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The Latest Breaking News from POSCO

‘A structural dependence on heavy industry’: can South Korea wean itself off fossil fuels?

Renewables face a bureaucratic maze in a country built on top-down and carbon-intensive development

The Guardian - UK

Global consortium led by Australia’s BlueScope weighs takeover of embattled Whyalla steelworks

South Australian premier says more than 15 national and international parties have passed final EOI phase

The Guardian - AU

Trump Tariffs Loom Large In South Korea's 'Steel City'

Smoke billows from chimneys as factories churn in South Korea's steelmaking heartland, now under threat from Washington's swingeing new tariffs on the port city's largest export.

International Business Times

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read the most diverse news in one place.

'Police to bring Yediyurappa from Delhi for questioning in POSCO case': Karnataka Home Minister

The BJP has alleged a conspiracy by the Congress in the case to divert attention from a corruption case involving Minister B Nagendra. Read further on Dynamite News:

Dynamite News

Australian hydrogen in demand as South Korean manufacturers look to reach renewable energy target by 2050

As South Korea edges closer to being solely powered by renewables come 2050, the manufacturing industries of Australia's third-largest trading partner believe hydrogen gas is the answer to help reach its target.

ABC News

South Korea hints at compensating ex-Japan labourers via fund; victims decry

The South Korean government unveiled a plan on Thursday to compensate victims of Japan's wartime forced labour through its own public foundation - instead of using funds from Japanese companies - prompting backlash from victims and their families.

Reuters

South Korea plans fund to compensate forced labor victims

South Korean officials are considering creating a domestic fund to compensate Koreans who were enslaved by Japanese companies before the end of World War II, as they desperately try to repair relations with Tokyo that have deteriorated in recent years over historical grievances

The Independent UK

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Tech counties boomed in pandemic, new data shows

The pandemic was an economic boon for the nation’s tech centers last year, but the tide already has turned as consumers’ demand for remote work software, delivered food and streaming entertainment subsides.

Tribune News Service

Explainer-How South Korea's trucker strike could paralyse critical supply chains

The second mass strike by unionised truckers in South Korea in less than six months on Thursday has the potential to cripple supply chains in an export-driven economy which is the world's 10th-largest.

Reuters

South Korea truckers strike again, manufacturing supply chain at risk

Unionised truckers in South Korea kicked off their second major strike in less than six months on Thursday, threatening to disrupt manufacturing and fuel supplies for industries from autos to petrochemicals in the world's 10th-largest economy.

Reuters

S. Korea braces for supply disruptions as trucker strike looms

South Korea said on Wednesday it would consider deploying military trucks for urgent transport as it prepares for a planned strike by truckers that is stoking fears over the nation's post-pandemic recovery and global supply chains.

Reuters

Feds urge Qld to open up more gas fields

The federal government is calling for more Queensland gas fields to open up, as mining magnate Gina Rinehart partners with a steel giant to invest $1 billion.

AAP

Striking S.Korean truckers say they may block coal to power plant

Striking South Korean truckers are considering blocking shipments of coal to a power plant if the government rejects their demands for minimum pay guarantees, a senior trade union official said on Monday.

Reuters

POSCO Holdings: A Stable Dividend Stock to Invest In

POSCO Holdings (PKX), a South Korean manufacturer and seller of steel rolled products and plates, has maintained stable dividend payout growth over the past few years. So, amid a volatile market, we think, investing in the dividend stock of fundamentally sound PKX could prove profitable. Read on.

StockNews.com

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The Hindu

Activists allege police brutality near proposed Odisha steel project site

₹65,000 crore greenfield integrated 13.2 million MTPA steel plant has received environmental clearance

Asharq Al-Awsat

Saudi PIF Signs MoU to Develop Green Hydrogen Production

The Saudi Public Investment Fund (PIF), POSCO and Samsung C&T Corporation Engineering & Construction Group (Samsung C&T) announced on Tuesday the signing of a three-party MoU with the goal of developing a project to produce green hydrogen for export. The MoU was signed during the Saudi-Korean Investment Forum held in…

The Hindu

Explained | Why land for another steel plant in Odisha is making news

Villagers are opposing industrial project, which they say will destroy their livelihood

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