Tag: South Korea: POSCO starts development of HyREX technology

Steel giant POSCO has recently started the development of HyREX technology, which is a unique hydrogen reduction iron and steel technology for a carbon-neutral era. “The development of hydrogen-reduced steel technology and conversion to a low-carbon, eco-friendly steel manufacturing process are essential for our survival,” said POSCO’s Vice Chairman Kim Hak Dong in its 57th…