[SMM Steel] Punjab muncul sebagai pusat investasi utama bagi sektor baja India

According to POSCO’s Q1 2026 earnings call, the company has introduced its third interim shareholder return policy and shifted from a free-cash-flow-based approach to a more earnings-linked framework. The new policy targets a shareholder return ratio of 35%-40% of adjusted net profit attributable to controlling interests, to be delivered through a mix of cash dividends and share buybacks or cancellations. POSCO said the change is intended to improve payout visibility while balancing growth investment and shareholder returns.

Menurut laporan kinerja Q1 2026 POSCO, konflik AS-Iran yang sedang berlangsung telah mendorong kenaikan nilai tukar, harga minyak, LNG, dan biaya logistik, sehingga memberikan tekanan nyata pada margin baja. Perusahaan menyatakan bahwa meskipun volume penjualan, produksi, dan tingkat utilisasi pulih secara kuartalan, biaya pengadaan bahan baku tetap tinggi akibat gangguan terkait situasi Timur Tengah, dan tekanan biaya ini diperkirakan berlanjut hingga kuartal kedua.