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Posco's operating profit spikes 364% in third quarter

Posco, the world’s fifth-largest steelmaker by output, reported record high sales and earnings in the third quarter.

2021-10-13

Posco hosts first HyIS, a forum on green steelmaking

Posco is hosting a three-day forum held to discuss ways to reduce greenhouse gas emissions in steelmaking.

2021-10-06

Posco HY Clean Metal breaks ground on battery recycling plant

Posco HY Clean Metal on Thursday broke ground on a 120 billion won ($101.3 million) secondary battery recycling plant in Yulchon Industrial Complex in South Jeolla.

2021-09-30

Big Biz forms hydrogen council

A group of big Korean business groups are banding together to promote the transition to hydrogen-based energy, pledging a combined 43 trillion won ($36.9 billion) of investment to make it happen.

2021-09-08

Talking shop

Posco Chairman Choi Jeong-woo, left, and GS Group Chairman Heo Tae-soo meet at GS Tower in Gangnam, southern Seoul, on Tuesday.

2021-09-07

Posco’s carbon neutrality plans set it apart

Posco’s plan to achieve carbon neutrality by 2050 is noteworthy as a positive example in the worldwide steel industry, a group of global institutional investors said.Climate Action 100+ and Institutional Investors Group on...

2021-08-30

Disinfecting robots part of agreement between SK Telecom, Posco

SK Telecom and Posco signed a business agreement on Friday that will allow the two companies’ workplaces to be safer through the use of automated machines and artificial intelligence (AI) programming, the two companies said on Sunday. According ...

2021-08-29

Posco gets major hike in price of its steel plate

Posco concluded negotiations over steel plate prices with major shipbuilders earlier this week, according to local media reports, and agreed on a price of around 1.1 million won ($950) per ton, a jump of almost 60 percent.

2021-08-25

Posco and KHNP sign deal to produce electricity from hydrogen

Posco has partnered with Korea Hydro & Nuclear Power (KHNP) for the generation of electricity from hydrogen.

2021-08-12

Posco's net jumps despite higher costs, beats expectations

Posco reported 1.81 trillion won ($1.6 billion) in consolidated net profit in the second quarter, up more than 1,700 percent on year.

2021-07-22

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