POSCO Gwangyang steel plant
|This article is part of the Global Steel Plant Tracker, a project of Global Energy Monitor.|
POSCO Gwangyang is an integrated and electric steel plant in Gwangyang-si, Jeollanam-do, Republic of Korea.
The map below shows the location of the steel plant in Gwangyang-si, Jeollanam-do, Republic of Korea.
Blast furnace #3 was restarted in July 2020 after being rebuilt for the third time. Blast furnace #3 added 4.6 mtpa crude steel capacity to POSCO Gwangyang steel plant, bringing the plant's crude steel capacity up from 18 mtpa to 23 mtpa to become the largest steel plant in the world.
In November 2020, three workers were killed in an explosion at POSCO Gwangyang.
- Private/State ownership: mixture (National Pension Service 12.06%, Treasury Stock 8.11%)
- Parent company: National Pension Service 12.06%, Treasury Stock 8.11%, BlackRock Fund Advisors 6.23%, Others 73.6%
- Owner: POSCO Ltd.
- Alternative plant names: Pohang Iron & Steel Gwangyang
- Location: 20-26, Pokposarang-gil, Gwangyang-si, Jeollanam-do, Republic of Korea
- GPS Coordinates: 34.920086, 127.748650 (exact)
- Plant status: operating
- Start year: 1987 (age 33–34)
- Production capacities (thousand tonnes per annum):
- Steel product category: flat, long
- Steel products: hot rolled steel, plate, wire rod, cold rolled steel, galvanized steel, electrical galvanized steel, stainless steel, titanium
- Steel sector end users: automotive, construction, shipbuilding, energy, home appliances, industrial machinery
- Steelmaking process: integrated, electric
- Primary steel production equipment: 5 blast furnaces (BF) (BF#3 rebuild complete Jul. 2020, BF #5 Apr. 2000); electric arc furnaces (EAF) (# unknown)
Articles and resources
- Location, POSCO, Retrieved on: Jun. 9, 2020
- POSCO Gwangyang No.3 Blast Furnace Reborn into a Smart & Sustainable Furnace, POSCO Newsroom, Jul. 15, 2020, Retrieved on: May 26, 2021
- Posco’s world’s largest steel mill in Gwangyang boosts capacity by 10% after renovation, Park Yong-beom, Pulse by Maell Business News Korea, Jun. 6, 2016, retrieved on: May 26, 2021
- Steel Plant Explosion in South Korea Kills 3 Workers, IFW Staff, Nov. 25, 2020
- Corporate Governance, POSCO, Retrieved on: Jun. 9, 2020
- History of POSCO, POSCO, Retrieved on: Jun. 9, 2020
- POSCO Products, POSCO, Retrieved on: Jun. 9, 2020