In February 2023, South Korean Ministry of Trade, Industry and Energy (Motie) announced the country's Steel Industry Development Strategy for Transition to Low-Carbon Steel Production, which involves plans to decarbonise South Korean steel sector. This involves setting up of a hydrogen direct reduction technology-based demonstration plant of capacity 1 mtpa by 2030.[1][2] A 1mn t/yr demonstration project will be done for hydrogen reduced steel before the commercialisation of 3mn t/yr reactors. There will be a 10 kg/h demonstration reactor for naphtha electrolysis before the commercialisation of a 240 kg/h reactor. [3] As of January 2025, there has been no updates on the plant.
Table 7: Direct Reduced Iron Furnace Reductant Details
Unit name
Hydrogen reductant status
unknown DRI (1)
capable
unknown DRI (2)
capable
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.
↑ 7.07.1"*". www.argusmedia.com. 2023-02-27. Archived from the original on 2025-04-21. Retrieved 2025-01-08. {{cite web}}: Text "Argus Media" ignored (help); Text "Latest Market News" ignored (help)