POSCO

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POSCO starts modernization of blast furnace No. 4 in Pohang

Investments in maintenance will amount to $385 million, and the unit will be put back into operation in June 2024

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POSCO starts construction of electric arc furnace at Gwangyang plant

The EAF is scheduled to begin operation in 2026

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POSCO is interested in a steel asset in Montenegro

Zeljezara Niksic was put on loan last December

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POSCO plans to produce all steel using hydrogen by 2050

By 2030, the steelmaker expects to complete the commercialization of the HyREX technology

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POSCO intends to support the post-war reconstruction of Ukraine

The South Korean company plans to participate in energy and infrastructure restoration projects

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POSCO to launch the production of green steel by 2030

The company plans to launch a commercial enterprise with a capacity of 1 million tons per year by 2030

POSCO is considering opening a steel plant in India

The company plans to meet the growing demand for automotive steel in the country

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POSCO and Hyundai Steel will carry out repairs at the rolling mills in the fall

Repairs are planned at the companies' facilities in Kwanyang and Tangjin

POSCO increased steel output by 4.1% q/q in Q2

Steel sales in April-June increased by 2.3% q/q

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POSCO to increase steel production to 52 million tons by 2030

The company also aims to triple consolidated operating profit

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POSCO to invest $92 billion in environmental projects by 2030

More than 60% of the budget or $56 billion will be invested in domestic enterprises, mainly in Pohang and Kwangyang

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POSCO has completed construction of a high-strength steel processing plant in China

The company plans to double sales of these products by 2027

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