SEOUL, May 25, 2025 — POSCO Group announced Sunday that it will begin full operation of its first dedicated liquefied natural gas (LNG) carrier in the second half of 2025, as part of its strategy to secure a stable energy transport system and expand its presence in the global energy market. The 174,000-cubic-meter vessel, named [...]
SEOUL, May 13 (Korea Bizwire) — POSCO Group announced on Tuesday a capital injection exceeding ₩900 billion (approximately $670 million) into its key secondary battery subsidiaries, aiming to weather a temporary slump in electric vehicle (EV) demand and reinforce its position in the battery materials sector ahead of a projected market rebound. The move comes as [...]
SEOUL, Aug. 29 (Korea Bizwire) —The POSCO Group is undergoing a significant shift by relocating the control center of POSCO America from Atlanta to Washington, D.C. This strategic move, occurring after more than seven years, underscores the evolving landscape of its North American operations following the enactment of the U.S. Inflation Reduction Act (IRA). The [...]