POSCO Holdings joins South Korea K-GX project to build steel decarbonization ecosystem around HyREX
PKX•POSCO Holdings joined South Korea’s K-GX strategy with a Steel GX plan centered on HyREX hydrogen-reduction steelmaking. The plan includes a 300,000-ton-a-year demonstration facility by 2028 and projects KRW 6 trillion in regional impact, 14,000 jobs and annual carbon cuts of 560,000 tons.
1. HyREX demonstration plans
POSCO Holdings plans to build a decarbonized steel ecosystem through its Steel GX plan under South Korea’s K-GX strategy, with HyREX hydrogen-reduction steelmaking as its core technology. The Pohang-led southeastern cluster is targeted first, including a 300,000-ton-a-year HyREX demonstration facility by 2028; expansion to a Gwangyang-centered southwestern cluster is planned after the initial model is validated. The project’s projected regional impact is KRW 6 trillion, with 14,000 jobs and annual carbon cuts of 560,000 tons.
