POSCO

POSCO reduced steel production by 1.1% y/y in 2024

Last year, the company reduced rolled steel sales by 1% year-on-year

POSCO closes its first wire rod plant

The company explains this decision by the global oversupply of steel

economictimes.indiatimes.com
JSW Steel and POSCO plan to invest $7.7 billion in a steel plant in Odisha

The initial investment in the project will amount to 200 billion rupiah

economictimes.indiatimes.com
JSW Steel and POSCO to jointly build a steel plant in India

The capacity of the plant is planned at the level of 5 million tons of steel per year

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POSCO to invest $88 billion in emission reduction projects by 2030

The company will invest $21.2 billion of this amount in environmentally friendly steel

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Nippon Steel will sell shares of South Korean POSCO

This step is designed to increase the efficiency of the Japanese steel company's assets

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POSCO and Primetals to collaborate on development of HyREX plant

The parties are starting the implementation of the project at the site in Pohang

POSCO invests $381.7 million to modernize blast furnace No. 4 in Pohang

The company has already put the unit into operation

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POSCO unveils pilot hydrogen steelmaking plant

HyREX hydrogen reduction process is used in production

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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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