Browsing: steel

POSCO, South Korea’s leading steelmaker, is embarking on a journey with its hydrogen reduction steel technology. After 50 years of growth, the company is gearing up for the next 50 years by committing to commercialize its HyREX technology by 2030 and transform its key steel plants in Pohang and Gwangyang entirely to this new steelmaking process by 2050.

Steel, the backbone of modern industrialization, plays an indispensable role in our lives, forming the foundation of buildings, powering electrical appliances, and propelling various modes of transport.