research REthinking Hyundai’s ‘eco’ steel: How fossil fuels threaten the brand
2025-02-04
Steel
Why
Despite significant greenhouse gas emissions from steel companies like POSCO, regulations remain lax, and the transition to green steel is slow. The government's and companies' attitudes have not shifted quickly enough, leading to stagnant carbon emissions. This raises concerns about losing industrial competitiveness amid growing international carbon regulations.
Goal
We aim to significantly reduce carbon emissions in the steel industry through the phased closure of blast furnaces and the transition to hydrogen-based steel production. By doing so, we hope to contribute to achieving the international community’s goal of limiting global warming to 1.5 degrees Celsius.
Related Content
research 
research Hyundai Steel's Insufficient Decarbonization Roadmap: A Setback to Hyundai Motor Company’s Net Zero Ambitions?
2025-01-23
research Extending the Lifespan of Gwangyang No.2 Blast Furnace: A Backward Step for Carbon Neutrality
2024-10-28
research Enabling the Green Steel Future - Unlocking Government-led Investment in Core Technology Development for Carbon Neutrality
2024-07-31
research Green Steel Economics - Comparing Economics of Green H2-DRI and Traditional Steelmaking Around the World
2024-07-31
research End the Free Emissions: Recommendations for Reforming K-ETS Based on Market Activation Scenario Analysis
2024-06-12
research Exploring Climate Risk and Its Potential Financial Impacts with POSCO Holdings
2024-03-19
research POSCO Profile No. 2 - The Journey Toward Greenwashing: Greenate
2024-03-15
research POSCO Profile No. 1 - Coal Tomorrow with POSCO: Doubts Rising on Korean Steelmaker’s Net-Zero Future
2023-10-06
research Industry Trends Brief No.1: Korean Government's Low Carbon Steel Production Strategy
2023-04-17
![[CREA-SFOC] Unveiling the Truth Behind Blast Furnace Pollution_South Korea](https://content.sfoc.tapahalab.com/images/research/C4Xvdme.jpg)
research [CREA-SFOC] Unveiling the Truth Behind Blast Furnace Pollution_South Korea
2022-11-28
research Revisiting Korean Green Public Procurement Policies to Promote Green Steel Demand
2022-08-10
research Steel Sector Pathways for Korea's 2050 Carbon Neutrality
2022-03-14
research Opportunities and Challenges for the Steel Industry to Become Carbon Neutral by 2050
2021-11-25
research The South Korea Steel Industry and Carbon Neutrality: Responses, Issues and Policy Recommendations
2021-11-25
Latest
![[Press Release] Hyundai Steel - a key enabler or Achilles’ heel of Hyundai Motor Group?](https://content.sfoc.tapahalab.com/images/newsroom/SsTapke.jpg)
news [Press Release] Hyundai Steel - a key enabler or Achilles’ heel of Hyundai Motor Group?
2025-01-23
![[Press Release] South Korea’s major carbon emitters, Samsung and POSCO, called out during climate march](https://content.forourclimate.org/images/newsroom/wcq5pXe.jpeg)
news [Press Release] South Korea’s major carbon emitters, Samsung and POSCO, called out during climate march
2024-09-07
news Civil society calls on German automakers to phase out dirty coal-based steel
2024-08-05