StockWatch
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Steel/Iron Ore
RegulatoryJun 10, 2026, 06:08 AM

POSCO E&C Reports Fatal Industrial Accident; Work Suspended

AI Summary

POSCO HOLDINGS' subsidiary, POSCO E&C, reported a serious industrial accident on June 9, 2026, at its Shinansan Line Section 3-2, resulting in one fatality. The accident involved a fall from height during electrical work preparation, with the cause still under investigation. Following the incident, the Seoul Regional Employment and Labor Office issued a partial work suspension order for vertical cable lining operations in the affected section.

Key Highlights

  • A serious industrial accident occurred at POSCO E&C's Shinansan Line Section 3-2 on June 9, 2026.
  • The accident involved a fall from height during electrical work preparation in a vertical shaft.
  • The incident resulted in one fatality and zero injuries.
  • The cause of the fall has not yet been identified.
  • Site inspections were completed by police and the Ministry of Employment and Labor.
  • The Seoul Regional Employment and Labor Office issued a partial work suspension order for vertical cable lining operations.
  • Accident prevention measures are being developed to prevent recurrence.