South Korean steelmaker Posco Group said Friday that it has established an advisory committee for artificial intelligence technology, to initiate an in-depth discussion on the latest technology and m... will each be responsible for sharing the latest AI trends, discussing the field of business that Posco can adopt and apply, as well as giving advice on business strategy and building a talented workf...

Posco said Tuesday that it will conduct a feasibility study with Brazil’s largest raw material supplier, Vale, for the possible production of hot briquette iron as part of the steel giant’s efforts t... maintained close ties for more than 40 years, with Vale supplying key materials like iron ore to Posco, the steel giant, for decades. Meanwhile, on Monday, Posco said Kobrasco, a joint venture firm ...

Posco said Friday that it has raised $1 billion by selling debts overseas, the largest corporate bond issuance by a South Korean company this year. According to the South Korean steel giant, the two...entage point for the second consecutive time to fight inflation fears. It is the first time that Posco has issued a dollar bond under a new holding company system. In March, Posco Holdings was newly ...

POSCO, South Korea's top steelmaker, said Friday that it has raised $1 billion by selling debts overseas. The two-tranche debt comprises three-year bonds worth $700 million and five-year bonds worth $300 million, according to the steelmaker. POSCO said the proceeds from the debt sale will help beef up its cash flows down the road amid rising market rates. (Yonhap)

Marking Widodo’s visit to Seoul, South Korean steelmaker Posco said it had clinched an agreement with its joint venture partner PT Krakatau Steel to cooperate in establishing a second furnace and man...ccording to the deal, the companies agreed to invest 4.6 trillion won by 2026 to the PT Krakkatau-Posco joint venture. The new furnace will increase annual crude steel production volume to above 6 mil...

Posco Chemical, a chemical materials unit of South Korean steel giant Posco, signed a deal to supply General Motors with 13 trillion won’s ($10 billion) worth of cathode materials on Thursday. Cathode materials determine the capacity and average voltage of batteries. With the deal, Posco will now supply high-nickel cathode materials, largely used as electric car batteries, to LG-GM joint ventur...

Posco International, the trading arm of Posco Group, is supplying Incheon Airport with 23,000 tons of structural steel to be used in expanding the airport’s second passenger terminal. They will be supplying curtain walls and roofing materials made with eco-friendly materials until Incheon Airport finishes the construction of Terminal 2 by 2024, according to Posco International. A curtain wall i...

South Korean steel giant Posco Group has put itself on an emergency management footing, its holding company said Sunday, as business units across the group brace for weaker profits amid an expected s.... The decision came in a Thursday meeting of Chairman Choi Jeong-woo and other top executives of Posco Group, Posco Holdings Inc. said. Posco Holdings said the group's top executives reviewed risk f...

...KB Financial Group also skidded 1.24 percent, and Shinhan Financial Group decreased 0.7 percent. Carmakers also fell, with leading carmaker Hyundai Motor falling 1.06 percent and its smaller affiliate Kia decreasing 0.74 percent. No. 1 steelmaker POSCO lost 1.08 percent. The local currency was trading at 1,312.80 won against the US. dollar, up 0.1 won from the previous session's close. (Yonhap)

... accounting for 33.5 percent of the total. Global tech titan Samsung Electronics Co.'s economic contribution was by far the biggest at 160.2 trillion won last year, up 33.5 percent from nine years earlier. Leading carmaker Hyundai Motor Co. came next with 81.6 trillion won, trailed by steel giant POSCO Holdings with 61.4 trillion won and No. 2 automaker Kia Corp. with 56.5 trillion won. (Yonhap)

... 30. In its 2011 report, the tech giant had pledged to raise female board representation to 10 percent by 2021. Figures at other major companies were even lower. Hyundai Motor, LG Electronics and Posco Holdings marked 4.0, 3.8 and 2.9 percent, respectively, while at SK Hynix and LG Display, just 2.5 percent of their board members were women. They lag far behind their global rivals. Women make ...

Posco International said Thursday that the construction of an electric vehicle parts manufacturing plant in Mexico has begun to expand its business in the fast-growing sector, the company said Thursd...ill become a leading manufacturer of motor cores in the auto industry striving to go green,” said Posco International CEO Joo Si-bo at the groundbreaking ceremony. The company has already received $4...

...nt to 56,400 won and top refiner SK Innovation slumped 5.26 percent to 171,000 won on a decline in oil prices. No. 1 automaker Hyundai Motor also dipped 2.82 percent to 172,500 won and steel giant POSCO Holdings slid 3.56 percent to 230,000 won. In contrast, top battery maker LG Energy Solution soared 2.49 percent to 370,500 won on news that it will supply batteries to Japanese commercial vehicl...

Posco Chemical on Wednesday unveiled a carbon neutrality roadmap for its battery materials business, aiming to meet RE100 standards by around 2035. It aims to replace 100 percent of the electricity i...ge process, by adopting alternative fuels or low-carbon raw materials to seek energy efficiency. Posco Chemical said the move is to proactively respond to growing calls by clients such as global auto...

...ssor at Korea University’s business school. Samsung Electronics has been pushed off its top spot by contenders in the IT industry like Naver and Kakao, food-to-entertainment giant CJ or steelmaker Posco as the most desired workplace for job-seekers since 2014, according to annual surveys by Korean online recruiting platforms Incruit and AlbaCall. Previously, from 2004 to 2013, Samsung Electronic...