POSCO Gwangyang steel plant
This article is part of the Global Iron and Steel Tracker, a project of Global Energy Monitor. |
Sub-articles: |
POSCO Gwangyang steel plant, also known as Pohang Iron & Steel Gwangyang, is a steel plant in Gwangyang, South Jeolla, South Korea that operates blast furnace (BF), basic oxygen furnace (BOF), electric arc furnace (EAF), and direct reduced iron (DRI) technology.
Location
The map below shows the exact location of the plant in Gwangyang, South Jeolla, South Korea:
- Location: 20-26, Pokposarang-gil, Gwangyang-si, Jeollanam-do, Republic of Korea
- Coordinates (WGS 84): 34.920086, 127.74865 (exact)
Background
POSCO Gwangyang plant was constructed in four phases between 1982 and 1992.[1] POSCO Gwangyang houses five out the fourteen blast furnaces larger than 5500 m3 in the world.[2][3] Blast furnace #3 was restarted in July 2020 after being rebuilt for the third time.[4] Blast furnace #3 added 4.6 mtpa crude steel capacity to POSCO Gwangyang steel plant, bringing the plant's crude steel capacity up from 18 mtpa to 23 mtpa to become the largest steel plant in the world in 2016.[4][5] A steel mill in China (Zhangjiagang Hongchang Steel Co., Ltd.) has since exceeded the capacity of the POSCO Gwangyang steel plant.[6]
In November 2020, three workers were killed in an explosion at POSCO Gwangyang.[7]
2050 Carbon Neutrality Roadmap
POSCO is also planning to invest in an electric furnace (EAF) each for its Pohang and Gwangyang steelworks. The expansion project is expected to produce 2.5 million tonnes of hot metal annually with the aim of achieving carbon neutrality. The news article from May 2023, mentioned that it was unlikely that annual crude steel production will increase from the two facilities.[8] Operations were scheduled to start from 2025.[8]
In June 2023, POSCO Gwangyang placed an order with Tenova for an Electric Arc Furnace equipped with Consteel and Electromagnetic Stirrer Consterrer, as part of it decarbonisation pursuit. The EAF with capacity of 2500 ttpa will be able to reduce carbon emissions by about 3.5 million tons per year compared to blast furnace production.[9][10][11][12]
In February 2024, POSCO started construction of the EAF unit, which was expected to be completed by the end of 2025 and start operations in 2026. The total investment in the project is estimated at KRW 600 billion.[13]
Under the company's 2050 carbon neutrality roadmap POSCO plans to phase-out traditional blast furnace technology by 2050 and adopt renewable and green hydrogen-based steelmaking technology in its plants in South Korea.[14][15] POSCO plans to develop the hydrogen reduction steel plant by reclaiming land from sea which is expected to be completed by 2041 and begin full operation of hydrogen reduction steel facility by 2050.[16][17]
Low-emissions/green steelmaking
This steel plant is associated with a green steel project tracked in the Green Steel Tracker. Details about the project are included below.
Table 1: Green Steel Project Details
Project 1 | |
---|---|
Project name | Gwangyang |
Company | POSCO Holdings |
Company has climate goals? | Yes |
Location | Gwangyang, South Korea |
Project website | Not available |
Project scale | Full scale |
Project status | Construction |
Year to be online | 2026 |
Technology to be used | BF-BOF to EAF |
Technology details | EAF |
Iron production capacity (million tonnes per year) | Not stated |
Steel production capacity (million tonnes per year) | 2 |
CO2 capture (million tonnes CO2 per year) | Not applicable |
Hydrogen generation capacity (MW) | Not applicable |
Investment size (m USD) | 461.31 |
Partners | Consteel , Tenova |
Date of announcement | 2023-02-21 |
Plant Details
Table 2: General Plant Details
Construction date | Start date | Workforce size | Power source | Iron ore source | Coal source |
---|---|---|---|---|---|
1985[18] | 1987[19] | 4080[20] | unknown | Imported from Australia[21] | Imported from Australia[21] |
Table 3: Ownership and Parent Company Information
State-owned entity status | Parent company | Parent company PermID | Parent company GEM ID | Owner | Owner company PermID | Owner company GEM ID |
---|---|---|---|---|---|---|
Partial | POSCO Holdings Inc | 4295881204 | E100000000953 | POSCO Holdings Inc[22] | 4295881204 | E100000000953 |
Table 4: Process and Products
Steel product category | Steel products | Steel sector end users | ISO 14001 | ISO 50001 | Responsible steel | Main production equipment |
---|---|---|---|---|---|---|
finished rolled[23] | galvanized, wire rod, plate, stainless, cold rolled, hot rolled[23] | automotive, building and infrastructure, energy, steel packaging, tools and machinery, transport[23] | 2024-07-30[24][25] | 2024-09-25[24][25] | 2022-10-12[26] | BF; DRI; BOF; EAF |
Table 5: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)
Capacity operating status1 | Basic oxygen furnace steelmaking capacity | Electric arc furnace steelmaking capacity | Nominal crude steel capacity (total) |
---|---|---|---|
construction | – | 2500[27][28] | 2500[27][28] |
operating | 22999[29][28] | – | 22999[29][28] |
Table 6: Plant-level Crude Iron Production Capacities (thousand tonnes per annum)
Capacity operating status1 | Blast furnace capacity | Sponge iron/DRI capacity | Nominal iron capacity (total) |
---|---|---|---|
construction | – | 2500[30] | 2500[30] |
operating | 24750[31][32][33][34][35][36] | – | 24750[31][32][33][34][35][36] |
Table 7: Upstream Products Production Capacities (thousand tonnes per annum)
Ferronickel | Sinter | Coke | Pellets |
---|---|---|---|
54[37] | 8826[38] | 2850[38] | NF |
Table 8: Actual Plant-level Crude Steel Production by Year (thousand tonnes per annum)
Year | BOF production | Total (all routes) |
---|---|---|
2019 | 20631[39] | 20631[39] |
2020 | 20309[39] | 20309[39] |
2021 | 21643[18] | 21643[18] |
2022 | 19343[18] | 19343[18] |
2023 | 20171[18] | 20171[18] |
Table 9: Actual Plant-level Crude Iron Production by Year (thousand tonnes per annum)
Year | BF production | Other/unknown iron production |
---|---|---|
2019 | unknown | unknown |
2020 | unknown | unknown |
2021 | unknown | unknown |
2022 | unknown | unknown |
2023 | unknown | unknown |
Unit Details
Table 10: Blast Furnace Details
Unit name | Status | Construction date | Start date | Furnace manufacturer and model | Current size | Current capacity (ttpa) | Decarbonization technology | Most recent relining |
---|---|---|---|---|---|---|---|---|
BF 1 | operating[40] | – | 1987[36] | Davy International; POSCO[41][42] | 6000.0 m3[43][44] | 5650[36] | unknown | 2013-06-07[45] |
BF 2 | operating[40] | – | 1988[34][46] | Davy International; POSCO[41][42] | 4350.0 m3[47] | 4500[34] | unknown | 2003-05[48] |
BF 3 | operating[40] | – | 1990[49][32][46] | Davy International; POSCO[42][50] | 5500.0 m3[49][51] | 4600[32][35] | Upgraded in 2020 to an "eco-friendly" smart furnace, with little specific information about how the use of AI will reduce emissions.[49][33] | 2020-07-10[52] |
BF 4 | operating[53] | – | 1992[54] | Davy International; POSCO; Paul Wurth (parts)[55][56][42] | 5500.0 m3[44] | 5000[33] | Upgraded in 2022 to an "eco-friendly" smart furnace, with little specific information about how the use of AI will reduce emissions.[57] | 2022-06[58] |
BF 5 | operating[40] | 1996-10-15[46] | 2000[49][51] | Davy International; POSCO[41][42][50] | 5500.0 m3[44] | 5000[31] | unknown | 2016-06[59] |
Table 11: Direct Reduced Iron Furnace Details
Unit name | Status | Start date | Furnace manufacturer and model | Furnace type | Current capacity (ttpa) |
---|---|---|---|---|---|
unknown DRI (1) | construction[30] | 2026[60] | HyREX[30] | fluidized bed[61] | 2500[30] |
Table 12: Electric Arc Furnace Details
Unit name | Status | Construction date | Start date | Furnace manufacturer and model | Current capacity (ttpa) | Current size (tonnes) |
---|---|---|---|---|---|---|
unknown EAF (1) | construction[30] | 2024-02-06[30][62] | 2026[30][63] | Tenova and ABB Consteel and Electromagnetic Stirrer Consteerrer equipped EAF[63][63] | 2500[27][28] | 280.0[64] |
Table 13: Electric Arc Furnace Feedstock Details
Unit name | Scrap-based | % scrap | % basic/merchant pig iron |
---|---|---|---|
unknown EAF (1) | yes[63] | >0[63] | >0[63] |
Table 14: Basic Oxygen Furnace Details
Unit name | Status | Construction date | Start date | Furnace manufacturer and model | Current capacity (ttpa) | Current size |
---|---|---|---|---|---|---|
unknown BOF (1) | operating[65] | – | 1986[46] | LD converter[29] | 2867[29][28] | 280.0 tonnes[29] |
unknown BOF (2) | operating[65] | – | 1987[29] | LD converter[29] | 2867[29][28] | 280.0 tonnes[29] |
unknown BOF (3) | operating[65] | – | 1987[29] | LD converter[29] | 2867[29][28] | 280.0 tonnes[29] |
unknown BOF (4) | operating[65] | – | 1990[29] | LD Converter[29] | 2888[29][28] | 282.0 tonnes[29] |
unknown BOF (5) | operating[65] | – | 1990[29] | LD Converter[29] | 2888[29][28] | 282.0 tonnes[29] |
unknown BOF (6) | operating[65] | – | 1990[29] | LD Converter[29] | 2888[29][28] | 282.0 tonnes[29] |
unknown BOF (7) | operating[65] | 2008-02[66] | 2010[29][66] | POSCO E&C LD Converter[66][29] | 2867[29][28] | 280.0 tonnes[49][51][66] |
unknown BOF (8) | operating[65] | 2008-02[66] | 2010[29][66] | POSCO E&C LD Converter[66][29] | 2867[29][28] | 280.0 tonnes[49][51][66] |
Articles and Resources
Additional data
To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.
References
- ↑ "POSCO". web.archive.org. 2008-08-28. Retrieved 2023-12-05.
- ↑ "Posco's world's largest steel mill in Gwangyang boosts capacity by 10% after renovation - Pulse by Maeil Business News Korea". pulsenews.co.kr (in 한국어). Retrieved 2023-12-05.
- ↑ "POSCO Gets "Smart" with Pohang Blast Furnace No.3". newsroom.posco.com. Retrieved 2023-12-05.
- ↑ 4.0 4.1 "POSCO Gwangyang No.3 Blast Furnace Reborn into a Smart & Sustainable Furnace". Archived from the original on January 27, 2022. Retrieved January 27, 2022.
- ↑ "Posco's world's largest steel mill in Gwangyang boosts capacity by 10% after renovation". Pulse by Maeil Business News Korea. Archived from the original on March 20, 2022. Retrieved March 20, 2022.
- ↑ Fitch Ratings (May 16, 2022). "Fitch Affirms Jiangsu Shagang Group at 'BBB-'; Outlook Stable". www.fitchratings.com. Retrieved 2023-03-28.
{{cite web}}
: CS1 maint: url-status (link) - ↑ Steel Plant Explosion in South Korea Kills 3 Workers, IFW Staff, Nov. 25, 2020
- ↑ 8.0 8.1 SteelMint. "South Korea: Posco scaling up EAF investments to cut down on blast furnace iron-making". SteelMint Info Services. Retrieved 2023-09-29.
- ↑ "Tenova for POSCO Gwangyang plant | Tenova". tenova.com. 2023-06-07. Retrieved 2023-12-05.
- ↑ "POSCO Selects Tenova for KRW600 Billion EAF Installation (Update)". AIST. 21 June, 2023. Retrieved 05 December, 2023.
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: Check date values in:|access-date=
and|date=
(help)CS1 maint: url-status (link) - ↑ "Posco plans EAF construction at Gwangyang plant | SEAISI". www.seaisi.org. Retrieved 2023-12-05.
- ↑ "POSCO starts construction of electric arc furnace at Gwangyang plant — News — GMK Center". GMK. 1707322275. Retrieved 2025-01-02.
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(help) - ↑ "POSCO starts construction of electric arc furnace at Gwangyang plant — News — GMK Center". GMK. 1707322275. Retrieved 2025-01-02.
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(help) - ↑ POSCO. "Carbon Neutral Strategy - Carbon Neutrality - POSCO". www.posco.co.kr (in 한국어). Retrieved 2023-09-29.
- ↑ "[Press Release] Ditching coal in steelmaking could save over 9,000 lives, new study shows". Retrieved 2023-09-29.
- ↑ "POSCO Group to invest $93 bn by 2030 to build hydrogen reduction steel plant - Pulse by Maeil Business News Korea". m.pulsenews.co.kr (in 한국어). Retrieved 2023-12-05.
- ↑ Kwak, Young-Sup (2023-04-19). "Top steelmaker POSCO eyes big investment in Gwangyang plant". Yonhap News Agency. Retrieved 2023-12-05.
- ↑ 18.0 18.1 18.2 18.3 18.4 18.5 18.6 (PDF) https://www.posco-inc.com:4453/resource/v3/file/investor/2023Form20-F.pdf.
{{cite web}}
: Missing or empty|title=
(help) - ↑ https://web.archive.org/web/20211004030221/https://www.posco.co.kr/homepage/docs/eng6/jsp/company/posco/s91a1000012c.jsp. Archived from the original on 2021-10-04.
{{cite web}}
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(help) - ↑ https://web.archive.org/web/20220120200852/https://www.koreatimes.co.kr/www/tech/2020/03/693_278804.html. Archived from the original on 2022-01-20.
{{cite web}}
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(help) - ↑ 21.0 21.1 https://web.archive.org/web/20230130022053/https://austchamkorea.org/2018/09/05/posco_gwangyang_tour/. Archived from the original on 2023-01-30.
{{cite web}}
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(help) - ↑ https://web.archive.org/web/20220111174949/https://www.posco.co.kr/homepage/docs/eng6/jsp/company/control/s91a1000010c.jsp. Archived from the original on 2022-01-11.
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(help) - ↑ 23.0 23.1 23.2 https://web.archive.org/web/20220120105955/http://product.posco.com/homepage/product/eng/jsp/s91m0000001i.jsp. Archived from the original on 2022-01-20.
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(help) - ↑ 24.0 24.1 https://web.archive.org/web/20220319011303/https://newsroom.posco.com/en/posco-receives-iso-50001-the-international-standard-of-energy-management-system/. Archived from the original on 2022-03-19.
{{cite web}}
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(help) - ↑ 25.0 25.1 https://sustainability.posco.com/S91/S91F10/kor/UI-PK_W033.do.
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(help) - ↑ "Issued and Ongoing Certifications". Responsible Steel. Archived from the original on 2022-03-19.
- ↑ 27.0 27.1 27.2 https://web.archive.org/web/20240905165746/https://gmk.center/en/news/posco-increased-steel-output-by-4-1-q-q-in-q2/. Archived from the original on 2024-09-05.
{{cite web}}
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(help) - ↑ 28.00 28.01 28.02 28.03 28.04 28.05 28.06 28.07 28.08 28.09 28.10 28.11 28.12 https://web.archive.org/web/20220627062116/https://www.steelmint.com/insights/south-korea-posco-scaling-up-eaf-investments-to-cut-down-on-blast-furnace-iron-making-262363. Archived from the original on 2022-06-27.
{{cite web}}
: Missing or empty|title=
(help) - ↑ 29.00 29.01 29.02 29.03 29.04 29.05 29.06 29.07 29.08 29.09 29.10 29.11 29.12 29.13 29.14 29.15 29.16 29.17 29.18 29.19 29.20 29.21 29.22 29.23 29.24 29.25 29.26 29.27 29.28 29.29 29.30 https://imis.aist.org/store/detail.aspx?id=PR-RU2024-1.
{{cite web}}
: Missing or empty|title=
(help) - ↑ 30.0 30.1 30.2 30.3 30.4 30.5 30.6 30.7 https://web.archive.org/web/20240214053803/https://gmk.center/en/news/posco-starts-construction-of-electric-arc-furnace-at-gwangyang-plant/. Archived from the original on 2024-02-14.
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(help) - ↑ 31.0 31.1 31.2 https://www.poscoenc.com:446/en/business_areas/project.aspx?brpt=152.
{{cite web}}
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(help) - ↑ 32.0 32.1 32.2 32.3 https://www.koreaittimes.com/news/articleView.html?idxno=98972.
{{cite web}}
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(help) - ↑ 33.0 33.1 33.2 33.3 https://en.yna.co.kr/view/AEN20220610002200320.
{{cite web}}
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(help) - ↑ 34.0 34.1 34.2 34.3 https://pulsenews.co.kr/view.php?year=2020&no=524957.
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(help) - ↑ 35.0 35.1 35.2 https://web.archive.org/web/20201113160055/https://www.argusmedia.com/en/news/2113015-posco-delays-restart-of-koreas-gwangyang-blast-furnace. Archived from the original on 2020-11-13.
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(help) - ↑ 36.0 36.1 36.2 36.3 https://web.archive.org/web/20221220010338/http://www.newsworld.co.kr/detail.htm?no=937. Archived from the original on 2022-12-20.
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(help) - ↑ 38.0 38.1 https://web.archive.org/web/20240806152708/https://www.scribd.com/document/331132828/Project-List-Steel-Plants. Archived from the original on 2024-08-06.
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(help) - ↑ 39.0 39.1 39.2 39.3 (PDF) https://www.posco-inc.com:4453/resource/dn/investor/form20f/2020Form20-F.pdf.
{{cite web}}
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(help) - ↑ 40.0 40.1 40.2 40.3 http://www.koreaittimes.com/news/articleView.html?idxno=60255.
{{cite web}}
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(help) - ↑ 41.0 41.1 41.2 https://studylib.net/doc/5535054/design-features-of-indian-blast-furnaces.
{{cite web}}
: Missing or empty|title=
(help) - ↑ 42.0 42.1 42.2 42.3 42.4 https://www.proquest.com/docview/1370926548?pq-origsite=gscholar&fromopenview=true.
{{cite web}}
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(help) - ↑ http://www.posco-inc.com/poscoinc/v3/eng/company/s91e1000610c.jsp.
{{cite web}}
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(help) - ↑ 44.0 44.1 44.2 https://web.archive.org/web/20220528110121/https://newsroom.posco.com/en/posco-gets-smart-pohang-blast-furnace-no-3/. Archived from the original on 2022-05-28.
{{cite web}}
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(help) - ↑ (PDF) https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf https://www.steelbb.spglobal.com/?PageID=157&article_id=121015, https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf.
{{cite web}}
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value (help); Missing or empty|title=
(help) - ↑ 46.0 46.1 46.2 46.3 (PDF) https://web.archive.org/web/20220213234515/https://www.posco.co.kr/homepage/docs/eng6/jsp/dn/company/posco/Photo_History_of_POSCO.pdf. Archived from the original (PDF) on 2022-02-13.
{{cite web}}
: Missing or empty|title=
(help) - ↑ https://pulse.mk.co.kr/news/english/9351586.
{{cite web}}
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(help) - ↑ (PDF) https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf https://pulsenews.co.kr/view.php?year=2020&no=524957, https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf.
{{cite web}}
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value (help); Missing or empty|title=
(help) - ↑ 49.0 49.1 49.2 49.3 49.4 49.5 https://web.archive.org/web/20201030163942/https://newsroom.posco.com/en/posco-gwangyang-no-3-blast-furnace-reborn-into-a-smart-sustainable-furnace/. Archived from the original on 2020-10-30.
{{cite web}}
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(help) - ↑ 50.0 50.1 https://www.yumpu.com/en/document/read/13753841/steel-plant.
{{cite web}}
: Missing or empty|title=
(help) - ↑ 51.0 51.1 51.2 51.3 https://web.archive.org/web/20220126211256/https://www.posco.co.kr/homepage/docs/eng6/jsp/company/posco/s91a1000015c.jsp. Archived from the original on 2022-01-26.
{{cite web}}
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(help) - ↑ (PDF) https://www.argusmedia.com/en/news/2113015-posco-delays-restart-of-koreas-gwangyang-blast-furnace, https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf https://www.koreaittimes.com/news/articleView.html?idxno=98972, https://www.argusmedia.com/en/news/2113015-posco-delays-restart-of-koreas-gwangyang-blast-furnace, https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf.
{{cite web}}
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value (help); Missing or empty|title=
(help) - ↑ https://www.aist.org/news/steel-news/2022/june/13-17-june-2022/posco-restarts-rebuilt-blast-furnace.
{{cite web}}
: Missing or empty|title=
(help) - ↑ https://web.archive.org/web/20230329163501/http://www.koreapost.com/news/articleView.html?idxno=28543. Archived from the original on 2023-03-29.
{{cite web}}
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(help) - ↑ (PDF) https://web.archive.org/web/20220929093913/https://www.paulwurth.com/wp-content/uploads/2020/08/Brochure-Refractory-and-Engineering-Hot-Blast-Stoves-en.pdf. Archived from the original (PDF) on 2022-09-29.
{{cite web}}
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(help) - ↑ https://web.archive.org/web/20220521132413/https://newsroom.posco.com/en/meet-the-ai-blast-furnace-of-pohang-works/. Archived from the original on 2022-05-21.
{{cite web}}
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(help) - ↑ https://web.archive.org/web/20220622041343/https://www.kedglobal.com/steel/newsView/ked202206120001. Archived from the original on 2022-06-22.
{{cite web}}
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(help) - ↑ (PDF) https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf https://www.kedglobal.com/steel/newsView/ked202206120001, https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf.
{{cite web}}
: Check|url=
value (help); Missing or empty|title=
(help) - ↑ (PDF) https://www.poscoenc.com:446/en/business_areas/project.aspx?brpt=152, https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf https://pulsenews.co.kr/view.php?no=410215&year=2016, https://www.poscoenc.com:446/en/business_areas/project.aspx?brpt=152, https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf.
{{cite web}}
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value (help); Missing or empty|title=
(help) - ↑ https://assets.wwf.org.au/image/upload/file_WWF_Green_Iron_Report?_a=ATO2Ba20.
{{cite web}}
: Missing or empty|title=
(help) - ↑ https://www.primetals.com/press-media/news/primetals-technologies-and-posco-sign-cooperation-agreement-for-hyrex-direct-reduction-plant.
{{cite web}}
: Missing or empty|title=
(help) - ↑ https://web.archive.org/web/20240212201151/https://www.seaisi.org/details/24227?type=news-rooms. Archived from the original on 2024-02-12.
{{cite web}}
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(help) - ↑ 63.0 63.1 63.2 63.3 63.4 63.5 https://web.archive.org/web/20240913173300/https://tenova.com/newsroom/latest-tenova/tenova-posco-gwangyang-plant. Archived from the original on 2024-09-13.
{{cite web}}
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(help) - ↑ https://web.archive.org/web/20240923213651/https://www.aist.org/404. Archived from the original on 23 September 2024.
{{cite web}}
: Missing or empty|title=
(help) - ↑ 65.0 65.1 65.2 65.3 65.4 65.5 65.6 65.7 https://web.archive.org/web/20240130193624/https://www.primetals.com/press-media/news/posco-brings-converter-with-tilting-drive-modernized-by-primetals-technologies-into-operation-in-gwangyang. Archived from the original on 2024-01-30.
{{cite web}}
: Missing or empty|title=
(help) - ↑ 66.0 66.1 66.2 66.3 66.4 66.5 66.6 66.7 (PDF) https://web.archive.org/web/20240906190749/https://m-brochure.poscoenc.com/en/documents/Projects-List_Plant.pdf. Archived from the original (PDF) on 2024-09-06.
{{cite web}}
: Missing or empty|title=
(help)