[SMM Steel] South Korea approves POSCO’s hydrogen-based steelmaking site in Pohang

Published: Apr 2, 2026 16:26

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[SMM Steel] South Korea’s Ministry of Land, Infrastructure and Transport has officially approved the development of a 1.34 million m2 site for POSCO’s hydrogen-based steel plant in Pohang via coastal reclamation. The project, including the HyREX pilot facility, targets a 300,000 mt annual capacity by 2028 and is a cornerstone of South Korea’s strategy to commercialize hydrogen steelmaking by 2030.

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