SEOUL/TOKYO -- South Korean steelmaker POSCO Holdings will invest 20 trillion won ($14 billion) in technologies to mitigate its environmental impact amid mounting pressure on the industry to cut its hefty greenhouse gas emissions.
Materials
POSCO to invest $14bn in low-emissions steel production
Electric furnaces and hydrogen technology aim to cut carbon output 10% by 2030
POSCO will adopt hydrogen technology to overseas, including Indonesia. (Photo is POSCO's blast furnace mill in Indonesia, courtesy of POSCO)
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