The project represents a total investment of approximately US$5.8 billion, with POSCO contributing around US$580 million in equity financing through its newly established subsidiary, POSCO Louisiana. .
Under the disclosed plan, the investment will be made through POS-Louisiana, a newly established local subsidiary of POSCO... Investment structure and timeline According to the filing, POSCO's investment will be made by the end of 2027.
South Korean steelmaker POSCO has successfully restarted FINEX furnace No ... For POSCO and its customers, this restart marks a crucial step toward full operational normalization in late 2025.
South Korea’s POSCO has agreed to acquire a 20% stake in Hyundai Steel’s new steel mill in the US, according to the Maeil Business Newspaper... POSCO received 25.3 billion yen ($237.5 billion won) from the September sale of its shares in Nippon.
According to POSCO's announcement on December 14, the No ... POSCO immediately began repair work, including redesigning the old facilities and preparing materials and equipment ... FINEX is a process developed in-house by POSCO.
POSCOFuture M has decided to build a lithium iron phosphate (LFP) plant dedicated to supplying cathode materials for batteries used in energy storage systems (ESS) ... POSCO Future M will also convert some NCM prod .
POSCO has resumed operations at its No ... The No. 3 FINEX facility produces molten iron using the FINEX process developed in-house by POSCO ... POSCO has been operating the No. 3 FINEX facility since 2014 ... .
Subsidiary companyPOSCO 's material business matters to report ... POSCO HOLDINGS will establish a wholly-owned SPC (POS-Louisiana, tentative), which will subsequently invest 20% of Hyundai SteelLouisianaLLC shares ... POSCO ... POSCO Holdings Inc.