The eastern side of the river is dominated by industrial development associated with the Pohang Iron and Steel Company (POSCO) steelyard. This development (image center) includes large factory and storage buildings with striking light blue and light red rooftop. Green vegetated hills and mountains border the urban area to the east, west, and south, and several vegetated hills remain within the industrial area. Numerous boat wakes are also visible to the east-northeast of the POSCO steelyard docks.

While the Pohang area has been occupied by small fishing villages since approximately 1500 BC, development of an urban area only began in 1930 when harbor facilities were constructed. POSCO began construction of a large steel mill and associated facilities in 1968, with production of steel products commencing in 1972. The steel industry is still a major component of the city’s economic base, but recent efforts to lessen dependance on heavy industry has fostered new interest in environmentalism and culture within Pohang.