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    Posco to build large-scale hydrogen-based steel plant by 2027

    Posco, the world’s seventh-largest steelmaker, aims for carbon neutrality through hydrogen-based steel production. They unveiled a pilot facility, HyREX, which produces steel using hydrogen...
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    Global Steel News

    Hyundai Steel’s earnings plunge in Q2 on weak sales

    Hyundai Steel Co., South Korea's No. 2 steelmaker, said its second-quarter earnings tumbled more than 48 pct on-year on sluggish sales. Consolidated net profit came...
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    Global Steel News

    Posco’s operating profit declines in Q2 on lower steel prices

    South Korean Posco Group saw its second-quarter operating profit plunge by more than 38 pc amid steel oversupply due to the sluggish property market...
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    Global Steel News

    Hyundai Steel to build new lab to develop hydrogen-fueled steelmaking technologies

    Hyundai Steel Co., a unit under South Korean auto giant Hyundai Motor Group, is set to kick off research on hydrogen-based steelmaking as its...
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