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Pohang Rallies Behind Steel Industry with Citywide Banner Campaign

Pohang Rallies Behind Steel Industry with Citywide Banner Campaign

POHANG, Nov. 18 (Korea Bizwire) – A civic organization in Pohang, North Gyeongsang Province, has launched a public campaign to boost morale at local steel companies, hanging 20 encouraging banners across the city on November 16. The “People Making Happy Pohang” group, led by Park Je-seo, displayed 15 banners supporting POSCO and five supporting Hyundai Steel, [...]

Hyundai Steel Succeeds in Trial Production of Low-carbon Emission Steel Sheet

Hyundai Steel Succeeds in Trial Production of Low-carbon Emission Steel Sheet

SEOUL, Sept. 14 (Korea Bizwire) — Hyundai Steel Co., South Korea’s No. 2 steelmaker, said Tuesday it has succeeded in the trial production of a low-carbon emission high-end steel sheet that enables a significant reduction in carbon emissions during the production process. The company announced that it had succeeded in the trial production of 1.0 [...]

Hyundai Steel Establishes Low-carbon Electric Furnace Production System

Hyundai Steel Establishes Low-carbon Electric Furnace Production System

SEOUL, May 27 (Korea Bizwire) — Hyundai Steel Co., South Korea’s No. 2 steelmaker, said Thursday it will launch the production of high-end steel materials by establishing Hy-Cube, a new electric furnace-based steel production system. The Hy-Cube technology is based on a new-concept electric furnace called Hy-Arc, an upgraded version of an existing electric furnace [...]

Hyundai Steel’s First LNG-powered Ship Makes Maiden Voyage

Hyundai Steel’s First LNG-powered Ship Makes Maiden Voyage

SEOUL, Nov. 26 (Korea Bizwire) — Hyundai Steel Co., South Korea’s No. 2 steelmaker, said Wednesday that its first liquefied natural gas (LNG)-powered ship made its maiden voyage for the overseas transport of raw materials. The eco-friendly ship, named HL Oceanic, is scheduled to transport 2 million tons of iron ore and coal per year [...]

Wastewater Sludge from Samsung to be Used at Hyundai Steel for Steelmaking

Wastewater Sludge from Samsung to be Used at Hyundai Steel for Steelmaking

SEOUL, Sept. 27 (Korea Bizwire) – Samsung Electronics Co. and Hyundai Steel Co. said Monday they have developed a new technology that can reuse wastewater sludge created during the chip manufacturing process as a supplementary material in steelmaking. The two firms joined hands to develop a recycling technology utilizing calcium fluoride in semiconductor wastewater sludge [...]

S. Korean Steelmakers Beef Up Hydrogen-related Investments

S. Korean Steelmakers Beef Up Hydrogen-related Investments

SEOUL, Jan. 26 (Korea Bizwire) – South Korean steelmakers are doubling down on hydrogen-related investments, as part of efforts to overcome the ever-toughening environmental regulations as well as to create new growth engines. Industry experts say that in a situation where the steel industry is stigmatized as being devastating to the environment, the core competitiveness [...]