POSCO Group has taken steps to strengthen its global leadership by presenting next-generation manufacturing innovation strategies and exploring Korea-US cooperation in AI and energy at the Global Steel Dynamics Forum in New York.
On June 18 (local time), Jang In-hwa, Chairman of POSCO Group, attended the Global Steel Dynamics Forum organized by the world-renowned steel analysis institution World Steel Dynamics (WSD). He outlined POSCO's strategy to evolve into a future materials company. The forum attracted approximately 500 industry participants, including CEOs from prominent steel companies such as US Steel, Cleveland Cliffs, and Tata Steel.
In a significant highlight of the event, POSCO Holdings was the first steel company to be permanently inducted into the Hall of Fame operated by WSD. This recognition comes as POSCO has ranked as the world's most competitive steelmaker for 15 consecutive years since 2010, acknowledged for its technological prowess, productivity, cost competitiveness, and resource acquisition capabilities.
Chairman Jang emphasized, "Maintaining the top position for 15 years was possible thanks to the dedication of all our employees. This induction marks the beginning of new challenges, and POSCO will lead the future of manufacturing through AI-based smart factories and eco-friendly technologies like hydrogen reduction steelmaking."
Before the forum, on June 17, Chairman Jang participated in a roundtable hosted by The Korea Society, a private organization aimed at enhancing Korea-US cooperation. The roundtable explored collaboration possibilities in AI and energy between the two nations.
The event was attended by experts in AI, geopolitics, and energy, including former US Ambassador to South Korea Kathleen Stephens, Korea Society President Thomas Byrne, Professor Jay Lee from the University of Maryland, and American Energy Association President Mark Menezes. Attendees discussed cooperation directions for key industries such as steel and secondary battery materials amid geopolitical risks surrounding global supply chain restructuring and energy security.
The discussion also covered practical manufacturing field innovation strategies, including the creation of the Industrial Large Knowledge Model (ILKM) and the integration of AI into the manufacturing sector through robot automation.
Chairman Jang has been actively pursuing global strategies focused on steel and secondary battery materials, having attended the World Steel Association Executive Committee in Australia, visited gas fields and resource development sites, and participated in the opening of Ultium CAM, a secondary battery materials plant in Canada, and the launch of a critical resources research center in Australia.
POSCO Group aims to solidify its enhanced position in the global market by leveraging AI-based technological capabilities and sustainability.
