POSCO Holdings is projected to post a nearly fourfold jump in Q4 operating profit, but market sentiment remains cautious amid steel market delays and one-off construction costs, with analysts highlighting the lithium business as a key driver for future revaluation.
#YonhapInfomax #POSCOHoldings #OperatingProfit #LithiumBusiness #SteelMarket #Q4Earnings #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101479
POSCO Holdings Faces Uncertainty Despite Forecasted Surge in Q4 Operating Profit
POSCO Holdings is projected to post a nearly fourfold jump in Q4 operating profit, but market sentiment remains cautious amid steel market delays and one-off construction costs, with analysts highlighting the lithium business as a key driver for future revaluation.
POSCO Holdings confirmed that its review of acquiring HMM remains at a preliminary stage with no recent progress, while emphasizing ongoing cash-driven investments and a focus on growth markets such as India and the US amid a subdued steel market outlook.
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POSCO Says HMM Acquisition Still at Preliminary Review Stage—No Recent Progress
POSCO Holdings confirmed that its review of acquiring HMM remains at a preliminary stage with no recent progress, while emphasizing ongoing cash-driven investments and a focus on growth markets such as India and the US amid a subdued steel market outlook.
Hyundai Steel reports Q1 operating loss of 19 billion won, marking second consecutive quarter in red, but beats market expectations amid challenging steel market conditions and strike impacts.
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Hyundai Steel Posts Operating Loss of 19 Billion Won in Q1, Second Consecutive Quarter in Red
Hyundai Steel reports Q1 operating loss of 19 billion won, marking second consecutive quarter in red, but beats market expectations amid challenging steel market conditions and strike impacts.
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