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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 [...]

Hyundai Steel Develops New Gas Valve to Block Harmful Emissions

Hyundai Steel Develops New Gas Valve to Block Harmful Emissions

SEOUL, Dec. 23 (Korea Bizwire) — Hyundai Steel Co., South Korea’s No. 2 steelmaker, has developed the world’s first technology to fully block air pollutants emitted from blast furnaces, successfully introducing them to the actual steelmaking process. The company said Tuesday it had installed clean gas valves for furnace shutdowns or re-feeding hot blasts to [...]

Hyundai Steel to Spend 530 bln Won to Reduce Environmentally Harmful Emissions

Hyundai Steel to Spend 530 bln Won to Reduce Environmentally Harmful Emissions

SEOUL, Apr. 1 (Korea Bizwire) — Hyundai Steel Co., South Korea’s No. 2 steelmaker, said Monday that it plans to cut its environmentally harmful emissions by over 50 percent from the current level. Hyundai Steel said it aims to spend some 530 billion won (US$468 million) to address concerns over fine dust and other harmful [...]