Is POSCO Holdings (PKX) The Best Magnesium Stock to Buy Right Now? [Yahoo! Finance]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
US:NYSE Investor Relations:
posco.com/homepage/docs/eng5/jsp/invest/archive/s91b6010071l.jsp
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Source: Yahoo! Finance
Magnesium is a key material used in various industrial applications. Magnesium chloride is commonly utilized for deicing roads and as an ingredient in fertilizers. Beyond its industrial uses, magnesium is essential to U.S. national security, as it supports critical sectors such as aerospace, defense, and steel production. The automotive sector is one of the top magnesium consumers, owing to its lightweight properties, helping enhance fuel efficiency and vehicle performance. Top automakers have already started to use magnesium instead of steel and aluminum in several components, according to the International Magnesium Association . For example, a magnesium alloy wheel can reduce weight by 32% compared to aluminum. The shift toward light
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PKX
Sec Filings
- 3/20/25 - Form 6-K
- 3/20/25 - Form 6-K
- 3/20/25 - Form 6-K
- PKX's page on the SEC website