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BackPOSCO Chairman Jang In-hwa emphasizes rapid execution at the ‘2026 POSCO Forum’
POSCO Chairman Jang In-hwa emphasizes rapid execution at the ‘2026 POSCO Forum’
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연합뉴스50 minutes agoBusiness2 min readSouth KoreaView original

POSCO Chairman Jang In-hwa emphasizes rapid execution at the ‘2026 POSCO Forum’

Quick Look

At the'2026 Foscoforum' held at the Incheon Transmission Fosco Global R&D Center on 17th, Chairman of Fosco Group said that rapid implementation in geographical overhaul and technological paradigm transformation is key to survival and should open new growth paths with bold goals and implementation.

AI-generated summary

Why It Matters

POSCO Group Chairman In-hwa In-hwa announced the 'Triple Core' strategy last July, which is a new growth strategy encompassing industrial resources (steel), strategic resources (lithium, anode and cathode materials, rare earths, etc.), and energy resources (LNG, new and renewable energy).

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Remarks at the 2026 POSCO Forum… “We must open a new path to growth”

(Seoul = Yonhap News) Reporter Shin Chang-yong = POSCO Group Chairman Jang In-hwa said on the 17th, "In a period of great change in competition, such as geopolitical reorganization and technological paradigm shifts, quick execution is the key to survival. We must first read the direction of change and find a clear answer."

Chairman Jang said this at the '2026 POSCO Forum' held at the POSCO Global R&D Center in Songdo, Incheon, and asked, "Let's open a new path to growth with bold goals and bold execution."

In addition, he presented ▲ steel localization strategy ▲ preoccupying major lithium and rare earth markets ▲ buffering role in the energy business as key tasks and emphasized, "We must apply differentiated growth logic by considering the different business environments for each business."

The POSCO Forum is a place where all executives of the group gather together to discuss future growth and innovation plans and listen to the opinions of external experts.

This year's forum will be held for two days starting today under the theme of 'Seize future value in the new competitive landscape.'

In particular, the focus was on concretizing the implementation plan of the 'triple core' strategy announced by Chairman Jang last July and deriving solutions to dominate future value. Triple Core refers to POSCO Group's new growth strategy that encompasses industrial resources (steel), strategic resources (lithium, anode and cathode materials, rare earths, etc.), and energy resources (LNG, new and renewable energy).

What to Watch

AI outlook — possibilities, not facts

  • POSCO Group will come up with a specific implementation plan for the triple core strategy.

    Likely · Within weeks

Open Questions

  • What is the specific implementation roadmap for the triple core strategy?
  • Are there any specific investment plans to dominate the lithium and rare earth markets?
  • What is the specific business model for buffering the energy business?

Related Topics

This article was originally published by 연합뉴스.

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