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06 Jul
10:58

Posco raises concern over hydrogen cost for steelmaking

Jang Se-hwan, head of Posco's carbon neutral strategy group, says he is concerned hydrogen steelmaking in South Korea still faces higher costs than in other countries. Posco has previously said steel companies must recognise the need for carbon reduction in steel products. The steel mill is developing HyREX hydrogen reduction steel technology and expects to put it into operation in 2028. Posco’s hydrogen demand at that time will rise to 5 million to…
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