KG DONGBU STEEL

POSCO International Co. will sharply increase its liquefied natural gas (LNG) storage capacity by spending 1 trillion won ($810 million) to build a ...

Last year, per-person annual rice consumption in South Korea fell by half from 30 years ago, marking a record low.According to the results of the 20...

POSCO Holdings Inc., the holding company of South Korea’s top steelmaker, turned to the red in the fourth quarter of 2022 hit by a typhoon and...

POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, said on Thursday all its steelmaking facilities hit by Typhoon H...

POSCO Group said on Wednesday that it has opened the first overseas office of ChangeUp Ground in Silicon Valley in the US.ChangeUp Ground is a start...

DongYangSteelPipe, a steel pipe unit of KBI Group, said on Tuesday that it had signed on the previous day an agreement with a Japanese EPC (engineer...

South Korea in November last year suffered its second current account deficit in three months due to plummeting exports of key items like semiconduc...

As Japanese hot-rolled steel plates have flooded into South Korea at even lower prices than those from China, Korean steel manufacturers are consi...

South Korea's two major importers of liquefied petroleum gas (LPG), E1 Corp. and SK Gas Corp., have both cut their supply price of LPG in the first ...

The South Korean government will invest 185 billion won ($139.6 million) by 2030 in the development of technology for carbon composite materials, wh...

The news of US mobile device giant Apple launching its Apple Pay service in South Korea this month sent the share prices of companies that assist th...

One of two labor unions at Korea’s largest steelmaker POSCO will leave its umbrella group, the Korean Metal Workers’ Union (KMWU), follo...

Samsung Electronics Co. is expanding its presence in Japan’s telecommunications market with a supply of 5G network equipment to NTT Docomo Inc...

South Korea’s state-run Korea Development Bank (KDB) is poised to accelerate the selling off of its affiliate KDB Life Insurance Co. next week...

South Korea on Oct. 26 officially launched the carbon neutrality commission based on laws for green growth, which took effect last March, amid the g...

POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, missed market estimates for its quarterly profit as last mo...

POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...

POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, expects its steel mill in the southern port city of Pohang flood...

POSCO, the world’s sixth-largest steelmaker, has predicted sales to fall by $1.5 billion as a typhoon disrupted one of its plants in South Kor...

POSCO, the world’s sixth-largest steelmaker, is expected to need months to resume full operations of its typhoon-hit plant, which makes up a q...

South Korean steelmaker Hyundai Steel Co. announced Tuesday it succeeded in the pilot manufacturing of advanced auto steel sheets using an electric ...

When South Korea’s leading steelmaker POSCO Group acquired a 12.5% stake in Australia’s Roy Hill mine for 1.52 trillion won ($1.2 billio...

South Korea’s steel conglomerate SeAH Group has tied up with Saudi Aramco, Saudi Arabia's energy giant, to accelerate its expansion in the Mid...

South Korea’s POSCO Group and Indonesia’s state-run Krakatau Steel plan to jointly invest $3.5 billion in building a blast furnace and a...

POSCO Holdings Inc., the holding company of South Korea’s steel giant, reported a lower profit in the second quarter on rising raw material pr...

A consortium led by the chemicals-to-steel conglomerate KG Group has been named the new owner of South Korea’s troubled sport utility vehicle ...

South Korea’s POSCO Group will invest 53 trillion won ($42 billion) by 2026 primarily in its steel, rechargeable battery materials and hydroge...

POSCO, the world’s sixth-largest steelmaker, took a step forward to supply global energy major ExxonMobil with steel for liquefied natural gas...

A consortium led by chemicals-to-steel conglomerate KG Group has been named the preferred buyer of South Korea’s troubled sport utility vehicl...

POSCO Group, which owns South Korea’s largest steelmaker, plans to invest 25 trillion won ($20 billion) to secure a stable supply of key raw m...