POSCO Holdings Stock (NYSE: PKX) in Focus Ahead of the U.S. Open: Louisiana Green-Steel Bet, Lithium Supply Deals, and What Investors Are Watching
POSCO Holdings ADR (NYSE: PKX) traded around $53.50 premarket Friday, down about 2% on light volume ahead of the NYSE open. The move follows POSCO’s disclosure of a $582 million plan to acquire a 20% stake in Hyundai Steel Louisiana LLC, aiming to expand U.S. “green steel” operations. U.S. stock index futures pointed to a flat open amid thin, post-holiday trading.