South Korea's largest steelmaker, Posco Group, shut down one of its steel wire rod mills in the city of Pohang this week in response to rising global competition from Chinese producer, according ...

Pohang mayor urges construction firms to prioritize domestic steel amid crisis Pohang city leader calls on builders to ...

[Reporter] Black smoke billows through the night sky over the sea. The fire broke out at POSCO Pohang Steel Mill's 3 Finex plant. Another fire broke out in two weeks following the 10th. The late ...

Earlier at 4:20 a.m. on the 10th, a fire broke out at POSCO Pohang Steel Mill's 3 Finex plant in Pohang, Gyeongsangbuk-do, and it was extinguished in five hours. ※ 'Your report becomes news ...

In order to change the furnaces of its steel mills in Pohang and Gwangyang to hydrogen reduction steel as planned, the company needs 5 million tons of hydrogen per year. POSCO plans to produce 7 ...