POSCO Holdings Shifts Toward Low Carbon Steel
Steel products accounted for 68.2% of the company's total sales.
The holding company for the POSCO group operates as a portfolio developer for future businesses, managing 199 consolidated subsidiaries as of the end of the first half of 2026. The company focuses on expanding its reach into renewable energy and future mobility markets while building raw material supply chains for carbon reduction at steelworks.
Steel remains the primary business driver, representing 68.2% of total sales. To counter prolonged economic slowdowns, the company plans to accelerate a transition toward a portfolio centered on high-profit and low-carbon products. This strategy includes enhancing core competitiveness through the advancement of intelligent factories.
The company is also building a supply chain for battery materials, including lithium, nickel, and graphite. Recent activities include the development of a graphite mine in Tanzania and the acquisition of lithium brine rights in Argentina,. The company intends to focus on securing strategic resources and internalizing core process technologies to prepare for a new growth phase in battery materials.
Beyond materials, the company is pursuing digital and AI transformations to improve the competitiveness of its business entities. This includes seeking opportunities in automation, unmanned operations, and robotics within management and manufacturing sectors.
Risk management is centralized within the finance department. The company utilizes natural hedges to manage currency risks by prioritizing the use of foreign currency income for foreign currency expenditures. This approach addresses exposure to currencies such as the USD, JPY, CNY, and EUR.