Author: Admin Operation
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South Korea: Posco scaling up EAF investments to cut down on blast furnace iron-making
South Korean steel giant Posco is planning to invest in one electric furnace (EAF) each for its Pohang and Gwangyang steelworks. The molten metal production capacity of the plants is 17 million tonnes (mn t) and 23 mn t, respectively. The world’s sixth-largest steel producer in 2020, Posco produced more than 40 mn t of…