Hyundai Steel plans to invest $116 million to boost premium scrap capacity to steer EAF expansion

Source: BigMint Dec 12, 2025 10:00

Investments target higher purity ratios to support growing EAF output. Mills optimise procurement to reduce reliance on imported shredded

South Korea's Hyundai Steel has announced a KRW 170 billion ($116 million) investment programme to secure high-grade steel scrap and reinforce low-carbon raw material capabilities by 2032, aligning with the nation's transition toward EAF-based decarbonised steelmaking, according to reports in multiple leading publications. The plan features new shredders and upgraded sorting and refining lines at

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