POSCO Processing & Service Co., Ltd. operates as a material processing and fabricating solutions company. It deals with steel machining and marketing, steel construction materials, metal trading, and resource recycling. The company serves heavy equipment, construction, and shipbuilding and storage tank manufacturing industries. POSCO Processing & Service Co., Ltd. is based in Seoul, South Korea with processing centers in Pohang, Gwangyang, Gunsan, the United Arab Emirates, China, and the Philippines. As of March 1, 2017, POSCO Processing & Service Co., Ltd. operates as a subsidiary of Posco Daewoo Corporation.