POSCO Holdings Reports Q3 2026 Financial Results and Strategic Updates

POSCO Holdings said its core steel business recovered in Q3 2026, with quarterly operating profit reaching the 400 billion won range, while its battery materials segment recorded losses amid lower lithium prices. The company reduced net debt by 4.3 trillion won, lowering its debt ratio by 6.7 percentage points. It completed a second lithium plant in Argentina with annual capacity of 25,000 tons and agreed to acquire shale gas assets from Chord in Pennsylvania, expanding its upstream supply chain and energy portfolio.