Steel News

POSCO Looks to Begin Work on Pilot DRI Plant

5/30/2023 - POSCO is set to break ground on a pilot-scale direct reduction plant that utilizes hydrogen, reports The Korea Economic Daily newspaper. 

According to The Economic Daily, the plant, which utilizes a process that allows sinter fines to be converted to iron, will be able to produce 300,000 metric tons annually. 

The facility is to be built at POSCO’s Pohang steel complex.