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Saturday, January 24, 2026
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South Korea

Hyundai Steel to build DRI pilot plant at Dangjin ahead of US mill launch

Hyundai Steel will build a pilot direct reduced iron (DRI) facility at its Dangjin Steelworks to test hydrogen- and gas-based direct reduction processes, accelerating...

Posco advances hydrogen steelmaking plans at Pohang Steelworks

South Korean steelmaker Posco is stepping up efforts to normalize operations at its Pohang Steelworks following a series of safety incidents, while accelerating plans...

Govt unveils support package to boost steel export competitiveness

South Korea will inject KRW 570 bln (USD 396 mln) into its steel industry to strengthen exports, counter unfairly priced imports, and drive technological...

Posco, BHP partner to advance near-zero emissions ironmaking technology

Posco has signed a MoU with BHP to jointly advance 'near-zero emissions' ironmaking through Posco's hydrogen reduction ironmaking technology (HyREX). The collaboration will focus...

Govt to unveil steel restructuring plan as exports decline

South Korea will unveil a steel industry advancement plan this month, including measures for production cuts and facility adjustments, as global trade barriers tighten...

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