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South Korea’s POSCO Wins Metals Company of the Year: S&P Global Platts Global Metals Awards

Winners Hail from the U.S., Russia, Canada, Australia, South Korea, India and the U.K.

CEO of the Year: Oleg Bagrin, NLMK Group


POSCO, one of the world’s largest steel companies won the prestigious Metals Company of the Year award at the sixth annual S&P Global Platts Global Metals Awards, which recognizes exemplary performance in 15 categories across the steel, metals and mining complexes.



Honorees from four continents were heralded at the black-tie gala in central London. The event, hosted by S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, was once again emceed by CNBC’s Karen Tso and attended by nearly 200 industry executives.



“POSCO’s relentless focus on efficiencies, production of world-class products and deployment of smart technologies have enabled South Korea’s leading steelmaker to succeed in a challenging environment. We congratulate POSCO on this impressive win,” said Martin Fraenkel, President of S&P Global Platts. “Each of this year’s winners and finalists deserves praise for their contributions to helping the metals industry become more efficient and innovative.”



POSCO won the 2018 Metals Company of the Year title as well as the Industry Leadership Award for Steel. In reaching its decision, the Global Metals Awards’ independent judging panel lauded the company’s “fantastic discipline” and “impeccable execution”. The organization was praised by the judges for its ability to “excel in a competitive environment and consistently produce world-class products.”



The coveted CEO of the Year award went to Oleg Bagrin, Chief Executive Officer of NLMK Group, Russia’s largest steelmaker. Judges were impressed by his “clarity of vision” and his “impressive achievements” in executing the firm’s strategy which improved NLMK Group’s efficiencies, profitability and shareholder returns. With his goals accomplished, Mr Bagrin stepped down from NLMK Group in early 2018.



Thomas A. Danjczek, Headwall Partners, received this year’s Lifetime Achievement Award, with judges lauding his “remarkable track record”. From his starting on the mill floor at Bethlehem Steel to become president of the Steel Manufacturers Association for 15 years, Mr Danjczek demonstrated “the honesty, integrity, leadership and strategic vision" that are the hallmarks of this award.



For full details of the 2018 winners of the Global Metals Awards and the judges’ rationale, visit S&P Global Platts’ Insight Magazine. Following are the 2018 S&P Global Platts Global Metals Awards winners:



Metals Company of the Year
POSCO



CEO of the Year
Oleg Bagrin, NLMK Group



Lifetime Achievement Award
Thomas A. Danjczek, Headwall Partners



Corporate Social Responsibility Award
NMDC Limited



Deal of the Year
Bedrock Industries



Industry Leadership Award – Aluminum
Rio Tinto Aluminium



Industry Leadership Award – Base & Specialty Metals
MGX Minerals Inc.



Industry Leadership Award – Precious Metals
Polyus



Industry Leadership Award – Raw Materials & Mining
Hancock Prospecting Pty Ltd



Industry Leadership Award – Scrap & Recycling
United Scrap Metal



Industry Leadership Award – Steel
POSCO



Physical Metals Service Provider of the Year
Klein Steel Services



Financial Metals Service Provider of the Year
BMO Harris Bank N.A.



Rising Star Award
GFG Alliance



Breakthrough Innovation of the Year
Veloxint Corporation




For additional information, as well as the full list of finalists from which the winners were selected, see the S&P Global Platts Global Metals Awards website (http://gma.platts.com/).



For information on sponsors and other supporters of the 2018 S&P Global Platts Global Metals Awards visit: http://gma.platts.com/AboutSponsor.



Nominations for next year’s S&P Global Platts Global Metals Awards will be accepted starting December 2018.



S&P Global Platts will hold its sister awards gala, the 20th annual S&P Global Platts Global Energy Awards, on December 6, 2018, in New York City at Cipriani – Wall Street.



Photo: https://mma.prnewswire.com/media/365785/S_and_P_Global_Platts.jpg


Contacts
EMEA: Arnaud Humblot +44 207 176 6685, arnaud.humblot@spglobal.com
Alex Brog +44 207 176 7645, alex.brog@spglobal.com
Americas: Kathleen Tanzy, + 1 917 331 4607, kathleen.tanzy@spglobal.com



About S&P Global Platts
At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We're the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping.



S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.platts.com.


S&P Global Platts Media Contact update

Americas: Kathleen Tanzy, + 1 917 331 4607, kathleen.tanzy@spglobal.com
EMEA and Asia: Alex Brog, +44 20 7176 7645, alex.brog@spglobal.com and Arnaud Humblot, +44 20 7176 6685, arnaud.humblot@spglobal.com

About S&P Global Platts

At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We're the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping.

S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit https://www.spglobal.com/platts/en



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