POSCO transitions to Hydrogen-based Steel Production in Korea
22. August 2024POSCO, one of the world’s largest steelmakers, is advancing its carbon neutrality goals by transitioning to hydrogen-based steelmaking. The company has introduced a pilot facility that utilizes hydrogen instead of fossil fuels in the steel production process, significantly reducing carbon emissions. This facility, located at the Pohang Steel Works, produces up to 24 tons of molten iron per day with much lower emissions compared to traditional methods. As POSCO continues to innovate and expand its hydrogen reduction steelmaking capabilities, the company is addressing key challenges such as production costs and power supply needs. Hydrogen pressure vessels typically require KGS certification in order to be approved for import and sale in Korea.
POSCO’s long-term vision includes producing 2.5 million tons of steel by 2040 using only hydrogen, with full commercialization of the technology by 2030. Hydrogen pressure vessels typically require KGS certification in order to be approved for import and sale in Korea.
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