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In his first official briefing, the new White House spokesman mentioned Korea's intention to invest in the Alaska LNG development project and presented a specific investment size of $54 billion.
(Seoul = Yonhap News) Reporter Lim Eun-jin = Steel stocks rose on the 14th due to the new White House spokesperson's mention of Korean investment in the Alaska liquefied natural gas (LNG) development project.
According to the Korea Exchange, Daehan Steel [084010] closed at 10,000 won, up 13.77% from the previous trading day.
In addition, TCC Steel [002710] (8.50%), Next Steel [092790] (4.55%), High Steel [071090] (3.05%), and KBI Dongyang Steel Pipe [008970] (2.59%) also rose.
Previously, new White House spokeswoman Katie Zacharias mentioned in her first official briefing the day before that Korea would invest $54 billion (about 72.5 trillion won) in the Alaska LNG development project.
However, Korea is drawing a line by saying that the commercial rationality review of the Alaska LNG development project has just begun and that it has not yet decided whether to invest.
AI outlook — possibilities, not facts
Korean government will make investment decision on Alaska LNG development project
Possible · Within months

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