POSCO Future M develops technology to make electrode rods

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POSCO Future M Co., a battery material and steel manufacturing equipment supplier, said on Thursday it has developed electrode rods manufacturing technology for the first time as a South Korean company amid stricter export controls on key industrial materials by major economies.

The unit of POSCO Group will consider commercializing its electrode rods in cooperation with its steelmaking affiliate that completed electric furnaces at the Gwangyang steel plant in South Jeolla Province early this year.

In line with environmental, social and governance management, demand is growing for high-density electrode rods fitting with electric furnaces emitting less carbon than blast furnaces.

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Category: Economy

Markets: South KoreaChinaIndiaJapan

Topics: Manufacturing South Future Posco Electrode Technology Steel Rods Electric Furnaces Korean

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 14:41:25 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 219 words

Reading Time: 2 minutes read

Sentences: 15 lines

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Copyright Owner: © Korea Economic Daily

News ID: 24369349

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