Tag: POSCO HyREX

“Playing solo is not an option; decarbonisation requires collaboration”

As a forward-looking business that provides engineering, plant building and lifecycle services for the metals industry, Primetals Technologies offers a broad spectrum of expertise that covers everything from integrated electrics and automation, digitalization, environmental solutions and much more. The industry front-runner has hand-picked a team of experts to lead the transition with Dr. Alexander Fleischanderl at the helm. In a riveting conversation Dr. Fleischanderl, Head of Green Steel, Primetals Technologies, elucidates why the company is a one-stop shop for all your green steel needs.

POSCO named Sustainability Champion of World Steel Association for two years...

Ten companies registered their names on the Sustainability Champions this year, and POSCO held the honor to be selected as the Sustainability Champion both last year and this year.

POSCO promotes preemptive acquisition of low-carbon steel raw materials in Australia

As part of POSCO’s strategy to achieve carbon neutrality by 2050, the company is actively engaged in activities to secure low-carbon steel raw materials in Australia.

DNV approves POSCO’s low-CO2 Greenable steel plates to build wind turbines

POSCO and DNV signed a Memorandum of Understanding for the certification of steel products applied in the wind power sector and started the certification process in March.

POSCO and Tata Steel sites achieve ResponsibleSteel certification

The sites are Pohang and Gwangyang Steelworks in South Korea operated by POSCO together with the Jamshedpur site in India operated by Tata Steel.

POSCO’s HyREX: cutting-edge green steel technology to watch out for

China, India, Japan, and South Korea’s combined production of crude steel accounted for nearly 68% of the world’s total production in 2021 as per the World Steel Association data. While most from the region kept their decarbonisation plans under wraps, in December 2020, South Korean steel giant POSCO became the first to officially declare a carbon-neutral plan by fostering the hydrogen industry.

POSCO signs agreement with Primetals Technologies to design HyREX demonstration plant

POSCO plans to achieve carbon neutrality by 2050 through its HyREX technology, a unique eco-friendly hydrogen reduction steelmaking model.

POSCO develops hydrogen reduction steelmaking to achieve net-zero by 2050

POSCO plans to enter the demonstration stage from 2025 without a pilot stage and verify HyREX technology in 2030.