[Featured Stock] What Happened to Posco Steelion? Surges 29.25% Early in Trading

POSCO Steelion surged sharply in early trading.

As of 9:31 AM on the 17th, POSCO Steelion was trading at 61,000 KRW on the KOSPI market, up 13,600 KRW (29.25%) from the previous trading day.

POSCO Steelion acquired 11,000 common shares on the market from the 28th of last month to the 11th of this month.

POSCO Steelion was established on February 15, 1988, and listed its shares on the Korea Exchange KOSPI market on August 16, 2002.

It has a total of eight production lines: two plating lines and four color lines domestically, and one plating line and one color line overseas.

Since January 2010, it has established a dedicated research organization. It conducts research and development activities in collaboration with POSCO and RIST through industry-academic cooperation.