POSCO Pohang steel plant

From Global Energy Monitor
This article is part of the Global Steel Plant Tracker, a project of Global Energy Monitor.

POSCO Pohang is an integrated and electric steel plant in Pohang-si, Gyeongsangbuk-do, Republic of Korea.[1]


The map below shows the location of the steel plant in Pohang-si, Gyeongsangbuk-do, Republic of Korea.

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Plant Details

  • Private/State ownership: mixture (National Pension Service 12.06%, Treasury Stock 8.11%)[2]
  • Parent company: National Pension Service 12.06%, Treasury Stock 8.11%, BlackRock Fund Advisors 6.23%, Others 73.6%[2]
  • Owner: POSCO Ltd.[3]
  • Alternative plant names: Pohang Iron & Steel
  • Location: 6262, Donghaean-ro, Nam-gu, Pohang-si, Gyeongsangbuk-do, Republic of Korea[1]
  • GPS Coordinates: 36.009310, 129.394508 (exact)
  • Plant status: operating[1]
  • Start year: 1973 (age 48–49)[4]
  • Production capacities (thousand tonnes per annum):
    • Crude steel: 17400[5]
    • Pig iron (hot metal): 4300 (capacity for FINEX No. 2 and No. 3 only)[6][7]
  • Steel product category: flat, long[8]
  • Steel products: hot rolled steel, plate, wire rod, cold rolled steel, galvanized steel, electrical galvanized steel, stainless steel, titanium[8]
  • Steel sector end users: automotive, construction, shipbuilding, energy, home appliances, industrial machinery[8]
  • Steelmaking process: integrated, electric[4]
  • Primary steel production equipment: blast furnaces (BF) (total # unknown, BF #1 (Jun. 1973)); COREX (Nov. 1995); FINEX No. 2 Plant (May 2007), FINEX No. 3 (2014), FINEX Demo plant[4][9][10][11]
  • Coal source: Tanoma coal mine[4]

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