6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15D-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of May, 2008

Commission File Number: 1-13368

POSCO

(Translation of registrant’s name into English)

POSCO Center, 892 Daechi 4-dong, Kangnam-gu, Seoul, Korea, 135-777
(Address of principal executive office)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F þ                    Form 40-F o

[Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o                    No þ

[If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b) : 82- _______________.]

TABLE OF CONTENTS

EX-99.1 An English-language translation of documents with respect to Signing MOU with Pohang-City for Waste-fuel Conversion Business

POSCO is furnishing under cover of Form 6-K:

Exhibition 99.1: An English-language translation of documents with respect to signing MOU with Pohang-City for Waste-fuel Conversion Business

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		POSCO (Registrant)
Date     May 30, 2008	By	/s/ Lee, Dong-Hee
		(Signature)*
*Print the name and title under the signature of the signing officer.		Name: Lee, Dong-Hee
		Title: Senior Executive Vice President

EX-99.1

n EXHIBIT 99.1

Signing MOU with Pohang-City for Waste-fuel Conversion Business

     On May 30, POSCO and Pohang-City have formed a partnership to develop Waste-fuel business using living-wastes. POSCO already signed similar MOU with Busan-city in November, 2007. POSCO and Pohang-City have plan to construct facilities in Pohang by 2011 for selecting waste, making solid fuels and generating electric power. About KRW 100 billion will be invested in total. POSCO and its affiliates are planning to invest about KRW 28 billion.

— About KRW 15 billion in annual revenues is expected by processing living-wastes and production of electricity.

— It is expected to get about 50,000 tons of CO₂ emission permit by reducing greenhouse gases.

— It is informed that above information can be changed according to the business environment.