FEATURE: POSCO tries again with HyREX and Primetals

South Korean steel giant POSCO and UK-based plant builder Primetals Technologies are advancing further into eco-friendly steelmaking, announcing the signing of an agreement to jointly design and build ironmaking plants incorporating hydrogen reduction touted as the Holy Grail of steelmaking.

The MoU, signed last month at the Pohang Institute of Technology – not far from POSCO's Pohang steelworks on Korea's southeast coast – but only just announced, aims to begin designing a pilot plant this month to incorporate POSCO's HyREX (Hydrogen Reduction) technology. "Starting with this design, POSCO plans to