- CEO Choi was inaugurated as the chairman of worldsteel at
the Annual General Meeting held in Brussels, Belgium, on October 18.
- POSCO Group won two Steelie Awards in the categories of
innovation, sustainability, while its Smart Safety Ball was
selected as an outstanding practice.
- "While the key to eco-friendly future material is steel,
we will lay the foundation for the commercialization of Hydrogen
Reduction (HyREX) technology," said Choi.
SEOUL, South Korea,
Oct. 20, 2022 /PRNewswire/
-- POSCO Group CEO, Jeong-woo Choi was inaugurated as the 44th
chairman of worldsteel at the annual general meeting held in
Brussels, Belgium, on October 18 (local time).
Choi will represent the world's steel industry, together with
Chairman Sajjan Jinda of Jindal
Steel Works Limited India and CEO Leon
Topalian of Nucor, who are the vice chairmen of
worldsteel. The executive management of worldsteel is led by
one chairman and two vice chairmen, with a three-year-term in
office.
Choi served as vice chairman over the year after being appointed
to the executive management of worldsteel in October 2021, as he was credited for his
outstanding management achievement and global leadership with which
he successfully organized the Hydrogen Iron & Steel (HyIS)
Making Forum to discuss HyREX technology as the first of its kind
in the steel industry.
He has become the 4th chairman of worldsteel from POSCO Group,
following Man-jae Kim (1996 ~ 1997), Goo-taek Lee (2007 ~ 2008),
and Joon-yang Jung (2013 ~ 2014).
"Steel will be the key to eco-friendly future materials. We will
strive to encourage all the steel companies to work together to lay
the foundation for commercialization of HyREX technology and
address the current industrial challenges such as carbon neutrality
and ESG management," said Choi.
Meanwhile, POSCO won two prizes at the 2022 Steelie Awards
this year in the categories of innovation, sustainability organized
by worldsteel, held during the annual general meeting days starting
from October 16. POSCO was
acknowledged for its certified program for safety and health as a
best practice.
The Steelie Awards recognize outstanding steel companies as well
as members of worldsteel which make contributions to the
development of the steel industry every year, starting from 2010.
The Awards are grouped into six categories: low-carbon steel
production, innovation, sustainability, life cycle assessment,
education and training, and communications programs.
In the "Innovation of the year," the technology of "fast current
electrochemical pickling" for wide stainless material (over 1200mm
in width) was recognized.
The technology was developed as the first of its kind in the
world by POSCO. With this technology, alternating current is
utilized to remove pollutants from wide stainless products and
clean up the surface through the pickling process at a high
speed.
This technology enables reducing the use of mixed acid, a
chemical used in the traditional pickling process, which can also
reduce the environmental effect. Also, the technology can be
applied to the production of other products, such as carbon steel
which requires the pickling process.
In the "Excellence in sustainability," POSCO's rendering of
shell waste to resources was awarded.
Based on the idea that the main component of the shell is
similar to limestone, POSCO successfully developed a technology to
replace limestone with processed shell waste in the sintering
process of turning iron ore into chunks.
The rendering case of shell waste was highly valued in that the
technology can achieve the reduction of greenhouse gas, enhance the
awareness for going green in the steel industry, and address the
environmental problems of local communities, including wastewater
and bad smell.
In the Steelie Awards, POSCO is the one and only Korean winner,
who received the awards eight times in total: five times in
innovation (2012, 2015, 2017, 2019, 2021), two times in
sustainability (2010, 2020), and one time in communications
programs (2021).
The Smart Safety Ball was certified as a good practice in the
safety and health field, which is the world's first detection
device for harmful gas, developed by POSCO. The certification this
year is POSCO's 3rd achievement, following the POSCO-way safety
program (2010) and Safety Golden
Bell (2020).
With 60mm in diameter and 100g in weight, Smart Safety Ball
enables checking of the concentration level of three types of gases
(oxygen, carbon monoxide, and hydrogen sulfide). If it is thrown to
a closed space either during operation or before maintenance work,
the Ball can immediately detect the gas concentration and prevent
safety accidents.
The measured figures can be identified both simultaneously and
remotely. Once the danger is detected, the warning alert and
location data are sent to colleagues and managers.
According to World Steel Dynamics (WSD), the global leading
steel information service, POSCO was selected as No. 1 for 12
consecutive years as the world's most competitive steel company. In
2018 and 2020, POSCO was awarded the Best Steel Company Award
selected by S&P Global Platts. Also, being selected as the
member with the best sustainability by worldsteel this April, POSCO
has been recognized as the most competitive steel player in the
world.
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