POSCO Holdings Inc. has issued a clarification regarding recent rumors reported by the Maeil Business Newspaper about Kim Jae-Chul's bid to acquire HMM, described as a significant business ambition. The company stated that this disclosure serves as an official notice in response to those reports. Additionally, POSCO Holdings confirmed that while it has signed a memorandum of understanding with Cleveland Cliffs as part of its steel business strategy to expand into the US market, discussions on equity ownership and investment size are ongoing and no final decisions have been made. The company plans to provide further updates when specific matters are decided or within one month.
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