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• Posco upgrades benefit sharing incentives for business partners

  South Korea’s largest steelmaker Posco will be upgrading its benefit sharing system, expanding oppo...h Win survey a sealed hot air drying facility. (Posco) Posco plans to expand the opportunity to mor...

• Posco to invest W1tr in fostering aspiring startups

  South Korea’s largest steelmaker Posco said Tuesday it plans to invest 1 trillion won ($838 million...x and the remainder will be used for the fund. Posco CEO Choi Jeong-woo (Posco) “The best way to d...

• KITA sets up advisory panel on trade in Washington

  ...d South Korea. The inauguration ceremony was attended by a delegation of 16 businesses including Posco, Seah Steel and Hyundai Motor, along with KITA Chairman Kim Young-ju. The attendees included Ter...

• Korea’s top 500 companies list welcomes 38 new players

  ...racker CEO Score, Samsung Electronics retained the No. 1 spot and Hyundai Motor No. 2. Meanwhile, Posco came in at No. 3, bumping LG Electronics down to No. 4. At the same time, chipmaker SK hynix an...

• Dongkuk Steel to inject $150m into Brazilian steel mill

  ...rcent share in Companhia Siderurgica do Pecem steel mill, while South Korea’s leading steelmaker, POSCO, and Brazil-based mining giants Vale S.A. have 20-percent and 50-percent shares, respectively, i...

• Ministry postpones ESS fire probe report, industry suffers setback

  ...trial Systems, which produce power converters, one of the key parts of ESS facilities, as well as Posco, KT and LG CNS, which recently jumped into the ESS market. If the probe is prolonged, the indus...

• Posco pursues eco-friendly business with steel byproducts

  ...its byproducts can be, South Korean steel giant Posco said Monday, citing its application of slag an...lograms of byproduct is produced, mostly slag. Posco’s Triton is installed for marine life conserva...

• Korean steelmakers expect bleak Q1 earnings

  ...rding to corporate tracker FnGuide, the market consensus forecast the nation’s largest steelmaker Posco would see operating profit fall 22 percent to reach 1.1 trillion won ($962 million) in the first...

• S. Korea’s firms see exports drop, banks enjoy earnings boost in 2018

  ...ily on Seoul’s export-dependent economy. Petrochemicals and battery maker LG Chem and steelmaker Posco also saw their yearly net profit slip 24.9 percent and 36.4 percent on-year, respectively. “Loc...

• S. Korean shares end higher on trade deal hopes

  ...79,000 won, top carmaker Hyundai Motor climbed 2.02 percent to 126,000 won and leading steelmaker POSCO gained 1.29 percent to 275,000 won. Samsung Electronics, however, fell 0.21 percent to 46,850 ...