POSCO says no decisions yet on Cleveland-Cliffs MOU talks on business structure, investment size
PKX•POSCO Holdings said it has made no concrete decisions on a potential U.S. investment tied to its MOU with Cleveland-Cliffs. Talks cover business structure and investment size; POSCO set a re-disclosure deadline of Sept. 29, 2027, or earlier if specifics are decided.
1. Talks remain undecided
POSCO Holdings said it has not made concrete decisions on a potential U.S. investment tied to an MOU with Cleveland-Cliffs. Discussions cover business structure and investment size as part of a push to expand in the U.S. market through “overseas end-to-end” investment. The statement responded to a Maeil Business Newspaper report dated Dec. 5, 2025. POSCO set a re-disclosure deadline of Sept. 29, 2027, or earlier if specifics are decided.
