POSCO Invests 858.6 Billion KRW in U.S. Affiliate
POSCO Holdings announced on December 16 that its subsidiary, POSCO, will invest approximately 858.6 billion KRW in its U.S. equity affiliate, POS-Louisiana. Following the investment, POSCO will hold a 100% stake in the company.
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POSCO Holdings stated that the purpose of this decision is "to invest in the equity of an integrated electric arc furnace steel mill in Louisiana, United States."
This content was produced with the assistance of AI translation services.
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