Monday, November 3, 2025
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South Korea

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...

Posco, Hanwha Ocean partner to develop ultra-high strength steel for naval vessels

Posco and Hanwha Ocean have signed an MOU in Seoul to jointly develop ultra-high strength, giga-class, steel for next-generation naval ships. The collaboration covers six...

Steel producers seek extension of anti-dumping duties on Chinese H-beams

South Korea's Hyundai Steel and Dongkuk Steel have formally asked the government to extend anti-dumping duties on Chinese H-beams, local media reported. The companies...

Seoul to launch export guarantee scheme to support steel sector amid U.S. tariffs

South Korea plans to introduce a USD 290 mln export guarantee program to support domestic steelmakers hit by steep U.S. tariffs, according to local...

Hyundai Steel to develop next-generation steel-based solar modules

Hyundai Steel has begun joint development of next-generation building-integrated photovoltaic (BIPV) modules through an industry-academia collaboration with Hanwha Solutions, Lotte Construction, Samhwa Paints, Epscore,...

Steelmakers face slump in U.S. exports amid higher tariffs

Korea's steel exports to the United States slumped 26pct in July, following Washington's decision to double tariffs on steel and aluminum imports to 50pct,...

Govt unveils measures to shield steel industry from rising global challenges

South Korea has introduced the "K-Steel Act," a bipartisan bill aimed at revitalizing its steel industry amid rising global challenges, including a 50pct U.S....

Seah files anti-dumping complaint against special steel bar imports from China

Seah Besteel and Seah CSS, subsidiaries of South Korea's Seah Group, have filed an anti-dumping complaint targeting imports of special steel bars from China....

Hyundai Steel partners with AWS to drive digital and global expansion

Hyundai Steel has signed a Strategic Framework Agreement with Amazon Web Services (AWS) at Amazon's Seattle headquarters, aiming to accelerate digital transformation and expand...

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