By Diplomacy Journal Lee Kap-soo POSCO Group is advancing plans to build an integrated steel mill in India, a growing market with a population of 1.4 billion. On October 21, POSCO Group signed an MOU with JSW Group, India’s leading steel company, in Mumbai to collaborate on business ventures in the steel, secondary battery materials, and renewable energy sectors. Senior executives from both companies attended the signing ceremony, including POSCO Group Chairman In-hwa Chang and JSW Group Chairman Sajjan Jindal.Under the MOU, POSCO Group and JSW Group will collaborate on various business opport
By Lee Kap-soo Chairman Choi Jeong-woo of POSCO Holdings, the holding company of the POSCO Group, and attendees in the overseas board meeting are under investigation for allegedly illegally executing expenses while holding the board meeting in Canada last year. According to police on Jan. 12, the Seoul Suseo Police Department is investigating 16 people, including Chairman Choi Jeong-woo, on suspicion of breach of trust in business. Choi and others are suspected of receiving financial support from POSCO subsidiaries other than POSCO Holdings for the board meeting last year. The board of directo