Korea Investment & Securities forecasted on the 9th that "POSCO Holdings will enter a re-rating phase as the performance of the secondary battery materials industry becomes visible from the second quarter."
Choi Moon-sun, a researcher at Korea Investment & Securities, stated in a report related to POSCO Holdings on the same day, "Last year, the performance of the secondary battery sector was minimal, causing the stock price to rise sharply and then be adjusted," and expressed optimism that "this year, as the performance of the secondary battery sector becomes visible, stock price revaluation will reoccur."
Researcher Choi diagnosed, "In the second quarter of this year, the first phase of POSCO Argentina brine lithium with a scale of 25,000 tons and the first phase of POSCO Pilbara Lithium Solutions reaching 43,000 tons are scheduled to be completed," adding, "The time when plans become reality is imminent."
He also predicted, "In the first quarter of this year, due to the simultaneous downturn in the global economy and the steel industry, performance is expected to fall short of consensus forecasts," but anticipated that "from the second quarter, as steel raw material prices stabilize and steel product price increases become full-scale, the steel business will recover from its slump."
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