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POSCO to focus on green mobility in business restructuring efforts
Posted : 2021-04-01 16:48
Updated : 2021-04-01 16:53
POSCO Chairman Choi Jeong-woo speaks during a ceremony to mark the opening of Park1538 in Pohang, North Gyeongsang Province, Wednesday, a day before POSCO s 53rd anniversary. The city is where the steel giant s business first began. Courtesy of POSCO
Nation s leading steelmaker marks 53th anniversary
By Yi Whan-woo
POSCO Chairman Choi Jeong-woo stressed green vehicles and alternative fuels, Thursday, as the nation s largest steelmaker is gearing up to restructure its businesses.
In a message to mark POSCO s 53th anniversary, Choi said such restructuring will be crucial for the conglomerate to shift from its steel-oriented business model and cope with global industrial trends characterized by low-carbon and eco-friendly business practices.