11,060.39 TRY BIST 100 BIST 100
48.45 EUR EUR EUR
42.08 USD USD USD
5.94 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.80 TRY Interest Interest
64.69 USD Fossil Oil Fossil Oil
64.38 USD Silver Silver
4.97 USD Copper Copper
106.11 USD Iron Ore Iron Ore
344.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,383.32 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

The steel market in the US remains stable

Tuesday, November 4, 2025

European Commission invests EUR 2.9 billion in net-zero technologies

Tuesday, November 4, 2025

Baosteel’s operating profit rises %31 in the January–September period

Tuesday, November 4, 2025

South Korea is restructuring steel industry

Tuesday, November 4, 2025

British Steel expands its external fleet

Tuesday, November 4, 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