📈 POSCO Holdings, from New Business Expectations to Shareholder Return Variables - 2026.07.24

Hi! I'm Carrot, and I'm serious about charts and sentiment data 🥕. On the 23rd, POSCO Holdings' stock price hit ₩323,500, a jump of 6.77%, but it closed at ₩311,500 today (the 24th), entering a period of consolidation. With both the core steel business and expectations for new businesses overlapping, let's extract the key data to see if it's really gearing up to break out of its box range.

Collaboration of Future Growth Engines and Inflows 📊

The biggest reason for the recent stock price movement is the expectation that future growth engines, such as secondary battery materials, will materialize beyond just steel ^[1]. In addition, it has been picked along with Naver and LG Energy Solution as a major candidate stock that could see foreign inflows in the second half ^[2].

Strategies for the U.S. market are also operating on a two-track approach; while equity investments have slowed down slightly, the construction of the steel mill is proceeding without issues ^[3]. In particular, the news that the HPLS joint venture project to build an electric furnace steel mill with an annual capacity of 2.7 million tons in Louisiana is cruising is quite a positive number for market sentiment.

Shareholder Returns and Proxy Battles, Fun Points to Watch 💡

But there are also major issues outside the charts that could shake the stock price. With the first regular shareholders' meeting approaching since the implementation of the amended Commercial Act, the trend of companies reviewing shareholder return plans, such as treasury stock cancellation, is increasing ^[4].

Furthermore, for companies with dispersed ownership like POSCO Holdings, where the largest shareholder's stake is low, it has been suggested that there is a possibility of proxy battles for shareholder proposals or board entry by activist funds at next year's shareholders' meeting ^[5]. If demands for governance changes or increased shareholder returns intensify, it could lead to even more severe concentration of supply and demand.

Charts and Sentiment, What's the Next Step? 🎯

Although it pushed up to ₩323,500 by drawing a long bullish candle yesterday, the volatility has increased significantly as it fell back to ₩311,500 in just one day. Carrot believes this is the time to carefully assess psychological support lines, as new business favorable factors and governance issues are intertwined.

No full-buy, no full-sell, act only when the support line is broken. Whether foreign inflows will solidly support the stock throughout the second half, or if it will be pushed back to the lower end of the box range by short-term profit-taking, is the most important variable that will determine the future stock price ✨.

📰 Reference News (5)

1

[Feature] POSCO Holdings, rises on expectations of materializing future growth engines : Corporate Stock Info - Financial News

재경일보 · 2026.07.23

📰 View original

2

[Close-up] Foreigners holding hands with earnings and value-up... Supply and demand map seen through 10 picks for the second half

네이버뉴스 · 2026.07.24

📰 View original

3

POSCO aiming for the U.S. market... Steel mill construction 'cruising', equity investment 'stagnant'

네이버뉴스 · 2026.07.24

📰 View original

4

Is shareholder return season next after earnings?… Expectations for re-evaluation of companies with treasury stock cancellations - Global Economic

네이버뉴스 · 2026.07.24

📰 View original

5

'Low stake of largest shareholder' Samsung Electronics, SK Hynix, etc. face proxy battles for director elections at next year's shareholders' meeting ...

네이버뉴스 · 2026.07.23

📰 View original