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    South Korea

    Ministry launches AD probe into imports of Chinese HR plates

    The Ministry of Trade, Industry, and Energy has launched an anti-dumping investigation into Chinese-origin HRC plates following a complaint from Hyundai Steel on July...

    Hyundai Steel explores hydrogen gas injection study to reduce CO2 emissions

    Hyundai Steel in Dangjin, South Korea, has ordered a blast furnace gas injection study from Primetals Technologies, set to be conducted in two phases. Phase...

    Posco to modernize LD converter at Pohang plant

    South Korean steel producer Posco has selected Primetals Technologies to supply a new tilting drive for LD converter (BOF) No. 3-2 at its Pohang...

    Posco advances hydrogen-based steel production with HyREX demonstration plant

    Primetals Technologies and Posco have signed a cooperation agreement to design and implement a HyREX demonstration plant at Posco's facility in Pohang, South Korea....

    Posco aims to increase steel supply for hyperloop projects

    Posco is increasing its steel supply for the world's first hyperloop facility, following the successful test of Hardt Hyperloop's vehicle at the European Hyperloop...

    Steel industry struggles with falling profits and competitive Chinese pricing

    The South Korean steel industry is grappling with significant challenges, including a domestic construction slowdown, aggressive Chinese exports, and declining supply prices, according to...

    Dongkuk to boost colour coated steel production capacity with Aju Steel acquisition

    Dongkuk Coated Metal Co. (Dongkuk CM), a subsidiary of South Korea's Dongkuk Holdings Co., has agreed to acquire Aju Steel Co., a color-coated steel...

    Steel producers divided on anti-dumping complaint against Chinese plate imports

    Korean steel producers Posco and Dongkuk Steel have been cautious about joining Hyundai Steel's anti-dumping complaint against low-priced thick steel plates from China, according...

    Posco’s net profit declines in Q2 2024 amid weak steel demand

    Korean steel producer Posco Holdings reported a decline in net profit for Q2 2024, impacted by weak steel demand. The company's net profit for...

    Hyundai Steel signs MoU with EU firms to supply low-carbon steel

    Hyundai Steel is expanding its international sales in Europe and America for carbon-reduced steel to align with the global push for carbon neutrality and...

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