US6934831099 - ADR - Premarket: 62.84 -0.18 (-0.29%)
NYSE:PKX (2/1/2023, 7:04:00 PM)+1.11 (+1.79%)
|GICS Industry||Metals & Mining|
|Earnings (Last)||01-27 2023-01-27/amc||Earnings (Next)||04-24 2023-04-24/amc|
|Ins Owners||N/A||Inst Owners||3.48%|
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POSCO Holdings Inc. engages in the production of steel products. The company is headquartered in Seoul, Seoul and currently employs 36,619 full-time employees. The firm operates its business through four segments. The Steel segment produces and sells steel products such as hot rolled steel, cold rolled steel, stainless steel, among others. The Trading segment engages in the global trade, including the export and import of steel products. The Engineering and Construction (E&C) segment plans, designs and builds industrial plants, civil engineering projects, commercial and residential buildings. The Other segment is engaged in the power plants, information and communication related services and other businesses.
POSCO HOLDINGS INC -SPON ADR
Posco Center, 440, Teheran-ro, Gangnam-gu
Seoul SEOUL 6194
CEO: Choi Jeong-Woo
Posco Chemical (PKX) said Monday it won a 40T won order (~$32.6B) from Samsung SDI to supply cathode materials for electric vehicle batteries during the 2023-32 decade
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SEOUL, South Korea, April 28, 2022 /PRNewswire/ -- On April 28, 2022, POSCO HOLDINGS INC. (NYSE: PKX) filed its Annual Report on Form 20-F for the...
The resumption of construction, manufacturing, and industrial activities caused steel demand to surge and enabled an industry rebound last year. China’s production cuts to reduce its carbon emissions, followed by a significant decline in its exports, led to a supply crunch worldwide and pushed steel prices higher last year. The situation benefitted steel producers in other countries. But unfortunately, the war between Russia and Ukraine, two significant exporters of iron ore and steel products, has been raising new concerns about the global steel supply, driving steel prices higher.
December is when analysts and banks issue their extensive stock market outlook and winning stocks for the new year.
Because the shares of United States Steel (X) fell in price recently after the company warned of a slowdown, we think it could be wise to avoid fundamentally weak steel stocks Nucor (NUE), POSCO (PKX), and Tenaris (TS) now. Read on.
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