[카테고리:] Steel & Materials

Market: KOSPI (005490) Brokerage : Hana Securities Analyst : Sung-bong Park, Seung-gyu Kim (RA) Investment Rating : BUY (Maintained) Target Price : 740,000 KRW (Maintained) Core Momentum : Following the recognition of heavy one-off charges in 4Q, the deconsolidation of Zhangjiagang upon sale completion and synchronized subsidiary earnings normalization are projected to drive an immediate…

Read More “[Research] POSCO Holdings (005490/PKX) – Hana Securities | One-off Loss Removal · Subsidiary Turnaround · 1Q Earnings Normalization / 2026-01-30” »

Market: KOSPI (005490) Brokerage : Hanwha Investment & Securities Analyst : Jiwoo Kwon Investment Rating : Buy (Maintained) Target Price : 490,000 KRW (Maintained) Core Momentum : Following the preemptive recognition of over 400B KRW in one-off charges in 4Q, a robust earnings turnaround is projected to gain momentum from 2Q, supported by 1H steel…

Read More “[Research] POSCO Holdings (005490/PKX) – Hanwha Investment & Securities | One-off Loss Kitchen Sink · Steel Price Hikes · Lithium Volume Scaling / 2026-01-30” »

Market: KOSPI (005490) Brokerage : Shinhan Securities Analyst : Gwang-rae Park, Seunghun Han Investment Rating : BUY (Maintained) Target Price : 400,000 KRW (Maintained) Core Momentum : Favorable base effects following the removal of one-off construction charges, restored steel pricing power under extended anti-dumping duties, and narrowing lithium losses via higher utilization are projected to…

Read More “[Research] POSCO Holdings (005490/PKX) – Shinhan Securities | Low Base Effects · Anti-Dumping Protection · Lithium Utilization Recovery / 2026-01-16” »

Market: KOSPI (005490) Brokerage : Mirae Asset Securities Analyst : Kiryong Kim, Yoojin Choi Investment Rating : BUY (Maintained) Target Price : 430,000 KRW (Maintained) Core Momentum : Following the 4Q operational trough, 2026 earnings are projected to normalize significantly, supported by steel spread expansion driven by customer inventory depletion following hot-rolled anti-dumping measures, lithium…

Read More “[Research] POSCO Holdings (005490/PKX) – Mirae Asset Securities | Hot-Rolled Anti-Dumping Price Hikes · Lithium Ramp-up Normalization · Global Investment Visibility / 2026-01-13” »

Market: KOSPI (005490) Brokerage : Hanwha Investment & Securities Analyst : Jiwoo Kwon Investment Rating : Buy (Maintained) Target Price : 490,000 KRW (Maintained) Core Momentum : Driven by the earnings normalization of POSCO E&C moving past heavy annual losses, the divestment of the unprofitable Zhangjiagang entity, and Senex expansion contributions, group earnings are projected…

Read More “[Research] POSCO Holdings (005490/PKX) – Hanwha Investment & Securities | Subsidiary Turnaround Base Effect · Zhangjiagang Divestment · Progressive Earnings Recovery / 2026-01-08” »

Market: KOSPI (005490) Brokerage : Yuanta Securities Analyst : Hyunsoo Lee Investment Rating : BUY (M) (Maintained) Target Price : 440,000 KRW (Maintained) Core Momentum : With low-priced import pressures dissipating post-anti-dumping (AD) actions and customer procurement activities resuming, product price hikes exceeding raw material inflation are projected to drive an earnings and trust recovery…

Read More “[Research] POSCO Holdings (005490/PKX) – Yuanta Securities | Post-AD Price Hikes · Raw Material Cost Pass-Through · Restoring Trust in 2026 / 2026-01-05” »

Market: KOSPI (005490) Brokerage : Hana Securities Analyst : Sung-bong Park, Seung-gyu Kim (RA) Investment Rating : BUY (Maintained) Target Price : 740,000 KRW (Maintained) Core Momentum : Moving past 4Q headwinds, 1Q steel spread expansion driven by provisional anti-dumping tariffs on Chinese/Japanese hot-rolled steel and price hikes for automotive/shipbuilding steel, alongside rising lithium utilization,…

Read More “[Research] POSCO Holdings (005490/PKX) – Hana Securities | Provisional Tariffs · Steel ASP Pass-Through · 2026 Earnings Turnaround / 2026-01-02” »