Quarterly ResultMay 29, 2026, 06:13 AM
POSCO HOLDINGS Q1 2026 Sales KRW 30.68T; Operating Income KRW 1.49T
AI Summary
POSCO HOLDINGS INC. reported Q1 2026 total sales of KRW 30,677,066 million and an operating income of KRW 1,490,900 million. While the steel segment faced subdued demand and a year-on-year decline in global crude steel production, the company maintained strong operational performance in its core steel business. The Rechargeable Battery Materials segment recorded an operating loss, but the company continues strategic expansion in this area, alongside efforts in decarbonization and AI transformation across its operations.
Key Highlights
- Q1 2026 Total Sales reached KRW 30,677,066 million.
- Q1 2026 Total Operating Income was KRW 1,490,900 million.
- Steel segment reported Q1 sales of KRW 14,964,225 million and operating income of KRW 345,183 million.
- Rechargeable Battery Materials segment recorded Q1 sales of KRW 978,834 million but an operating loss of KRW 6,797 million.
- Global crude steel production declined year-on-year in Q1 2026 due to global tightening and sluggish demand.
- Iron ore prices increased 1% QoQ to $97/ton in Q1 2026.
- Coal prices rose 17% QoQ to $235/ton in Q1 2026 due to tight supply.
- Nickel prices surged 17% to $17,356/ton in Q1 2026, driven by Indonesian policy and supply instability.
Price Impact
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