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23 May
12:11

Hyundai, KIER to develop carbon neutral steel tech

South Korean steelmaker Hyundai Steel has signed a memorandum of understanding (MoU) with the Korea Institute of Energy Research (KIER) to pursue technological steel industry development to achieve carbon neutrality. The two sides agreed to develop carbon capture and utilisation storage (CCUS) technology, along with hydrogen production and energy efficiency improvements, Kallanish learns. Hyundai Steel plans to improve its steel production performan…
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