POSCO
Latest News
Air Liquide to Invest US$350 Million to Strengthen Footprint, Support Hyundai-POSCO Green Facility
22 April 2026 - Air Liquide announced it has entered a contract with Hyundai-POSCO Louisiana LLC (HPLS) to supply oxygen, nitrogen and argon for the new green steel facility in Louisiana and will invest over US$350 million to create an air separation unit (ASU) in St. James Parish, La., USA.
POSCO, JSW Steel Move Ahead With Landmark India Steel Project
20 April 2026 - POSCO announced it will move forward with JSW Steel to jointly build an integrated steel plant in Odisha, India, reported Business Korea.
Hyundai Steel, Fives Sign Contract to Develop Advanced Coil Finishing Lines for New U.S. Flat Steel Mill
08 April 2026 - Fives Group announced it has signed a contract with Hyundai Steel to design and supply advanced coil finishing lines for automotive steel applications, supporting construction of a new flat steel mill in the U.S. by Hyundai-POSCO Louisiana Steel.
Cleveland-Cliffs: POSCO Partnership Discussions Ongoing
12 February 2026 - Cleveland-Cliffs Inc.’s chairman and chief executive officer remains confident that ongoing discussions with South Korean steelmaker POSCO will successfully culminate with an agreement on a strategic partnership.
POSCO Continues Divestment From Nippon Steel
18 December 2025 - POSCO Holdings is moving to sell all its remaining shares in Nippon Steel, building on a partial divestment earlier this year, according to Business Korea.
POSCO to Invest US$582 Million in Hyundai Steel’s Louisiana Steel Mill
17 December 2025 - POSCO will invest US$582 million for a 20% stake in Hyundai Steel’s new electric arc furnace plant in Louisiana, according to GMK Center.
BHP, POSCO to Collaborate on Direct Reduction Tech
03 November 2025 - Iron ore miner BHP has signed a memorandum of understanding (MoU) with South Korea’s POSCO to work together on advancing POSCO’s hydrogen reduction ironmaking technology.
Cleveland-Cliffs, POSCO Developing Strategic Partnership
30 October 2025 - Cleveland-Cliffs Inc. on Thursday revealed that is moving to establish a strategic partnership with POSCO, South Korea’s largest steelmaker.
POSCO Group, JSW Steel Partner to Assess Indian Integrated Steel Plant
18 August 2025 - POSCO Group and JSW Steel have signed a nonbinding heads of agreement (HoA) to look into setting up an integrated steel plant in India.
BlueScope Leads Consortium to Participate in Whyalla Steelworks Sale Process
04 August 2025 - BlueScope announced that it has entered into a collaboration agreement with Nippon Steel Corp., JSW Steel Ltd. and POSCO to form a consortium to explore the possible options for the Whyalla Steelworks assets in Australia.
Steelmaking Remains Its Focus, But It’s Time to Dive Into Production of Other Materials, Says POSCO Chairman
18 June 2025 - Competition in steelmaking, and a desire to better serve its home market, is prompting South Korea’s largest steel producer to invest more than US$670 million in its rechargeable battery materials operations.
Hyundai Motor Group and POSCO to Expand Partnership in Steel and Battery Markets
21 April 2025 - Hyundai Motor Group announced it has signed a memorandum of understanding (MoU) with POSCO Group to expand their cooperation in both the steel and battery sectors.
Danieli Wins Order for Electromagnetic Stirrer
08 January 2025 - POSCO has decided to install a Danieli Rotelec multi-mode electromagnetic mold stirrer (EMS) at its Gwangyang Works in South Korea.
JSW Steel, POSCO to Explore Building Integrated Mill in India
29 October 2024 - JSW Group and POSCO have signed a framework agreement that could lead to the development of a 5-million-metric-ton integrated mill in India along with investments in battery materials and renewable energy.
Nippon Steel to Sell Stake in POSCO
24 September 2024 - Nippon Steel Corp. will divest its US$823 million stake in South Korea’s POSCO Holdings Inc., a move that it says will “improve asset efficiency through asset compression.”
POSCO Electrical Steel Plant Enters Service
03 January 2024 - POSCO has wrapped up the first phase of construction on a US$767 million non-oriented electrical steel plant, The Korea Times reports.
POSCO Plans to Go All in on H2 Ironmaking
27 November 2023 - South Korean steel giant POSCO plans to shift entirely to hydrogen-reduced iron production by 2050, reports BusinessKorea.
POSCO, Nippon Steel Acquire Stake in Canadian Met Coal Miner
14 November 2023 - Canadian miner Teck Resources Ltd. has agreed to sell its metallurgical coal business to a group led by Glencore plc through a deal valuing the business at around US$9 billion.
POSCO, HBIS Open JV Galvanizing Plant
23 October 2023 - A joint venture between South Korea’s POSCO and China’s HBIS Group is starting up a new galvanized sheet facility in China, reports The Korea Times.
POSCO Recovers Investment in Australian Iron Ore Operation
10 October 2023 - In 2010, POSCO announced a plan to join the Roy Hill iron ore mining project in Australia, an investment that at the time was the company’s largest ever investment in raw materials. The move was criticized by shareholders on grounds that wildly fluctuating ore prices made it too risky of an investment.
