{"slug":"posco-holdings","name":"POSCO홀딩스","name_en":"POSCO Holdings","ticker":"005490.KS","updated_at":"2026-07-12T04:41:41.652115+00:00","canonical":"https://valuechain.wiki/posco-holdings","same_as":["https://finance.yahoo.com/quote/005490.KS","https://finance.naver.com/item/main.naver?code=005490"],"citable":"밸류체인 그래프 기준 POSCO홀딩스의 직접 연결 기업은 7곳(관계 기준 공급 0·매출 7·투자 1)이고, 사슬을 2차까지 넓히면 9곳에 닿는다. 링크의 근거 출처는 10건이며 그중 1차공시가 7건이다 (valuechain.wiki, 2026-07-12 기준).","citable_en":"Per the valuechain.wiki graph, POSCO Holdings is directly linked to 7 companies (0 supply, 7 revenue, 1 investment relationships) and reaches 9 companies within two hops; the links are backed by 10 dated sources, 7 of them primary filings (as of 2026-07-12).","kicker":"코스피 · 철강·배터리소재 · 리튬 수직계열 지주","kicker_en":"KOSPI · Steel & battery materials · Lithium vertical-integration holding","lead":"POSCO홀딩스는 철강과 이차전지소재를 두 축으로 하는 복합 지주회사다. 주력은 여전히 철강으로 포스코 별도 매출이 35조원대이며, 신사업인 리튬은 아르헨티나 옴브레무에르토 염호와 호주 필바라 광석을 원료로 수산화리튬을 만들어 그룹 양극재사 포스코퓨처엠에 공급한다. 2025년 연결 매출은 약 69조원, 영업이익은 1조8270억원이다.","lead_en":"POSCO Holdings is a holding company built on two pillars: steel and rechargeable-battery materials. Steel remains the core, with POSCO's standalone revenue in the mid-KRW 30 trillion range, while its newer lithium business turns Argentine brine (Hombre Muerto) and Australian Pilbara ore into lithium hydroxide supplied to group cathode maker POSCO Future M. FY2025 consolidated revenue was about KRW 69 trillion with operating profit of KRW 1.827 trillion.","segments":{"fy":2025,"parts":[{"desc":"포스코 별도 매출 35조110억원(FY2025). 그룹 최대 사업","name":"철강 (주력)"},{"desc":"아르헨티나 염호+호주 필바라 광석 기반 수산화리튬 연 6.8만톤 캐파. 페로니켈 기반 황산니켈","name":"이차전지소재(리튬·니켈, 신사업)"},{"desc":"발전·인프라 등 그룹 사업","name":"에너지·기타"}],"total":"연결 매출 약 69조950억원, 영업이익 1조8270억원, 순이익 5040억원","source":"https://kind.krx.co.kr/common/disclsviewer.do?acptno=20260311002434&docno=&method=search","concentration":"철강이 주력, 리튬·니켈은 확장 중인 신사업. 아르헨티나 리튬은 2024~25년 상업생산 진입"},"segments_en":{"fy":2025,"parts":[{"desc":"POSCO standalone revenue KRW 35.01tn (FY2025), the group's largest business","name":"Steel (core)"},{"desc":"68,000 tons/yr lithium hydroxide capacity from Argentine brine and Australian Pilbara ore; nickel sulfate from ferronickel","name":"Rechargeable-battery materials (lithium/nickel, new)"},{"desc":"Power, infrastructure and other group businesses","name":"Energy and others"}],"total":"Consolidated revenue about KRW 69.1tn, operating profit KRW 1.827tn, net profit KRW 504bn","source":"https://kind.krx.co.kr/common/disclsviewer.do?acptno=20260311002434&docno=&method=search","concentration":"Steel is the core; lithium and nickel are the expanding new business, with Argentine lithium entering commercial production in 2024-25"},"returns_yearly":{"2021":13.9,"2022":19.9,"2023":43,"2024":-37.3,"2025":38.3,"2026":-8.8},"return_asof":"2026-07-10","value_chain":{"leading":[{"slug":"honda-motor","name":"혼다","name_en":"Honda Motor","tier":3,"returns_yearly":{"2021":25.8,"2022":-0.8,"2023":62.2,"2024":-8,"2025":10,"2026":-1.2}},{"slug":"general-motors","name":"제너럴 모터스","name_en":"General Motors","tier":3,"returns_yearly":{"2021":40.8,"2022":-42.4,"2023":7.9,"2024":49.8,"2025":54.2,"2026":-3.8}},{"slug":"hyundai-motor-company","name":"현대차","name_en":"Hyundai Motor Company","tier":3,"returns_yearly":{"2021":-16.7,"2022":-4.7,"2023":16.2,"2024":12.3,"2025":158.8,"2026":-7.8}},{"slug":"tesla","name":"Tesla","name_en":"Tesla","tier":3,"returns_yearly":{"2021":49.8,"2022":-65,"2023":101.7,"2024":62.5,"2025":11.4,"2026":-9.3}},{"slug":"toyota","name":"Toyota Motor Corporation","name_en":"Toyota Motor Corporation","tier":3,"returns_yearly":{"2021":58.1,"2022":-13.4,"2023":63,"2024":1.8,"2025":21.8,"2026":-18.2}},{"slug":"samsung-sdi","name":"삼성SDI","name_en":"Samsung SDI","tier":2,"returns_yearly":{"2021":-19,"2022":15.8,"2023":-45.7,"2024":-40.2,"2025":75.7,"2026":11.3}},{"slug":"lg-energy-solution","name":"LG에너지솔루션","name_en":"LG Energy Solution","tier":2,"returns_yearly":{"2023":-26.9,"2024":-7.6,"2025":13.1,"2026":-18.1}},{"slug":"lg-electronics","name":"LG전자","name_en":"LG Electronics","tier":1,"returns_yearly":{"2021":-16.2,"2022":-20.9,"2023":-5.8,"2024":-9.5,"2025":19.2,"2026":85.5}},{"slug":"hyosung-heavy-industries","name":"효성중공업","name_en":"Hyosung Heavy Industries","tier":1,"returns_yearly":{"2021":-21.5,"2022":36.8,"2023":143,"2024":164.5,"2025":482.9,"2026":12.3}},{"slug":"hd-hyundai-heavy-industries","name":"HD현대중공업","name_en":"HD Hyundai Heavy Industries","tier":1,"returns_yearly":{"2022":11.4,"2023":3.2,"2024":172.6,"2025":86.9,"2026":-11.8}},{"slug":"hd-korea-shipbuilding-offshore-engineering","name":"HD한국조선해양","name_en":"HD Korea Shipbuilding & Offshore Engineering","tier":1,"returns_yearly":{"2021":-15.2,"2022":-0.1,"2023":42.6,"2024":104.4,"2025":84,"2026":-16}},{"slug":"samsung-heavy-industries","name":"삼성중공업","name_en":"Samsung Heavy Industries","tier":1,"returns_yearly":{"2021":-11.6,"2022":11.8,"2023":26.3,"2024":78,"2025":126.4,"2026":-24.1}},{"slug":"posco-future-m","name":"포스코퓨처엠","name_en":"POSCO Future M","tier":1,"returns_yearly":{"2021":-17.7,"2022":97.6,"2023":16.3,"2024":-43.6,"2025":56.5,"2026":-32}},{"slug":"hanwha-ocean","name":"한화오션","name_en":"Hanwha Ocean","tier":1,"returns_yearly":{"2021":-24.9,"2022":25.6,"2023":9.6,"2024":160.6,"2025":142.1,"2026":-41.3}}],"benefiting":[{"slug":"posco-future-m","name":"포스코퓨처엠","name_en":"POSCO Future M","tier":1,"returns_yearly":{"2021":-17.7,"2022":97.6,"2023":16.3,"2024":-43.6,"2025":56.5,"2026":-32}}],"analysis":"투자 논점은 성숙한 철강 캐시카우 위에 리튬 수직계열이라는 성장 옵션을 얹은 복합 지주라는 구조다. 주력은 여전히 철강으로 포스코 별도 매출이 35조원(FY2025)이고, 자동차·건설·조선(삼성중공업·한화오션·HD현대)과 AI 그리드용 방향성 전기강판(GOES, 효성중공업향)까지 판재 수요가 넓다 — 특히 변압기 슈퍼사이클이 GOES를 통해 상류 철강 프리미엄으로 전이되는 통로가 새로 열렸다. 신사업 리튬은 아르헨티나 염호+호주 필바라 광석을 수산화리튬(캐파 연 6.8만톤)으로 가공해 그룹 양극재사 포스코퓨처엠에 연 2~3만톤을 공급하는 수직계열의 핵심 고리로, 2024~25년 상업생산에 진입했다. 위험은 철강 마진이 중국 공급과잉·원료탄·철광석 가격에 눌리고, 리튬은 가격 급락 사이클에서 신사업 수익성이 크게 흔들린다는 점이다.","analysis_en":"The thesis is a conglomerate holding that layers a lithium vertical-integration growth option on top of a mature steel cash cow. Steel remains the core, with POSCO standalone revenue of KRW 35tn (FY2025) and broad flat-steel demand across autos, construction and shipbuilding (Samsung Heavy, Hanwha Ocean, HD Hyundai) plus grain-oriented electrical steel (GOES, to Hyosung Heavy) for AI grids — a newly opened channel through which the transformer supercycle transmits into upstream steel premium via GOES. The new lithium business processes Argentine brine and Australian Pilbara ore into lithium hydroxide (68,000 t/yr capacity), supplying group cathode maker POSCO Future M 20,000-30,000 t/yr as the key link of vertical integration, having entered commercial production in 2024-25. Risks are steel margins pressed by Chinese oversupply and coking-coal/iron-ore prices, and lithium's new-business profitability swinging sharply in price-crash cycles.","analysis_asof":"2026-07-10"},"edges":[{"direction":"revenue","counterparty":"철강 고객 (자동차·건설·조선 등)","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"KRW","as_of":"2026-01-29","basis":"포스코 별도 철강 매출","value":35011000000000,"period":"FY2025","basis_en":"POSCO standalone steel revenue"},"note":"그룹 최대 사업인 철강의 매출. 포스코 별도 매출이 FY2025 35조110억원으로, 자동차·건설·조선 등 광범위한 산업에 판매한다.","note_en":"Revenue from steel, the group's largest business. POSCO's standalone FY2025 revenue was KRW 35.01tn, sold across autos, construction, shipbuilding and more.","sources":[{"stance":"confirms","publisher":"포스코그룹 뉴스룸","publisher_en":"POSCO Newsroom","kind":"ir","lang":"ko","published_at":"2026-01-29","url":"https://newsroom.posco.com/kr/%ED%8F%AC%EC%8A%A4%EC%BD%94%ED%99%80%EB%94%A9%EC%8A%A4-2025%EB%85%84-%EC%8B%A4%EC%A0%81-%EB%B0%9C%ED%91%9C%EC%B2%A0%EA%B0%95%C2%B7%EC%97%90%EB%84%88%EC%A7%80-%EC%82%AC%EC%97%85-%EA%B2%AC/","title":"포스코홀딩스, 2025년 실적 발표","title_en":"POSCO Holdings announces 2025 results","excerpt":"철강부문 포스코 별도 매출은 35조110억원으로 전년 대비 6.8% 감소했으나 원가 혁신으로 영업이익은 1조7800억원으로 20.8% 늘었다.","excerpt_en":"Steel-segment standalone revenue was KRW 35.01tn, down 6.8% year on year, while operating profit rose 20.8% to KRW 1.78tn on cost innovation."}]},{"direction":"revenue","counterparty":"LG전자 (철강 공급)","counterparty_slug":"lg-electronics","confidence":"high","metric":{"type":"amount","unit":"KRW","value":1541500000000,"period":"FY2025 LG전자향 Steel"},"note":"LG전자 가전 철판물용 강재(Steel)를 공급 — FY2025 약 1조5,415억원 규모.","note_en":"Supplies steel for LG Electronics' appliance sheet metal — ~KRW 1,541.5bn in FY2025.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"DART (FSS)","kind":"filing","lang":"ko","published_at":"2026-03-13","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260313000662","title":"LG전자 사업보고서 (제24기, FY2025)","title_en":"LG Electronics business report (24th term, FY2025)","excerpt":"LG전자 HS+ES Steel 매입처 ㈜포스코","excerpt_en":"POSCO is LG Electronics' HS+ES steel supplier"}]},{"direction":"revenue","counterparty":"포스코퓨처엠","counterparty_slug":"posco-future-m","confidence":"high","metric":{"type":"count","unit":"톤","as_of":"2024-11-29","basis":"포스코퓨처엠향 수산화리튬 공급(2만~3만톤)","value":20000,"period":"연간","basis_en":"Lithium hydroxide supply to POSCO Future M (20,000-30,000 tons)"},"note":"그룹 리튬 공급망(포스코필바라리튬솔루션 등)이 양극재사 포스코퓨처엠에 수산화리튬을 연 2만톤을 시작으로 최대 3만톤 공급한다. 수직계열화의 핵심 고리다.","note_en":"The group's lithium chain (POSCO Pilbara Lithium Solution and others) supplies lithium hydroxide to cathode maker POSCO Future M, starting at 20,000 tons and up to 30,000 tons a year, the key link in its vertical integration.","sources":[{"stance":"confirms","publisher":"한국거래소 KIND","publisher_en":"KRX KIND","kind":"filing","lang":"ko","published_at":"2026-03-11","url":"https://kind.krx.co.kr/common/disclsviewer.do?acptno=20260311002434&docno=&method=search","title":"POSCO홀딩스 사업보고서","title_en":"POSCO Holdings business report","excerpt":"사업보고서가 그룹 양극재사(포스코퓨처엠)향 수산화리튬 공급을 기재. 리튬 캐파 6.8만톤.","excerpt_en":"The business report records lithium hydroxide supply to the group cathode maker (POSCO Future M); 68kt lithium capacity."},{"stance":"confirms","publisher":"포스코그룹 뉴스룸","publisher_en":"POSCO Newsroom","kind":"ir","lang":"ko","published_at":"2024-11-29","url":"https://newsroom.posco.com/kr/%ED%8F%AC%EC%8A%A4%EC%BD%94%ED%99%80%EB%94%A9%EC%8A%A4-%EA%B5%AD%EB%82%B4-%EC%88%98%EC%82%B0%ED%99%94%EB%A6%AC%ED%8A%AC-%EC%83%9D%EC%82%B0%EA%B3%B5%EC%9E%A5-%EC%A2%85%ED%95%A9-%EC%A4%80%EA%B3%B5/","title":"포스코홀딩스, 국내 수산화리튬 생산공장 종합 준공","title_en":"POSCO Holdings completes domestic lithium hydroxide plant","excerpt":"포스코필바라리튬솔루션은 그룹 양극재사 포스코퓨처엠에 수산화리튬을 연간 2만톤을 시작으로 최대 3만톤 공급할 예정이며, 아르헨티나 염수 2.5만톤과 광석 4.3만톤을 합쳐 연 6.8만톤 생산능력을 갖췄다.","excerpt_en":"POSCO Pilbara Lithium Solution will supply cathode maker POSCO Future M with lithium hydroxide starting at 20,000 and up to 30,000 tons a year, with 68,000 tons total capacity combining 25,000 tons of Argentine brine and 43,000 tons of ore."},{"stance":"confirms","publisher":"포스코그룹 뉴스룸","publisher_en":"POSCO Newsroom","kind":"ir","lang":"en","published_at":"2023-11-29","url":"https://newsroom.posco.com/en/securing-critical-mineral-lithium-to-complete-the-full-value-chain-of-the-rechargeable-battery-material-business/","title":"Securing Critical Mineral Lithium to Complete the Full Value Chain of the Rechargeable Battery Material Business","title_en":"Securing Critical Mineral Lithium to Complete the Full Value Chain of the Rechargeable Battery Material Business","excerpt":"포스코는 아르헨티나 염수와 호주 필바라 광석에서 리튬을 확보해 수산화리튬으로 가공하고 이를 이차전지 양극재 원료로 그룹 양극재 사업에 공급한다.","excerpt_en":"POSCO secures lithium from Argentine brine and Australian Pilbara ore, processes it into lithium hydroxide, and supplies it as cathode material for the group's rechargeable-battery cathode business."}]},{"direction":"cost","counterparty":"원료탄(석탄) (비공개)","counterparty_slug":null,"confidence":"high","metric":null,"note":"고로 제철에 쓰는 원료탄(제철용 석탄). 대부분 수입하며 공급사·단가는 비공개.","note_en":"Coking coal used in blast-furnace steelmaking, mostly imported, with suppliers and prices undisclosed.","sources":[{"stance":"mentions","publisher":"한국거래소 KIND","publisher_en":"KRX KIND","kind":"filing","lang":"ko","published_at":"2026-03-11","url":"https://kind.krx.co.kr/common/disclsviewer.do?acptno=20260311002434&docno=&method=search","title":"POSCO홀딩스 사업보고서","title_en":"POSCO Holdings business report","excerpt":"사업보고서는 원료탄 등 제철 원료의 매입과 가격 변동성을 원가 요인으로 기술한다.","excerpt_en":"The filing describes procurement of coking coal and other steelmaking inputs and their price volatility as cost factors."}]},{"direction":"investment","counterparty":"포스코퓨처엠","counterparty_slug":"posco-future-m","confidence":"high","metric":null,"note":"POSCO홀딩스가 그룹 양극재·음극재사 포스코퓨처엠의 최대주주인 지주회사다.","note_en":"POSCO Holdings is the holding company and largest shareholder of group cathode and anode maker POSCO Future M.","sources":[{"stance":"confirms","publisher":"한국거래소 KIND","publisher_en":"KRX KIND","kind":"filing","lang":"ko","published_at":"2026-03-11","url":"https://kind.krx.co.kr/common/disclsviewer.do?acptno=20260311002434&docno=&method=search","title":"POSCO홀딩스 사업보고서","title_en":"POSCO Holdings business report","excerpt":"사업보고서상 POSCO홀딩스가 포스코퓨처엠을 포함한 그룹사를 지배하는 지주회사로 기재돼 있다.","excerpt_en":"The filing lists POSCO Holdings as the holding company controlling group affiliates including POSCO Future M."}]},{"direction":"cost","counterparty":"철광석 (비공개)","counterparty_slug":null,"confidence":"high","metric":null,"note":"제철 주 원료인 철광석. 호주·브라질산 수입 의존도가 크며 공급사·단가는 비공개.","note_en":"Iron ore, the main raw material for steelmaking; heavily imported from Australia and Brazil, with suppliers and prices undisclosed.","sources":[{"stance":"mentions","publisher":"한국거래소 KIND","publisher_en":"KRX KIND","kind":"filing","lang":"ko","published_at":"2026-03-11","url":"https://kind.krx.co.kr/common/disclsviewer.do?acptno=20260311002434&docno=&method=search","title":"POSCO홀딩스 사업보고서","title_en":"POSCO Holdings business report","excerpt":"사업보고서는 제철 원료인 철광석·원료탄의 매입 구조와 원자재 가격 변동의 영향을 다룬다.","excerpt_en":"The filing covers procurement of iron ore and coking coal for steelmaking and the impact of raw-material price swings."}]},{"direction":"revenue","counterparty":"삼성중공업 (조선용 강재·후판)","counterparty_slug":"samsung-heavy-industries","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"삼성중공업 사업보고서에 주요 강재·후판 매입처로 명시.","note_en":"Named as a principal steel/plate supplier in Samsung Heavy's annual report.","sources":[{"stance":"confirms","publisher":"금융감독원 DART","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-03-12","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260312001037","title":"삼성중공업 사업보고서 (2025.12)","title_en":"Samsung Heavy Industries annual report (FY2025)","excerpt":"삼성중공업 주요 원재료 매입처로 POSCO 명시.","excerpt_en":"POSCO named as a principal raw-material supplier to Samsung Heavy."}]},{"direction":"revenue","counterparty":"한화오션 (선박용 후판·강재)","counterparty_slug":"hanwha-ocean","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"한화오션 사업보고서에 선박용 후판·강재 매입처로 명시.","note_en":"Named as a ship-plate/steel supplier in Hanwha Ocean's annual report.","sources":[{"stance":"confirms","publisher":"금융감독원 DART","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-03-11","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260311004557","title":"한화오션 사업보고서 (2025.12)","title_en":"Hanwha Ocean annual report (FY2025)","excerpt":"한화오션 철판(후판) 매입처로 포스코 명시.","excerpt_en":"POSCO named as a steel-plate supplier to Hanwha Ocean."}]},{"direction":"revenue","counterparty":"효성중공업 (방향성 전기강판)","counterparty_slug":"hyosung-heavy-industries","confidence":"mid","metric":{"material":"GOES"},"note":"변압기 슈퍼사이클의 수혜가 상류 철강으로 전이되는 통로 — 포스코는 변압기 철심용 방향성 전기강판(GOES)을 효성중공업 등 국내 중전기 업체에 공급한다. AI 데이터센터·그리드 교체로 변압기 수요가 급증하며 GOES는 타이트한 고부가 강종으로 부상, 포스코의 프리미엄 판재 수요를 떠받친다.","note_en":"The channel through which the transformer supercycle's benefit flows upstream to steel — POSCO supplies grain-oriented electrical steel (GOES) for transformer cores to Hyosung Heavy and other Korean heavy-electrical makers. As AI data centers and grid replacement surge transformer demand, GOES has become a tight, high-value grade underpinning POSCO's premium flat-steel demand.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"DART (Financial Supervisory Service)","kind":"filing","lang":"ko","published_at":"2026-03-23","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260323001004","title":"효성중공업 제8기 사업보고서 (2025.12)","title_en":"Hyosung Heavy Industries FY2025 Annual Business Report (DART)","excerpt":"효성중공업 강판 주요 매입처에 포스코 명시(방향성 전기강판).","excerpt_en":"POSCO named among Hyosung Heavy's key steel suppliers (grain-oriented electrical steel)."}]},{"direction":"revenue","counterparty":"리튬·니켈 대외 고객 (이차전지소재, 비공개)","counterparty_slug":null,"confidence":"mid","metric":null,"note":"아르헨티나 염호 리튬 상업생산으로 그룹 외 이차전지 소재 고객에게도 리튬·니켈을 공급하는 신사업. 개별 고객·규모는 비공개.","note_en":"With Argentine brine lithium in commercial production, a new business also supplying lithium and nickel to battery-material customers beyond the group; individual clients and volumes undisclosed.","sources":[{"stance":"mentions","publisher":"포스코그룹 뉴스룸","publisher_en":"POSCO Newsroom","kind":"ir","lang":"ko","published_at":"2026-01-29","url":"https://newsroom.posco.com/kr/%ED%8F%AC%EC%8A%A4%EC%BD%94%ED%99%80%EB%94%A9%EC%8A%A4-2025%EB%85%84-%EC%8B%A4%EC%A0%81-%EB%B0%9C%ED%91%9C%EC%B2%A0%EA%B0%95%C2%B7%EC%97%90%EB%84%88%EC%A7%80-%EC%82%AC%EC%97%85-%EA%B2%AC/","title":"포스코홀딩스, 2025년 실적 발표","title_en":"POSCO Holdings announces 2025 results","excerpt":"아르헨티나 리튬광산이 상업생산 단계에 진입해 출하량을 늘리고 있으며, 호주 리튬광산 지분 인수분은 하반기부터 수익에 기여할 예정이다.","excerpt_en":"The Argentine lithium mine has entered commercial production and is raising shipments, and the acquired Australian lithium stake will start contributing to earnings from the second half."}]},{"direction":"revenue","counterparty":"HD현대중공업 (선박용 후판·강재)","counterparty_slug":"hd-hyundai-heavy-industries","confidence":"mid","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"HD현대중공업에 선박용 후판·강재 공급.","note_en":"Supplies ship plate and steel to HD Hyundai Heavy.","sources":[{"stance":"mentions","publisher":"금융감독원 DART","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-03-20","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260320000859","title":"HD현대중공업 사업보고서 (2025.12)","title_en":"HD Hyundai Heavy Industries annual report (FY2025)","excerpt":"포스코가 HD현대중공업에 선박용 후판 공급.","excerpt_en":"POSCO supplies ship plate to HD Hyundai Heavy."}]},{"direction":"revenue","counterparty":"HD한국조선해양 (연결 선박용 후판)","counterparty_slug":"hd-korea-shipbuilding-offshore-engineering","confidence":"mid","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"HD현대 조선 3개 야드에 선박용 후판 공급.","note_en":"Supplies ship plate to HD Hyundai's three yards.","sources":[{"stance":"mentions","publisher":"금융감독원 DART","publisher_en":"FSS DART","kind":"filing","lang":"ko","published_at":"2026-03-20","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260320001032","title":"HD한국조선해양 사업보고서 (2025.12)","title_en":"HD Korea Shipbuilding annual report (FY2025)","excerpt":"포스코가 HD한국조선해양 계열에 선박용 후판 공급.","excerpt_en":"POSCO supplies ship plate to the HD Korea Shipbuilding group."}]}]}