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POSCO tightens belt to counter slump in steel, battery markets

POSCO Group executives will start returning up to 20 percent of their wages this month under the leadership of Chairman Chang In-hwa, as part of group-wide efforts to reduce costs amid a slowdown in the global steel and battery industries, the company said Monday. ....

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New POSCO chairman plans to visit business sites for first 100 days

Chang In-hwa, the new chairman of POSCO Group, embarked on a 100-day initiative to visit a number of the company s production sites and meet with employees as he believes that the key to becoming a top-tier firm lies in the workplace and its employees, the steel and battery maker said Sunday. ....

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