POSCO Group announced on the 21st that it would donate 2 billion won for disaster recovery from the heavy rainfall damage.

The group's affiliates, POSCO Holdings, POSCO, POSCO INTERNATIONAL, POSCO E&C, POSCO FUTURE M, and POSCO DX, made grants. POSCO Group will donate the funds to the National Disaster Relief Association.

Chairman Jang In-hwa of POSCO Group holds the 57th regular shareholders' meeting of POSCO Holdings at the POSCO Center in Seoul on March 20, 2025. /Courtesy of POSCO Group

The funds are expected to be used for emergency relief in areas affected by the heavy rainfall, recovery efforts, and providing essential supplies and housing safety for disaster victims, the company stated.

Jang In-hwa, chairman of POSCO Group, said, "I hope this will help the recovery and return to normalcy in areas severely affected by the heavy rainfall."

POSCO Group also donated 2 billion won for disaster recovery following the Yeongnam forest fire damage in March this year.

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