Yi Hyun Soo's questions to Posco Holdings Inc (PKX) leadership • Q2 2025
Question
Yi Hyun Soo from Yuanta Securities noted that H1 steel sales volume was lower than expected and asked if a higher volume is anticipated in H2, especially with the Finex #3 plant restarting. He also questioned the Rechargeable Battery Materials (RBM) business, pointing out the absence of a recent 'Value Day,' significant deviations from last year's guidance, and asked for a projection on when the segment might turn a profit.
Answer
The marketing strategy lead confirmed that second-half sales volume is expected to be higher than the first half, partly due to the Finex #3 plant restarting in Q4, which will also improve energy cost efficiency. Regarding the RBM business, an executive acknowledged the guidance has changed due to market conditions and production adjustments. He projected that the nickel business would be profitable next year, but the overall RBM segment's operating profit timeline remains dependent on fluctuating lithium prices.