Steel
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Steel
POSCO chairman nominee to prop up ailing steel business
The chairman nominee of POSCO Holdings Inc., the parent of the world’s No. 7 steelmaker POSCO, is expected to concentrate on improving its core...
Feb 13, 2024 (Gmt+09:00)
3 Min read -
Steel
Korean steelmakers to raise prices further
South Korea’s top steelmaker POSCO Holdings Inc. and its domestic peers are poised to raise product prices further to cut losses amid surging c...
Feb 05, 2024 (Gmt+09:00)
1 Min read -
Steel
Korean steelmakers mull anti-dumping suit vs Chinese, Japanese firms
Under growing pressure from increased imports of cheap Chinese and Japanese steel products, South Korean steelmakers are considering filing an anti-d...
Jan 17, 2024 (Gmt+09:00)
3 Min read -
Steel
POSCO chair, board under investigation ahead of new CEO selection
Police in Seoul have launched a probe into South Korea’s POSCO Holdings Inc. Chairman and Chief Executive Choi Jeong-woo and the company's boar...
Jan 12, 2024 (Gmt+09:00)
3 Min read -
Steel
Scrap steel price poised to rebound on lower inventories
Scrap steel prices in South Korea are poised to bounce back after hitting an annual low in the last month of 2023 amid declining scrap metal inventor...
Jan 04, 2024 (Gmt+09:00)
2 Min read -
Steel
POSCO named world's most competitive steelmaker
South Korea's POSCO was ranked number one as the world’s most competitive steelmakers for 14 straight years by the global steel analytics World...
Dec 21, 2023 (Gmt+09:00)
1 Min read -
Steel
POSCO DX to develop robots for steel mills
POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., will collaborate with Chosun Refractories Co. to develop ro...
Dec 13, 2023 (Gmt+09:00)
1 Min read -
Steel
POSCO starts building industrial gas facilities in Pohang
South Korea’s top steelmaker POSCO started to construct an industrial gas production facility with a capacity of 250,000 tons at its secondary...
Dec 05, 2023 (Gmt+09:00)
2 Min read -
Steel
Dongkuk CM develops world's first recycled color-coated steel sheets
Dongkuk Coated Metal Co. (Dongkuk CM), a cold-rolled steel subsidiary of Dongkuk Steel Mill Co., announced on Wednesday that it has succeeded in deve...
Nov 29, 2023 (Gmt+09:00)
1 Min read -
Steel
ADNOC awards steel pipe order contracts to Korea’s SeAH
South Korea’s SeAH Steel Holdings Corp. said on Tuesday it has signed a five-year contract to provide 200,000 tons of steel pipes to Abu Dhabi ...
Nov 21, 2023 (Gmt+09:00)
1 Min read -
Steel
South Korean steelmakers face longer winter
South Korean steelmakers, including the world’s sixth-largest steelmaker POSCO, are facing a longer-than-expected winter in steel demand as the...
Oct 29, 2023 (Gmt+09:00)
2 Min read -
Steel
POSCO completes automotive steel plates plant in China
South Korea’s POSCO announced on Thursday it completed the new plant for automotive steel plates in Tangshan, Hebei province, China.As a joint...
Oct 19, 2023 (Gmt+09:00)
1 Min read -
Steel
POSCO Group chief: steel desperately needs corporate solidarity
South Korea’s POSCO Group on Tuesday said its Chairman Choi Jeong-woo presided over the regular meeting of the World Steel Association on Sund...
Oct 18, 2023 (Gmt+09:00)
1 Min read -
Steel
POSCO fully recoups initial investment in Roy Hill mine
POSCO Holdings Inc., the holding company of South Korea’s top steelmaker POSCO, has fully recovered its initial investment of 1.3 trillion won ...
Oct 10, 2023 (Gmt+09:00)
3 Min read -
Steel
Hyundai Steel aims to reduce reliance on Hyundai, Kia
South Korea's Hyundai Steel Co. is aiming to reduce its dependence on its affiliates Hyundai Motor Co. and Kia Corp. to become one of the world&rsquo...
Oct 05, 2023 (Gmt+09:00)
3 Min read -
Steel
Japanese steelmakers flood South Korea on back of weaker yen
Japanese steelmakers are expanding their market shares in South Korea, backed by the yen's drop against the Korean won to the lowest in eight years. ...
Sep 20, 2023 (Gmt+09:00)
4 Min read -
Steel
Hyundai Steel to pull out of stainless steel market
Hyundai Steel Co. has decided to close its stainless steel-making plant in Incheon, South Korea, pulling out of the market amid a flood of Chinese-ma...
Sep 20, 2023 (Gmt+09:00)
2 Min read -
Steel
POSCO Holdings to strengthen collaboration with SNU
South Korea's POSCO Holdings Inc. signed a memorandum of understanding (MOU) for comprehensive industry-academia collaboration with Seoul National Un...
Sep 11, 2023 (Gmt+09:00)
1 Min read -
Steel
POSCO mulls opening integrated steel plant in India
CHENNAI, INDIA – POSCO, the South Korean steel giant under POSCO Holdings Inc., is considering opening an integrated steel mill in India in its...
Sep 04, 2023 (Gmt+09:00)
3 Min read -
Steel
Hyundai Steel further scales back on Chinese operations
South Korea’s Hyundai Steel Co. has sold its subsidiary in Chongqing, China to further scale back Chinese operations as it loses ground to low-...
Aug 16, 2023 (Gmt+09:00)
2 Min read -
Steel
Hyundai Steel develops industrial neutron analyzer jointly with startup
Hyundai Steel Co., South Korea's second-largest steelmaker, announced on Thursday that it has successfully collaborated with the in-house startup 3I ...
Aug 10, 2023 (Gmt+09:00)
1 Min read -
Steel
POSCO changes brand slogan for first time in 23 years
POSCO Holdings Inc., the holding firm of South Korea’s largest steelmaker, on Wednesday announced a new brand slogan, “Green Tomorrow, wi...
Aug 09, 2023 (Gmt+09:00)
1 Min read -
Steel
POSCO Holdings posts operating profit of $790 million in Q1
South Korea's POSCO Holdings Inc. has returned to the level of 1 trillion won ($790.5 million) in quarterly operating profit after a year and sales t...
Jul 19, 2023 (Gmt+09:00)
1 Min read -
Steel
Hyundai Steel to open carbon-neutral steel lab by 2023
Hyundai Steel Co., a unit under South Korean auto giant Hyundai Motor Group, is set to kick off research on hydrogen-based steelmaking as its new lab...
Jul 10, 2023 (Gmt+09:00)
1 Min read -
Steel
POSCO gears up for big stride as green materials firm with Hyper NO
South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with ...
Jul 06, 2023 (Gmt+09:00)
3 Min read -
Steel
POSCO to spend $92 bn by 2030 to boost eco-friendly business
POSCO is a symbol of South Korea’s economic modernization. Five decades ago, it emerged from the nation's agriculture-based economy as one of t...
Jul 03, 2023 (Gmt+09:00)
2 Min read -
Steel
Singapore includes KS Standards in construction guidelines
KS standards have been included in Singapore's Class 1 Building and Construction guidelines (BC1). As a result, it is expected that steel exports to ...
Jun 21, 2023 (Gmt+09:00)
1 Min read -
Steel
POSCO launches first product from its low-carbon Greenate brand
South Korea's top steelmaker POSCO on Sunday launched the first product from its low-carbon brand Greenate.Greenate features distribution-type produc...
Jun 05, 2023 (Gmt+09:00)
2 Min read -
Corporate strategy
POSCO to comply with IRA rules to access battery tax breaks: chairman
NEW YORK – POSCO Group, which owns South Korea’s largest steelmaker, has been striving to transform into a low-carbon conglomerate by she...
Jun 01, 2023 (Gmt+09:00)
3 Min read
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