POSCO Pohang steel plant , also known as Pohang Iron & Steel, is a steel plant in Pohang, North Gyeongsang, South Korea that operates electric arc furnace (EAF), basic oxygen furnace (BOF), ironmaking, blast furnace (BF), and direct reduced iron (DRI) technology.
Location
The map below shows the exact location of the plant in Pohang, North Gyeongsang, South Korea:
Location: 6262, Donghaean-ro, Nam-gu, Pohang-si, Gyeongsangbuk-do, Republic of Korea
Coordinates (WGS 84 ): 36.00931, 129.394508 (exact)
Background
Construction of the Pohang plant began on 01 April, 1970 and became operational on 03 July, 1973 with a capacity of 1.03 mtpa. After four phases of expansions, the crude steel capacity increased to 9.1 mtpa by 1983.[ 1] On 29 December, 2021, the blast furnace 1 was permanently shut down. The company announced its plan to turn the furnace into a museum. The plant continues to operate with the remaining three blast furnaces.[ 2]
POSCO has formulated a 2050 Carbon Neutrality Roadmap, outlining strategies in three core areas: Green process, Green product, and Green Partnership. The goal is to reduce carbon emissions 30% by 2035, 50% by 2040 from average emissions benchmark of 78.8 million tons between 2017-19, and to achieve carbon neutrality by 2050.[ 3]
On 06 September, 2022, various facilities at the plant was affected during Typhoon Hinnamnor, leading to shutting down of the plant temporarily.[ 4] The plant resumed operations 135 days after the flood.[ 5] [ 6]
2050 Carbon Neutrality Roadmap
POSCO is building a first of its kind pilot plant that use fluidized bed reduction reactors (HyREX), developed in collaboration with Primetals Technologies. The construction of the pilot plant with a capacity of 300 ttpa was expected to begin in June 2023.[ 7] The facility is scheduled for completion in 2026 or early 2027. With HyREX, hydrogen-based direct reduced iron produced will be melted in an electric smelting furnace to produce steel.[ 8] [ 9] POSCO intends to break ground with a full-scale hydrogen-based steelmaking plants by 2031.[ 10] POSCO Pohang Works plans to replace its existing production methods with HyREX in 2033.[ 11] [ 12] In June 2024, it was announced that the pilot HyREX unit was opened.[ 13] The pilot plant has a molten iron production capacity of up to 24 tonnes per day, emitting only 400 kilograms of carbon per metric ton.[ 14]
POSCO is also planning to invest in an electric furnace (EAF) each for its Pohang and Gwangyang steelworks. The full-scale HyREX expansion project is expected to produce 2.5 million tonnes of hot metal annually with the aim of achieving carbon neutrality. The news article from May 2023, mentioned that it was unlikely that annual crude steel production will increase from the two facilities. Operations were scheduled to start from 2027.[ 15] [ 16]
Under the company's 2050 carbon neutrality roadmap POSCO plans to phase-out traditional blast furnace technology by 2050 and adopt renewable and green hydrogen-based steelmaking technology in its plants in South Korea.[ 17] [ 18] POSCO plans to develop the hydrogen reduction steel plant by reclaiming land from sea which is expected to be completed by 2041 and begin full operation of hydrogen reduction steel facility by 2050.[ 19]
POSCO is expanding the highly polluting blast furnace technology overseas to India and Indonesia.[ 18] Until 2050, POSCO plans on adopting blast furnace-based bridge technologies.[ 20]
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker , a project of Global Energy Monitor.
Low-emissions/green steelmaking
This steel plant is associated with a green steel project tracked in the Green Steel Tracker . Details about the project are included below.
Table 1: Green Steel Project Details
All references for the above data are available in the Green Steel Tracker .
Project 1
Project name
POSCO HyREX Pohang
Company
POSCO Holdings
Company has climate goals?
Yes
Location
Pohang, South Korea
Project website
Site
Project scale
Full scale
Project status
Announced
Year to be online
Not stated
Technology to be used
H-DRI
Technology details
H-DRI in Fluidized Bed Reactors + Electrical Smelting (ESF) for steel
Iron production capacity (million tonnes per year)
Not stated
Steel production capacity (million tonnes per year)
1
CO2 capture (million tonnes CO2 per year)
Not applicable
Hydrogen generation capacity (MW)
Not applicable
Investment size (m USD)
Not stated
Partners
Primetals Technologies
Date of announcement
8/5/2022
Plant Details
Table 2: General Plant Details
Announced date
Construction date
Start date
Workforce size
Power source
Iron ore source
Coal source
1967-06-30[ 21]
1967-10-03[ 21]
1973[ 22]
6920[ 23]
unknown
Imported from Australia (Pilbara iron ore)[ 24] [ 25]
Tanoma coal mine[ 26]
Table 3: Ownership and Parent Company Information
State-owned entity status
Parent company
Parent company PermID
Parent GEM entity ID
Owner
Owner company PermID
Owner GEM entity ID
Partial
POSCO Holdings Inc [100.0%]
4295881204 [100.0%]
E100000000953 [100.0%]
POSCO Holdings Inc [100%][ 27]
4295881204
E100000000953 [100%]
Table 4: Process and Products
Table 5: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)
Table 6: Plant-level Crude Iron Production Capacities (thousand tonnes per annum)
Table 7: Upstream Products Production Capacities (thousand tonnes per annum)
Table 8: Actual Plant-level Crude Steel Production by Year (thousand tonnes per annum)
Table 9: Actual Plant-level Crude Iron Production by Year (thousand tonnes per annum)
Year
BF production
DRI production
Other/unknown iron production
2019
unknown
unknown
unknown
2020
unknown
–
unknown
2021
unknown
–
unknown
2022
unknown
–
unknown
2023
unknown
–
unknown
Unit Details
Table 10: Blast Furnace Details
Unit name
Status
Construction date
Start date
Furnace manufacturer and model
Current size
Current capacity (ttpa)
Decarbonization technology
Most recent relining
BF 1
mothballed[ 40] [ 35]
1970[ 52]
1973[ 40] [ 53] [ 54]
–
1660.0[ 55]
1300[ 40]
Top gas captured to fuel power plant[ 56]
1993-02-26[ 57]
BF 2
operating[ 58] [ 59]
1974[ 52]
1976[ 23] [ 54]
POSCO[ 60]
2550.0[ 61]
2300[ 41] [ 42]
Top gas captured to fuel power plant; Upgraded in 2016 to an "eco-friendly" AI smart furnace, with little specific information about how the use of AI will reduce emissions.[ 56] [ 62]
2017-03[ 63]
BF 3
operating[ 58] [ 59]
1976[ 52]
1978[ 64] [ 23]
POSCO Parallel Hopper top[ 65] [ 60] [ 66]
5600.0[ 64] [ 61]
5300[ 41] [ 42]
Top gas captured to fuel power plant; Upgraded in 2017 to an "eco-friendly" smart furnace, with little specific information about how the use of AI will reduce emissions.[ 67] [ 56]
2017-06-06[ 68]
BF 4
operating[ 58] [ 59]
1979[ 52]
1981[ 54]
Saint-Gobain (parts) Coranit Ceramic Cup[ 69] [ 69]
5600.0[ 70]
5300[ 41] [ 42]
Top gas captured to fuel power plant[ 56]
2024-07-02[ 71]
Table 11: Direct Reduced Iron Furnace Details
Table 12: Direct Reduced Iron Furnace Reductant Details
Unit name
Current or initial reductant
Gas reductant
Current or initial hydrogen reductant color
HyREX 1
gas[ 73] [ 79]
hydrogen[ 73] [ 79]
–
HyREX demonstation plant
gas[ 74]
hydrogen[ 74]
–
pilot HyREX plant
gas[ 73]
hydrogen[ 73]
green
Table 13: Electric Arc Furnace Details
Unit name
Status
Announced date
Construction date
Start date
Furnace manufacturer and model
Current capacity (ttpa)
Current size (tonnes)
unknown EAF (1)
announced[ 32]
–
2031[ 37]
2033[ 37]
Primetals; POSCO Electric smelting furnace (Smelter)[ 76] [ 76]
2500[ 33] [ 32]
36.0[ 44]
unknown EAF (2)
operating[ 44]
2022-06-26[ 76]
–
2024[ 44]
Primetals; POSCO Electric smelting furnace (Smelter)[ 76] [ 76]
300[ 37]
–[ 76] [ 80]
unknown EAF (3)
operating[ 38] [ 81]
–
–
2013[ 38]
–
1057[ 39] [ 38]
95.0[ 81]
Table 14: Electric Arc Furnace Feedstock Details
Unit name
Scrap-based
% scrap
% DRI
% HBI
% sponge iron (unknown if DRI or HBI)
% basic/merchant pig iron
% granulated pig iron
% pig iron (unknown if basic/merchant or granulated)
% other iron
unknown EAF (1)
yes[ 82]
>0[ 82]
unknown
unknown
unknown
unknown
unknown
unknown
unknown
unknown EAF (2)
yes[ 82]
>0[ 82]
>0[ 83]
unknown
unknown
unknown
unknown
unknown
unknown
unknown EAF (3)
None
unknown
unknown
unknown
unknown
unknown
unknown
unknown
unknown
Table 15: Basic Oxygen Furnace Details
Articles and Resources
Additional data
To access additional data, including an interactive map of steel plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.
References
↑ Amsden, Alice Hoffenberg (1992). Asia's Next Giant . Oxford University Press. pp. 293–294. ISBN 9780195076035 .
↑ "POSCO permanently shuts blast furnace No. 1 at Pohang plant" . steelorbis.com . Retrieved 2023-09-29 .
↑ "Sustainability Report - 2022" . POSCO (in 한국어). Retrieved 2023-09-27 .{{cite web }}: CS1 maint: url-status (link )
↑ "POSCO's unprecedented furnace shutdown may disrupt across-the-board industrial sites - Pulse by Maeil Business News Korea" . pulsenews.co.kr (in 한국어). Retrieved 2023-09-29 .
↑ "POSCO's 135-day Pohang plant recovery dubbed 'miracle' " . koreatimes . 2023-03-27. Retrieved 2023-09-29 .
↑ "POSCO's Pohang Works fully restored… All factories start operation from the 20th" . newsroom.posco.com . Retrieved 2023-09-29 .
↑ "POSCO to start construction of hydrogen-based pilot plant in June" . www.steelorbis.com . Retrieved 2023-12-05 .
↑ "POSCO to break ground on hydrogen-based steel plant" . Steel Times International . Retrieved 2023-09-29 .
↑ "Current News of Primetals Technologies" . www.primetals.com . Retrieved 2023-09-29 .
↑ KED Global. "POSCO readies for leap to carbon-neutral steel - KED Global" . KED Global . Retrieved 2023-09-29 .
↑ "POSCO to make all steel via hydrogen route by 2050" . Steel Times International . Retrieved 2023-12-05 .
↑ "POSCO plans to produce all steel using hydrogen by 2050 — News — GMK Center" . GMK . Retrieved 2023-12-05 .
↑ read, GlobalData 1 min (2024-06-27). "Posco unveils hydrogen powered steel plant" . Yahoo Finance . Retrieved 2025-01-02 .
↑ "S. Korea's POSCO commissions hydrogen-powered pilot steel plant" . www.steelorbis.com . Retrieved 2025-01-02 .
↑ SteelMint. "South Korea: Posco scaling up EAF investments to cut down on blast furnace iron-making" . SteelMint Info Services . Retrieved 2023-09-29 .
↑ "S. Korea's POSCO commissions hydrogen-powered pilot steel plant" . www.steelorbis.com . Retrieved 2025-01-02 .
↑ POSCO. "Carbon Neutral Strategy - Carbon Neutrality - POSCO" . www.posco.co.kr (in 한국어). Retrieved 2023-09-29 .
↑ 18.0 18.1 "[Press Release] Ditching coal in steelmaking could save over 9,000 lives, new study shows" . Retrieved 2023-09-29 .
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↑ https://web.archive.org/web/20230130022053/https://austchamkorea.org/2018/09/05/posco_gwangyang_tour/ . Archived from the original on 2023-01-30.
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↑ https://web.archive.org/web/20220111174949/https://www.posco.co.kr/homepage/docs/eng6/jsp/company/control/s91a1000010c.jsp . Archived from the original on 2022-01-11.
↑ 28.0 28.1 28.2 https://web.archive.org/web/20220120105955/http://product.posco.com/homepage/product/eng/jsp/s91m0000001i.jsp . Archived from the original on 2022-01-20.
↑ https://sustainability.posco.com/S91/S91F10/kor/UI-PK_W033.do .
↑ https://web.archive.org/web/20240905173006/https://www.posco.co.kr/homepage/docs/eng7/jsp/esg/certificate/s91b6000051l.jsp . Archived from the original on 2024-09-05.
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↑ 38.0 38.1 38.2 38.3 38.4 https://www.yieh.com/en/News/posco-inaugurates-new-stainless-plant-in-pohang//65605 .
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↑ 43.0 43.1 43.2 43.3 https://gmk.center/en/news/posco-and-primetals-to-collaborate-on-development-of-hyrex-plant/ .
↑ 44.0 44.1 44.2 44.3 44.4 44.5 44.6 44.7 "Posco unveils hydrogen powered steel plant" . Yahoo! Finance . 2024-06-27. Archived from the original on 2025-04-15. Retrieved 2025-01-02 .
↑ 45.0 45.1 (PDF) https://web.archive.org/web/20220404214916/https://www.primetals.com/fileadmin/user_upload/content/01_portfolio/1_ironmaking/finex/THE_FINEX_R__PROCESS.pdf . Archived from the original (PDF) on 2022-04-04.
↑ 46.0 46.1 46.2 (PDF) https://web.archive.org/web/20220425141258/https://www.primetals.com/fileadmin/user_upload/content/01_portfolio/1_ironmaking/corex/COREX.pdf . Archived from the original (PDF) on 2022-04-25.
↑ 47.0 47.1 https://web.archive.org/web/20231015123248/http://www.posco.co.kr/homepage/docs/eng7/jsp/irinfo/irdata/s91b6000030l.jsp . Archived from the original on 2023-10-15.
↑ 48.0 48.1 48.2 https://web.archive.org/web/20240806152708/https://www.scribd.com/document/331132828/Project-List-Steel-Plants . Archived from the original on 2024-08-06.
↑ https://www.steelorbis.com/steel-news/latest-news/posco-commissions-new-coking-complex-at-pohang-plant-1349340.htm .
↑ 50.0 50.1 50.2 50.3 50.4 50.5 (PDF) https://www.posco-inc.com:4453/resource/dn/investor/form20f/2020Form20-F.pdf .
↑ 51.0 51.1 51.2 51.3 51.4 51.5 51.6 51.7 51.8 (PDF) https://www.posco-inc.com:4453/resource/v3/file/investor/2023Form20-F.pdf .
↑ 52.0 52.1 52.2 52.3 https://web.archive.org/web/20190921102732/http://www.referenceforbusiness.com:80/history2/83/POHANG-IRON-AND-STEEL-COMPANY-LTD.html . Archived from the original on 2019-09-21.
↑ https://web.archive.org/web/20240912171642/https://www.posco.co.kr/homepage/docs/eng7/jsp/company/posco/s91a1000013c.jsp . Archived from the original on 2024-09-12.
↑ 54.0 54.1 54.2 54.3 (PDF) https://web.archive.org/web/20220213234515/https://www.posco.co.kr/homepage/docs/eng6/jsp/dn/company/posco/Photo_History_of_POSCO.pdf . Archived from the original (PDF) on 2022-02-13.
↑ https://www.flogen.org/sips2018/paper-1-71.html .
↑ 56.0 56.1 56.2 56.3 https://web.archive.org/web/20240916154634/https://www.power-technology.com/marketdata/power-plant-profile-posco-pohang-off-gas-combined-cycle-power-plant-south-korea/ . Archived from the original on 2024-09-16.
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↑ 58.0 58.1 58.2 https://web.archive.org/web/20221219083954/https://koreajoongangdaily.joins.com/2022/09/12/business/industry/korea-posco-typhoon/20220912175453026.html . Archived from the original on 2022-12-19.
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↑ 61.0 61.1 https://web.archive.org/web/20230323182144/https://newsroom.posco.com/en/blast-furnace-anatomy-2/ . Archived from the original on 2023-03-23.
↑ https://web.archive.org/web/20220521132413/https://newsroom.posco.com/en/meet-the-ai-blast-furnace-of-pohang-works/ . Archived from the original on 2022-05-21.
↑ (PDF) https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf https://energyandcleanair.org/wp/wp-content/uploads/2022/11/CREA-SFOC_Unveiling-the-Truth-Behind-Blast-Furnace-Pollution_South-Korea_EN.pdf, https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf . ;
↑ 64.0 64.1 https://web.archive.org/web/20220528110121/https://newsroom.posco.com/en/posco-gets-smart-pohang-blast-furnace-no-3/ . Archived from the original on 2022-05-28.
↑ https://studylib.net/doc/5535054/design-features-of-indian-blast-furnaces .
↑ https://valve-world.net/posco-orders-new-paul-wurth-blt-system/ .
↑ https://www.marketscreener.com/quote/stock/POSCO-HOLDINGS-INC-6494927/news/POSCO-Pohang-Blast-Furnace-No-3-Is-Transformed-into-a-Super-large-Blast-Furnace-Equipped-with-Sma-24579009/ .
↑ https://newsroom.posco.com/en/posco-gets-smart-pohang-blast-furnace-no-3/ https://valve-world.net/posco-orders-new-paul-wurth-blt-system/, https://newsroom.posco.com/en/posco-gets-smart-pohang-blast-furnace-no-3/ . ;
↑ 69.0 69.1 (PDF) https://web.archive.org/web/20221128015619/https://www.ceramicsrefractories.saint-gobain.com/sites/hps-mac3-cma-pcr/files/assetbank_media/Iron---Steel-Blast-Furnace-brochure-2022-web-2274441.pdf . Archived from the original (PDF) on 2022-11-28.
↑ "S. Korea's POSCO reignites blast furnace No. 4 after restoration" . www.steelorbis.com . 2024-07-02. Archived from the original on 2025-04-15. Retrieved 2025-01-02 .
↑ https://forourclimate.org/hubfs/%5BSFOC%5D%20POSCO%20Profile%20No.1%20-%20Coal%20Tomorrow%20with%20POSCO%20(ENG).pdf, https://www.steelorbis.com/steel-news/latest-news/s-koreas-posco-reignites-blast-furnace-no-4-after-restoration-1347011.htm https://aisusteel.org/en/27069/, https://forourclimate.org/hubfs/%5BSFOC%5D%20POSCO%20Profile%20No.1%20-%20Coal%20Tomorrow%20with%20POSCO%20(ENG).pdf, https://www.steelorbis.com/steel-news/latest-news/s-koreas-posco-reignites-blast-furnace-no-4-after-restoration-1347011.htm . ;
↑ https://gmk.center/en/news/posco-plans-to-produce-all-steel-using-hydrogen-by-2050/ .
↑ 73.0 73.1 73.2 73.3 73.4 73.5 73.6 73.7 https://web.archive.org/web/20241007162429/https://www.steelorbis.com/steel-news/latest-news/posco-to-start-construction-of-hydrogen-based-pilot-plant-in-june-1292287.htm . Archived from the original on 2024-10-07.
↑ 74.0 74.1 74.2 https://www.posco.co.kr/homepage/docs/eng7/jsp/hyrex/ .
↑ 75.0 75.1 75.2 "POSCO Installed Pilot Facility to Test Hydrogen-Based Ironmaking Technology, Aiming for Carbon Neutrality by 2050" . hydrogen-central.com . 2024-09-27. Archived from the original on 2025-04-15. Retrieved 2025-01-02 .
↑ 76.0 76.1 76.2 76.3 76.4 76.5 76.6 https://web.archive.org/web/20230605204336/https://www.primetals.com/press-media/news/primetals-technologies-and-posco-to-develop-new-green-steel-demonstration-plant . Archived from the original on 2023-06-05.
↑ https://newsroom.posco.com/en/posco-starts-to-design-the-hyrex-demonstration-plant/ .
↑ "Primetals Technologies and POSCO Sign Cooperation Agreement for HyREX Direct Reduction Plant" . www.primetals.com . 2024-09-19. Archived from the original on 2025-04-15. Retrieved 2025-01-02 .
↑ 79.0 79.1 https://newsroom.posco.com/en/from-ccus-to-hyrex-the-full-lineup-of-posco-groups-decarbonization-strategies-for-a-sustainable-steel-industry/ .
↑ https://web.archive.org/web/20230602050529/https://www.aist.org/news/steel-news/2023/may/29-may-2-june-2023/posco-looks-to-begin-work-on-pilot-dri-plant . Archived from the original on 2023-06-02.
↑ 81.0 81.1 https://new.abb.com/metals/abb-in-metals/references/electromagnetic-stirring-and-electric-arc-furnaces .
↑ 82.0 82.1 82.2 82.3 https://web.archive.org/web/20240131194709/https://www.steelmint.com/insights/south-korea-posco-scaling-up-eaf-investments-to-cut-down-on-blast-furnace-iron-making-262363 . Archived from the original on 2024-01-31.
↑ https://web.archive.org/web/20240131194955/https://www.steelorbis.com/steel-news/latest-news/posco-to-build-new-eaf-to-reduce-carbon-emissions-1279755.htm . Archived from the original on 2024-01-31.
↑ 84.0 84.1 84.2 84.3 84.4 84.5 84.6 https://web.archive.org/web/20220113161527/http://www.posco.com/homepage/docs/eng6/jsp/common/posco/s91a1000013c.jsp . Archived from the original on 2022-01-13.
↑ 85.00 85.01 85.02 85.03 85.04 85.05 85.06 85.07 85.08 85.09 85.10 85.11 85.12 85.13 85.14 85.15 85.16 85.17 85.18 "2024 AIST Basic Oxygen Furnace Roundup" . imis.aist.org . Archived from the original on 2025-03-10. Retrieved 2024-11-13 .
↑ 86.0 86.1 86.2 86.3 86.4 https://imis.aist.org/store/detail.aspx?id=PR-RU2022-8 .
↑ https://imis.aist.org/store/detail.aspx?id=PR-RU2024-1;AIST .
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