Posco becomes first steelmaker inducted into World Steel Dynamics Hall of Fame

Korea's steel-to-battery-materials conglomerate, Posco Group, announced Thursday that it has become the first global steelmaker to be permanently inducted into the hall of fame by World Steel Dynamics, a prominent US-based steel industry consultancy.
The recognition was awarded to Posco Holdings during the Global Steel Dynamics Forum held Wednesday in New York.
The event was attended by key industry leaders, including Posco Group Chair Chang In-hwa, US Steel CEO David Burritt, Cleveland-Cliffs Chair Lourenco Goncalves and Tata Steel CEO T.V. Narendran, along with around 500 industry officials.
The hall of fame honor recognizes Posco's achievement of ranking first in WSD's global competitiveness assessment for 15 consecutive years since 2010.
The consultancy evaluates 35 steelmakers worldwide based on 23 key performance indicators, including technological innovation, production output, cost efficiency and financial soundness.
"Maintaining the No. 1 position in overall competitiveness for 15 years is by no means a short journey. I express my heartfelt gratitude for the dedication and hard work of all Posco members," Chang said.
"I believe this hall of fame induction reflects the support and encouragement of the global steel industry."
During his visit to New York, Chang shared Posco's vision to enhance its global leadership and promote Korea–US cooperation in manufacturing, focusing on artificial intelligence and the energy sector.
At the forum, he presented the group's strategy to evolve into a leading future-oriented materials company, highlighting initiatives such as developing AI-powered smart factories.
The previous day, Chang also participated in a roundtable hosted by The Korea Society, a nonprofit organization dedicated to promoting cooperation between Korea and the US. There, he discussed topics including Korea–US collaboration in steelmaking, secondary battery materials and energy, in the context of rising geopolitical uncertainty, the company said.

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Korea's steel-to-battery-materials conglomerate, Posco Group, announced Thursday that it has become the first global steelmaker to be permanently inducted into the hall of fame by World Steel Dynamics, a prominent US-based steel industry consultancy. The recognition was awarded to Posco Holdings during the Global Steel Dynamics Forum held Wednesday in New York. The event was attended by key industry leaders, including Posco Group Chair Chang In-hwa, US Steel CEO David Burritt, Cleveland-Cliffs Chair Lourenco Goncalves and Tata Steel CEO T.V. Narendran, along with around 500 industry officials. The hall of fame honor recognizes Posco's achievement of ranking first in WSD's global competitiveness assessment for 15 consecutive years since 2010. The consultancy evaluates 35 steelmakers worldwide based on 23 key performance indicators, including technological innovation, production output, cost efficiency and financial soundness. "Maintaining the No. 1 position in overall competitiveness for 15 years is by no means a short journey. I express my heartfelt gratitude for the dedication and hard work of all Posco members," Chang said. "I believe this hall of fame induction reflects the support and encouragement of the global steel industry." During his visit to New York, Chang shared Posco's vision to enhance its global leadership and promote Korea–US cooperation in manufacturing, focusing on artificial intelligence and the energy sector. At the forum, he presented the group's strategy to evolve into a leading future-oriented materials company, highlighting initiatives such as developing AI-powered smart factories. The previous day, Chang also participated in a roundtable hosted by The Korea Society, a nonprofit organization dedicated to promoting cooperation between Korea and the US. There, he discussed topics including Korea–US collaboration in steelmaking, secondary battery materials and energy, in the context of rising geopolitical uncertainty, the company said.

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Guided by nature, guests are immersed in greenery, texture, and tone that celebrate Melbourne and create an urban sanctuary where the city feels like an island retreat. Thoughtful details like shower timers and operable windows in 85% of the rooms make mindful living effortless, without compromise. The sustainable ethos continues outside. The adjacent Seafarers Rest Park offers 3,500 square meters of native-planted green space. Created in accordance with the Yarra River Protection Principles, the park enhances biodiversity and public access to the waterfront while honoring the site's maritime history. It's part of a broader vision to make the North Wharf precinct a more livable, walkable, and inclusive destination. 1 Hotel Melbourne also invites guests to explore the city mindfully: The property is just steps from iconic arts, culture, and sporting venues and has direct access to Melbourne's free tram line. For guests who want to explore by car, the Audi Electric Vehicle Experience takes them around in a complimentary fully electric Audi Q6 e-tron. A New Kind of Stay 1 Hotel Melbourne is built on the idea that where you stay should reflect how you want to live: with style and purpose. It's not just about checking in, it's about tuning in to the city, to nature, and to what truly matters. For more information, visit or follow @ ABOUT 1 HOTELS As a mission-driven luxury lifestyle hotel brand inspired by nature, 1 Hotels cultivates the best of sustainable design and architecture, together with extraordinary comfort and an unrivaled level of service. With properties among some of the first to receive the prestigious MICHELIN Key distinction, 1 Hotels is inspired by a simple idea: those who travel the world should also care about it. It is, after all, 1 world. 1 Hotels launched in 2015 with the opening of exclusive properties in Miami's South Beach and Manhattan's Central Park, followed by Brooklyn, located on the East River in February 2017; West Hollywood on Sunset Boulevard in June 2019; Sanya (China) in 2020; Toronto in 2021; San Francisco and Nashville in 2022; in 2023, the Hanalei Bay (Kauai) flagship property and Mayfair (London), the brand's first European property; and Seattle and Melbourne (Australia) in 2025. The brand is expanding with properties under development in Cabo San Lucas (Mexico), Paris, Elounda Hills (Crete), Austin (Texas), Copenhagen, Riyadh (Saudi Arabia), and San Miguel de Allende (Mexico). Additional information can be found at ABOUT STARWOOD HOTELS Starwood Hotels, an affiliate of global private investment firm Starwood Capital Group, is a sustainable hotel brand management company that operates 1 Hotels, a nature-inspired lifestyle brand that launched in 2015 with properties in South Beach (Miami) and Manhattan and now includes Brooklyn Bridge (New York City), West Hollywood (Los Angeles), Sanya (China), Toronto, San Francisco, Nashville, the Hanalei Bay (Kauai) flagship property, the brand's first European property in Mayfair (London), Seattle, and Melbourne (Australia), with projects in development in Cabo San Lucas (Mexico), Paris, Elounda Hills (Crete), Austin (Texas), Copenhagen, Riyadh (Saudi Arabia), and San Miguel de Allende (Mexico); Baccarat Hotels & Resorts, a luxury brand that made its debut in March 2015 with the opening of its flagship property in New York, with projects under development in Rome, Florence, Dubai, Riyadh (Saudi Arabia), Brickell (Miami), and Maldives; and Treehouse Hotels, which premiered in London in 2019 and now includes Manchester (UK) and Silicon Valley (California), with projects under development in Brickell (Miami), Adelaide (Australia), and Riyadh (Saudi Arabia). Leveraging its marketing, design, operational and technological expertise, Starwood Hotels is the force behind some of the most groundbreaking and dynamic hotel brands in the world. Additional information can be found at ABOUT RIVERLEE Riverlee is a Melbourne based, privately owned property group specializing in development and asset ownership and management across the commercial, residential, and retail sectors. Established in 1993, Riverlee is known for delivering visionary projects that lead the industry, both creatively and commercially, while always honoring the region's heritage, environment, and community.