POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, 06194
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form40-F ☐
Suspension of Production
(Disclosure of POSCO HOLDINGS' Subsidiary Company POSCO)
1. Suspended production operations
POSCO Steel Plant in Pohang
2. Details of production suspension
Sales amount affected by suspension of production (KRW)
14,822,346,804,301
Sales of the latest
fiscal year (KRW)
35,822,193,924,624
Ratio to sales (%)
41.4
3. Details of production suspension
Steel manufacturing
4. Reasons for production suspension
Power outage due to cable damage
5. Actions to be taken
-
6. Effects of production suspension
Temporary production disruptions
7. Effective date of production suspension
December 23, 2023
8. Expected resumption date of production
December 25, 2023
9. Date of board resolution (decision date)
December 23, 2023
10. Other matters to be factored into investment decisions
- Above 2. 'Sales amount affected by suspension of production' is sales amount of Pohang plant in 2022, not the effect of sales due to production disruptions. 'Sales of the latest fiscal year' is consolidated total sales amount of POSCO in 2022.
- Regarding 8. 'Expected resumption date of production', details are as below and all the production facilities have returned to normal operation :
* Finex plants : December 23, 2023
* Blast furnace #2~3 and rolling mills of Cold-rolled, Electrical steels and Stainless : December 24, 2023
* Rolling mills of Hot-rolled, Plates, Wire rods and other production facilities : December 25, 2023.
- Above 9, 'Date of board of resolution(decision date)' is the starting date of production suspension.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
POSCO Holdings Inc. published this content on 26 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 December 2023 18:25:34 UTC.
Posco Holdings Inc, formerly Posco, is a Korea-based company principally engaged in the manufacture and distribution of steel products. The Company operates its business through four segments. The Steel segment produces and sells steel products such as hot rolled steel, cold rolled steel, stainless steel, among others. The Trading segment engages in the global trade, including the export and import of steel products. The Engineering and Construction (E&C) segment plans, designs and builds industrial plants, civil engineering projects, commercial and residential buildings. The Other segment is engaged in the power plants, information and communication related services and other businesses.
POSCO HOLDINGS INC. 
