Posco's High Capital Spending Could Limit Cash Flow Over Next Two Years -- Market Talk

Dow Jones03-16

0846 GMT - Posco Holdings' high capital expenditure and subdued operating conditions could limit cash flow improvements over the next two years, S&P Global says. The South Korean steel-making giant's operating cash flow is expected to reach 6.9 trillion won in 2026, short of the roughly 8.3 trillion won in capital spending and 900 billion won in shareholder returns, S&P says. Posco's capital expenditure could fall to 5.8 trillion won next year, while debt could widen to 17-18 trillion won in 2026-2027 from 15.8 trillion won in 2025, the global credit rating firm says. S&P lowers its long-term rating on Posco to BBB-plus from A-minus. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

March 16, 2026 04:46 ET (08:46 GMT)

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Posco's capital expenditure could fall to 5.8 trillion won next year, while debt could widen to 17-18 trillion won in 2026-2027 from 15.8 trillion won in 2025, the global credit rating firm says. S&amp;P lowers its long-term rating on Posco to BBB-plus from A-minus. 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