POSCO, Honda to cooperate in EV material business

POSCO, Honda to cooperate in EV material business

South Korea's POSCO Group and Japan's Honda Motor signed a comprehensive memorandum of understanding (MOU) on Tuesday to expand cooperation in the e...

SeAH rolls out S.Korea's first 24-inch STS steel pipe production line

SeAH rolls out S.Korea's first 24-inch STS steel pipe production line

South Korea's SeAH Steel Corp. through an expansion has the nation's largest plant for stainless steel (STS) welded steel pipe measuring 60.9 cm (24...

Korean Dongkuk opens 2nd Mexican color-coated steel plant

Korean Dongkuk opens 2nd Mexican color-coated steel plant

Dongkuk Steel Mill Co. opened its second color-coated steel plant in Mexico as South Korea’s third-largest steelmaker aims to expand its prese...

Dongkuk Steel installs solar power generation facility at Pohang plant

Dongkuk Steel installs solar power generation facility at Pohang plant

Dongkuk Steel Mill Co., the world's leading manufacturer of color-coated steel, announced on Wednesday that it has installed a 10-megawatt solar pow...

POSCO's composite column building method gets green tech certification

POSCO's composite column building method gets green tech certification

South Korea's steelmaker POSCO on Sunday said its P-Box Column, the method of building a concrete-filled synthesized column jointly developed with P...

Hyundai, other Korean steelmakers slim down Chinese units

Hyundai, other Korean steelmakers slim down Chinese units

Hyundai Steel Co. has decided to sell its Beijing arm, worth 400 billion won ($310 million) in asset value, hit by declining sales of its affiliates...

Hyundai Steel's sustainability report wins gold prize in US

Hyundai Steel's sustainability report wins gold prize in US

South Korea's steelmaker Hyundai Steel announced Sunday that its integrated report 2022 Beyond Steel has been recognized for its excellence by a wor...

Dongkuk Steel to develop carbon-saving hyper electric furnace

Dongkuk Steel to develop carbon-saving hyper electric furnace

Dongkuk Steel Mill Co. has begun its research on carbon emission-reducing hyper-electric furnace processes.The company announced on Friday that it p...

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon’s eco-friendly steel plate gets US certification

POSCO Steeleon Co., a South Korean steelmaker and a unit of POSCO Group, said on Wednesday that its biomass color steel plate has been certified as ...

Hyundai Steel co-hosts symposium on low-carbon construction materials

Hyundai Steel co-hosts symposium on low-carbon construction materials

Hyundai Steel has joined hands with the construction industry to increase the recycling of steel byproducts.On Tuesday, the steel maker organized a ...

POSCO to produce low-carbon steel raw material in Australia

POSCO to produce low-carbon steel raw material in Australia

South Korea's top steelmaker POSCO has launched a project in Australia to produce hot briquetted iron (HBI), an essential raw material for the adopt...

SeAH begins construction on stainless steel pipe plant in Saudi Arabia

SeAH begins construction on stainless steel pipe plant in Saudi Arabia

SeAH Gulf Special Steel Industries (SGSI), a joint venture between South Korea's SeAH CSS and Saudi Arabian oil giant Aramco, has broken ground on a...

POSCO Int'l to expand LNG storage capacity for $810 mn

POSCO Int'l to expand LNG storage capacity for $810 mn

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

POSCO turns to red in Q4 on typhoon, weak steel demand

POSCO turns to red in Q4 on typhoon, weak steel demand

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’s Pohang steel mill fully recovers from typhoon damage

POSCO’s Pohang steel mill fully recovers from typhoon damage

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

POSCO opens first overseas venture incubating office in Silicon Valley

POSCO opens first overseas venture incubating office in Silicon Valley

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...

Dong Yang Steel Pipe signs contract with Japanese EPC company

Dong Yang Steel Pipe signs contract with Japanese EPC company

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...

S.Korea posts 2nd current account deficit in 3 months due to flat exports

S.Korea posts 2nd current account deficit in 3 months due to flat exports

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

Korean steelmakers accuse Japanese rivals of product dumping

Korean steelmakers accuse Japanese rivals of product dumping

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

S.Korea develops carbon composite materials as its 2nd steel industry

S.Korea develops carbon composite materials as its 2nd steel industry

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

POSCO’s Pohang workers to leave umbrella steel union group

POSCO’s Pohang workers to leave umbrella steel union group

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

Korea should open retail electricity market for renewables

Korea should open retail electricity market for renewables

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' Q3 profit tumbles on steel mill shutdown

POSCO Holdings' Q3 profit tumbles on steel mill shutdown

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 Holdings to invest extra $1.1 billion in Argentine lithium plant

POSCO Holdings to invest extra $1.1 billion in Argentine lithium plant

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 says normalization of typhoon-hit steel mill unlikely until Q1 2023

POSCO says normalization of typhoon-hit steel mill unlikely until Q1 2023

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 expects typhoon to reduce sales by $1.5 billion

POSCO expects typhoon to reduce sales by $1.5 billion

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 may need months to normalize typhoon-hit steel mill

POSCO may need months to normalize typhoon-hit steel mill

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...

Hyundai Steel unveils steel sheets with 30% reduction in carbon emissions

Hyundai Steel unveils steel sheets with 30% reduction in carbon emissions

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

POSCO gains huge dividend from Roy Hill mine in H1

POSCO gains huge dividend from Roy Hill mine in H1

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...

Korea's SeAH joins hands with Saudi Aramco on special steel

Korea's SeAH joins hands with Saudi Aramco on special steel

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...

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