Author: Suyash Jain
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Primetals Technologies, POSCO sign MoU to set up green steel demonstration plant
Primetals Technologies has recently signed a memorandum of understanding (MoU) with POSCO to jointly set up a green steel demonstration plant using hydrogen reduction ironmaking “HyREX”, a technology used to produce DRI. The plant will be operational by early 2027. HyREX was developed based on FINEX, which uses reducing gas (contains 25% hydrogen). FINEX was…