Independent coverage

POSCO in Brazil: the billion-real default, on one page

A curated dossier of national and international coverage on POSCO Engineering's bankruptcy filing in Ceará and its implications.

Estimated liability
R$ 1,1 bi
R$ 1.100.000.000,00
against just
Declared account balance
R$ 109
R$ 109,00
30
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22
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Creditors' own record · SÃO PAULO, Jul 27, 2026

Creditors protest outside the South Korean delegation's hotel during state visit

Suppliers from Ceará left unpaid by POSCO Engenharia's bankruptcy gathered with bilingual banners during President Lee Jae Myung's state visit to Brazil.

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Press coverage

Verified headlines from Brazilian, international and South Korean outlets.

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