Steelworks Archives | Be Korea-savvy

POSCO Makes Additional Investment to Counter Air Pollution

POHANG, South Korea, April 18 (Korea Bizwire) – POSCO is investing an additional 50 billion won ($44.1 million) to reduce its greenhouse gas emissions. According to local sources on Monday, the South Korean steel giant plans to boost its environmental measures, including reducing emissions of toxic chemicals and improving maintenance of emissions facilities, by establishing [...]

Korea’s Longest-Operating Blast Furnace to Fade into History

POHANG, South Korea, Jan. 10 (Korea Bizwire) – POSCO’s Pohang 1-Goro, or Pohang Blast Furnace No.1, began operations in June 1973. It is symbolic of the history of Korea’s steel production, which became the nation’s key industrial asset, and the unparalleled economic development over the past half-decade. It is currently the longest-operating blast furnace in [...]