POSCO breaks ground on China automotive steel plant with HBIS

China’s HBIS Group Co., the world’s third-largest steelmaker, and South Korea’s POSCO Co., the No. 6 player, broke ground on an au...

POSCO plans to cancel treasury shares in its holding firm

Top management of South Korea's POSCO Co. has decided to cancel treasury shares in its to-be-launched holding company, in an effort to win sharehold...

Korea 2021 steel output set to top 70 mn tons on supercycle

South Korea’s steel output last year was estimated to have topped 70 million tons as the industry enjoyed a steel supercycle for the first tim...

POSCO mothballs Korea’s oldest blast furnace for carbon neutrality

Park Tae-joon, the late honorary chairman of POSCO Co., and other key founding members of the global steel giant celebrated on June 9, 1973, when So...

POSCO puts stability above reform in management overhaul

South Korea’s steel giant POSCO has chosen stability over reform in its latest management overhaul, retaining most chief executives at group a...

POSCO to build mini mills for carbon neutrality

POSCO Co., the world’s No. 5 steelmaker, plans to build mini mills, electric arc furnaces for hot rolled steel, in South Korea as part of it...

Korean steel mills rush to secure metal scrap from abroad

South Korean steelmakers, led by POSCO Co., are rolling up their sleeves to secure metal scrap as they are shifting into less carbon-intensive steel...

POSCO to spend $830 mn to build lithium plant in Argentina

South Korea's POSCO Group has earmarked $830 million for spending on a new plant in Argentina to extract lithium hydroxide, a material for electric ...

POSCO CEO says split-off units will never be listed

POSCO Group Chairman and Chief Executive Choi Jeong-woo on Monday reaffirmed the group's determination not to list on the stock market the steelmaki...

POSCO approves holding company plan for eco-friendly business

South Korea’s POSCO Co. is set to split off the company to launch an investment holding firm, 21 years after its privatization. The move aims ...

POSCO International signs parts supply deal with US EV startup Rivian

POSCO International Corp., the trading unit of South Korea’s steel giant POSCO, said on Thursday it has signed a $6 million contract to supply...

POSCO Chemical, GM to launch new battery material JV in US

South Korea’s POSCO Chemical Co. said on Thursday it is forming a new joint venture with US top automaker General Motors Co. to produce cathod...

POSCO mulls holding company structure to raise enterprise value

South Korea's largest steelmaker POSCO is considering splitting up the company to launch an investment holding firm as part of efforts to enhan...

POSCO to quadruple steel sheet production for eco-friendly cars

South Korean steelmaking giant POSCO Co. is slated to quadruple its production of non-grain-oriented electrical steel sheet, a key material in the...

POSCO Chem's rise from brickworks to EV materials leader

POHANG, South Korea - When POSCO Chemical Co., better known as a refractory brick manufacturer until the early 1990s, announced its entry into the a...

POSCO International, Petronas sign PSC for Malaysian gas development

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has signed a production sharing contract (PSC) for the development of an...

POSCO Chem to supply materials to Morrow Batteries

South Korea’s POSCO Chemical Co. agreed to provide materials to Morrow Batteries, a Norwegian electric vehicle battery maker, in a move to tap...

POSCO reaps rewards from Australia’s Roy Hill investment

POSCO, the world’s fifth-largest steelmaker by output, has reaped the rewards of a $1.1 billion investment it made in Australia’s Roy Hi...

Tesla’s shift to LFP cells to shake global battery industry

Tesla Inc.’s shift to less expensive batteries for its electric vehicles is expected to shake the global battery industry.The world’s to...

POSCO Chem Q3 profit surges as battery materials lift sales to fresh high

South Korea’s POSCO Chemical Co. enjoyed a surge in operating profit in the third quarter as higher sales of battery materials ramped up reven...

POSCO International seeks to buy Australian gas producer Senex

POSCO International Co. is seeking to acquire Australian coal seam gas producer Senex Energy Ltd., as the trading unit of South Korean steelmaker PO...

POSCO emerges from pandemic blues with record third-quarter profit

South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high quarterly ...

POSCO to transfer hydrogen steel tech to industry peers for shared growth

The Hydrogen Iron & Steel Making (HyIS) Forum led by the steelmaker POSCO officially opened Oct. 6 in Seoul with more than 1,200 industry partic...

SK, POSCO in heated race for next-generation silicon battery materials

South Korea’s two big conglomerates, SK and POSCO, are setting their sights on silicon anode, a next-generation material for lithium-ion batte...

POSCO breaks ground on $101 million battery recycling plant

South Korea’s top steelmaker POSCO on Thursday broke ground on its 120 billion won ($101 million) plant to extract nickel, lithium and cobalt,...

POSCO to lead global forum on next-generation steelmaking technology

POSCO will host an international forum next month with the world’s major steel and mining companies to develop greener steelmaking processes b...

POSCO hires ex-US envoy on N.Korea Stephen Biegun as adviser

South Korean steel giant POSCO has hired Stephen Biegun, former US deputy secretary of state, as its adviser for its American business.POSCO America...

GS E&C to build EV battery recycling plant near POSCO

GS Engineering & Construction Co. (GS E&C) has launched the construction of its first lithium-ion battery recycling plant in a South Korean ...

POSCO Chem buys stake in Chinese graphite processor

POSCO Chemical Co. has acquired a 13% stake in a Chinese graphite processor as part of the South Korean company's efforts to secure a stable supply ...

Korea silicon anode materials makers to see quantum leap in demand

The global silicon-based anode materials market is gathering momentum as demand is expected to outpace supply on increasing production of electric v...