POSCO Holdings Reports Higher Nine-Month Revenue
Consolidated external revenue reached 56.3 trillion won in the first nine months of 2026.
POSCO Holdings, the holding company with businesses spanning steel, infrastructure and battery materials, reported consolidated external revenue of 56.3 trillion won for the first nine months of 2026, up from 52.3 trillion won a year earlier.
The group’s other segment covers the holding company and investment businesses.
Steel remained a major source of revenue. Its sales after internal revenue eliminations rose to 28.5 trillion won in the first nine months from 28.2 trillion won a year earlier. The steel business manufactures and sells products used in industries including automotive, shipbuilding and home appliances.
Trading revenue after internal eliminations rose to 21 trillion won in the first nine months from about 18.0 trillion won a year earlier. The trading business includes transactions between companies as well as power generation and resource development.
Construction revenue after internal eliminations increased to 4.62 trillion won in the first nine months from 4.05 trillion won a year earlier. The business designs and builds steelworks and related facilities, as well as commercial and residential properties.
Battery materials revenue after internal eliminations increased to 1.88 trillion won in the first nine months from 1.76 trillion won a year earlier. The segment includes lithium, nickel and battery electrode materials.
Raw materials and currencies remain sources of risk across the group. POSCO Holdings said changes in prices for iron ore, coal and lithium, as well as exchange rates, could affect profitability. Its steel subsidiary POSCO imports nearly all its raw materials from overseas, and higher input prices could hurt that business. The group said it manages currency exposure in part by using foreign-currency receipts to meet foreign-currency expenses.
For 2026, the group plans to accelerate a shift in its steel portfolio toward lower-carbon and higher-profit products and improve factory technology. In battery materials, it plans to focus on securing raw materials and strategic resources and developing key processing technology internally.
The group’s construction business expects the battery industry to regain growth over the medium to long term, supported by a recovery in the European electric-vehicle market and demand for energy storage systems in North America. POSCO Future M is expanding spherical graphite production capacity at the Saemangeum industrial complex to secure supply and is pursuing construction of an artificial graphite anode-material factory in Vietnam.
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