Tag: South Korea: POSCO invests in electric furnaces with focus on reducing carbon emissions

South Korea’s POSCO has recently signed an agreement with foreign facility companies for the installation of electric-arc furnaces (EAFs) at its steel works by CY25 and CY27. The steelmaker is looking for preheated electric furnaces with continuous charge of scrap, however, there are chances of choosing Konsteel and Quantum electric furnaces. Also, it is in…