PKX Stock Recent News

The South Korean steelmaker posted lower net profit for the first quarter, dented in part by tariffs on all steel and aluminum imports into the U.S.

Collaboration could fast-track the formation of one of the world's first commercial permanent rare earth magnet supply chains independent of China by linking Energy Fuels' emerging U.S. rare earth oxide production with POSCO's current position as a global leader in traction motor cores used in EVs and hybrid EVs sold by major OEMs. DENVER , March 17, 2025 /PRNewswire/ - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (Energy Fuels or the Company), a leading U.S. producer of uranium, rare earth elements (REE), and heavy mineral sands (HMS), today announced the signing of a strategic Memorandum of Understanding (MOU) with South Korea-based POSCO International Corporation (POSCO) that sets out the principal terms of a collaboration that, if successful, has the potential to create a new non-China REE supply chain for electric vehicle (EV) and hybrid EV drivetrains for U.S., E.U.

POSCO Holdings is undervalued, trading at less than half its tangible book value, despite consistent profitability and a strong balance sheet. The company maintains profitability during difficult steel markets through diversification, with significant potential in its battery materials business. POSCO believes it is past the worst of this steel down cycle, with expected earnings improvement in 2025 and potential growth from cost-cutting and new duties on Chinese steel.

Shares of South Korean steelmakers dropped on Monday, after U.S. President Donald Trump said he would introduce new tariffs.

POSCO Holdings Inc. (NYSE:PKX ) Q4 2024 Earnings Conference Call February 3, 2025 1:00 AM ET Company Participants Kim Jun-Hyung - Head of Finance & IR Division Yoo Jinnyoung - Head of Finance Conference Call Participants Park Hyun-Wook - Hyundai Motor Company Kim Yoon Sang - iM Securities Lee Tae-Hwan - Daishin Securities Kim Jun-Hyung Good afternoon. Thank you for joining us at POSCO Holdings Earnings Call.

These rods by POSCO convert electrical energy into thermal energy, which improves production efficiency.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

POSCO Holdings Inc. (NYSE:PKX ) Q2 2024 Earnings Conference Call July 25, 2024 2:00 AM ET Company Participants Ki-Seop Jeong - Chief Strategy Officer Conference Call Participants Park Hyun-Wook - Hyundai Motor Company Kim Yoon Sang - HI Investment Securities Eugene Lee - Eugene Securities Operator Good afternoon. Thank you for joining us for the POSCO Holdings Earnings Call for Q2 2024.

Investors interested in stocks from the Steel - Producers sector have probably already heard of Posco (PKX) and Siderurgica Nacional (SID). But which of these two stocks presents investors with the better value opportunity right now?

Korean steel giant POSCO has made a successful pivot to green material business, supplying battery parts for EV leaders like LG & Samsung. PKX has delivered 24% & 29% return over the past 1 & 5 years despite challenging growth and earnings outlook. My target price of $72 means the stock appears overvalued. I advise interested investors to watch for potential correction, especially under the currently weak macro environment.