POSCO to design the HyREX plant with Primetals

POSCO signed a business agreement for hydrogen reduction steelmaking engineering technology cooperation with Primetals.

POSCO plans to achieve carbon neutrality by 2050 through its ‘HyREX (Hydrogen Reduction)’ technology. To this end, the company decided to start designing the HyREX demonstration plant with Primetals, which jointly designed the FINEX facilities with POSCO.

Starting with this design, POSCO plans to continue the demonstration plant EPC (Engineering, Procurement, Construction) and verify the commercial feasibility of hydrogen reduction steelmaking by 2030 in the medium term. After that, the company plans to achieve carbon neutrality by 2050 by gradually replacing the current blast furnace with HyREX-based facilities after optimizing production.

POSCO is currently operating a FINEX facility that uses reducing gas containing 25% hydrogen and is developing HyREX, a POSCO-type hydrogen reduction steelmaking model based on FINEX technology.

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