South Korean steelmakers eye U.S. production, higher-value products as Trump tariffs kick in [Yahoo! Finance Canada]
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 Canada
SEOUL/SYDNEY (Reuters) - Two major South Korean steelmakers are considering their investment options in new facilities as major producers worldwide brace for increased tariffs on U.S. steel and aluminium imports that came into force on Wednesday. The options include investment in operations in the U.S., they said, although no final decisions had been made. U.S President Donald Trump's action to bulk up protection for American steel and aluminium producers restores effective global tariffs of 25% on all imports of the metals and extends the duties to hundreds of downstream products made from the metals, from nuts and bolts to bulldozer blades and soda cans. The countries most affected by the tariffs are Canada, the biggest foreign supplier of steel and aluminium to the U.S., Brazil, Mexico and South Korea, which all have enjoyed some level of exemptions or quotas. "We plan to focus more on high-value-added products and enhance our technological capabilities to produce existing
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News
- POSCO (NYSE:PKX) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- POSCO (NYSE:PKX) was downgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c-)" rating to a "sell (d+)" rating.MarketBeat
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- POSCO (NYSE:PKX) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Posco, Factorial collaborate on next-gen battery materials [Yahoo! Finance]Yahoo! Finance
PKX
Sec Filings
- 12/19/25 - Form 6-K
- 12/16/25 - Form 6-K
- 12/12/25 - Form 6-K
- PKX's page on the SEC website