structure KRW) Equity financial of 14,890 Change (%) dom
Slide 12: 2Q Key Business Activities
- POSCO 2Q Business Consolidated Operating Key Business Environment Operating Performance Performance Activities Performance 2012 Business Plan
Slide 13: Steel: Lifted Sales and Profitability
Steel Lifted Sales 3,946 (Kt) 380 Profitability 31% Progress Cost-saving “Expanded 57% ?“Enhanced -“612.9bn Domestic 60.8% Auto 212.1Q 1H” 74.3 36.8 Raw 13/24 Adjusted Developed Respond Ramped Operating Export 2012 Supply ‘12.1Q %Cost-Saving 408.4 63.2 30.2 ?32% Maintenance 2Q Sheets to 3,810 domest
Slide 14: Expanded Steel Capacity
Expanded Steel 2012 380 40 51 Capacity(Mt) Upstream + Overseas Downstream “Expansion -Capacity( China Turkey works: India Region “Domestic/overseas Pohang Brazil *Vietnam* Target India 3,250 ?14/24Project 2Q Project 2015(F) Electrical CGL Auto Blast CGL Indonesia IndonesiaSTS Product Facility #3 Kt
Slide 15: POSCO Energy Business Portfolio
“Development ?Signed ?Supply “POSCO Region -“Sales Widened Energy Up-Stream Mid-Stream Overseas 2011 Down-Stream SNG Residual *Fuel 15/24 Myanmar Gwangyang First 27 Develop CNPC: plants(51.2MW) (Nowon, Sales Plant enter of 2Q Business Capacity -termlong environment (Indonesia) business Fuel China +E
Slide 16: Carbon Materials and Energy Materials
Carbon Capacity N Isotropic E 2ESM Non-ferrous Mg Domestic 2013(F) Materials Achieved Harvesting “Penetrated “Technology with -?“Entered Needle Maricunga Gangneung 16/24 011 Needle R&D Developed Signed High Mg nergy Pursue Demo Stable eedle Ingot Bolivia 2012(F) sheet s purity Domestic on coke: Coke
Slide 17: Subsidiaries Key Business Activities
Subsidiaries Steel Daewoo E&C ICT Energy—Utilization plants POSCO Chem & -Mat *PSD 17/24 Total Construction Sold Overseas Increased More Started POSCO POSCO l-POSCO :—Sales (‘11.2Q, 1.94 Profits orders overseas Platform Energy: CHEMTECH: International: construction CB M-TECH: projects Mt Key ICT: wo
Slide 18: Business Environment
- POSCO 2Q Business 2012 Consolidated Operating Key Business Business Environment Operating Performance Plan Performance Activities Performance
Slide 19: Global Economy and Steel Demand Outlook
Global Chinese ?Manufacturing ?Government industries Despite expected U.S. ?U.S. (< 55.7 53.1 YoY 51.0 50.5 50 49.3 47.9 Steel 42.8 *‘12.1 19/24 million China EUManufacturing PMI U.S. 53.3 48.8 India Russia economic PMI 2expects 120 Steel 3slow Federation ssteel tons) thanks 449.2 50.4 59 Manufactur
Slide 20: Steel Market Supply and Demand Outlook
?Production Construction ?Construction Continuous ?Building Domestic 3Q (thousand 2010 1Q Nominal YoY Export Production Import *Incl. 20/23 POSRI(Jul. demand 2QSemi-product 2011 3Q 24,881 11,329 Consumption Steel tons) (million 2012 forecast 65,942 downward expected (thousand investment 2012) invest
Slide 21: Raw Material Prices: Iron Ore and Coal
Weak to due than-expected 32Raw Spot (Apr. Marginally “3Q Despite Relatively Iron ($/ton) 273 175 142 *Platts 21/24 Qlift to 307 150 142 Ore Price: Materials price $150 up prices ongoing ($/ton) 62%Fe slow 298 236 138 Coal Spot prices decreased in Fine HCC $136/ton) increased are 147 252 better stee
Slide 22: Stainless Steel Market and Raw Materials
Stainless 32Sales Although global has -Major “Market Supply/demand by repurchasing reduced -Chinese July “Ni Ni: Cr: STS Europe 2.7 *3Q 22/24 Qmills Ni 4Q 2011. EU Price Despite Lower stabilized .utilization CR :vacation Raw LME economic 1Q market fiscal ($/ton) inventories efforts Price will and St
Slide 23: 2012 Business Plan
- POSCO 2Q Business 2012 Consolidated Operating Key Business Business Environment Operating Performance Plan Performance Performance Performance
Slide 24: POSCO 2012 Business Plan
2011 Revenue Crude Product -Investment 2012 Preemptively These 24/24 POSCO 2012 Business data Steel Sales (in Revenue Investment represent (in Production trillion respond ()trillion Plan 34.5()KRW) the 35.4 39.2 ()to KRW) (in 5.7 company’s crisis 37.5 68.9 million 4.2 8.1 and 70.4 8.7 tighten tons)
Slide 25: 2Q 2012 Operating Performance
2Q 2012 Operating July 24, 2012 Performance