9,425.58 TRY BIST 100 BIST 100
38.13 USD USD USD
5.25 CNY CNY CNY
43.34 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
48.69 TRY Interest Interest
66.44 USD Fossil Oil Fossil Oil
39.72 USD Silver Silver
4.60 USD Copper Copper
98.08 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,071.20 TRY Gold (gr) Gold (gr)

POSCO aims to produce using hydrogen technology by 2050

South Korea's POSCO aims to base its production entirely on hydrogen reduction technology by 2050.

POSCO aims to produce using hydrogen technology by 2050

POSCO aims to produce all steel with hydrogen technology by 2050.

South Korea's POSCO aims to complete the commercialization of HyREX technology by 2030 and base its production at its Pohang and Gwangyang steel plants entirely on hydrogen reduction technology by 2050.

In July 2022, POSCO signed an agreement with UK-based Primetals to build a HyREX test facility, scheduled for completion in 2026. POSCO also planned to replace existing production methods, such as blast furnaces, with HyREX 1 at its Pohang plant in 2033.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Australia and UAE strategic partnership for a green future

Friday, April 18, 2025

Ferrexpo's record post-war production

Friday, April 18, 2025

South Korea's steel exports to the US decrease by 19%

Friday, April 18, 2025

Özyaşar Tel and its subsidiaries received orders worth EUR 2.8 million from abroad

Friday, April 18, 2025

Arab Steel Union discusses impact of US tariffs on Arab steel industry

Friday, April 18, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now