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02 Jun
06:37

Posco upgrades Gwangyang blast furnace

Major South Korean steelmaker Posco hopes to upgrade a blast furnace at its Gwangyang plant to increase production efficiency and reduce heat loss and pollution emissions, Kallanish notes. The construction had been planned to start since early 2020. The steelmaker will upgrade the No.2 blast furnace at a cost of KRW 220 billion ($178.2 million) by July 2022. The current volume of the blast furnace is 4,350 cubic-metres, which is slightly smaller than the…
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