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		<title>SteelKorea 2019 &#8211; Official POSCO Group Newsroom</title>
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            <title>SteelKorea 2019 &#8211; Official POSCO Group Newsroom</title>
            <link>https://newsroom.posco.com/en</link>
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        <currentYear>2019</currentYear>
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		<description>What's New on POSCO Newsroom</description>
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				<title>Actually, Steel Is Light</title>
				<link>https://newsroom.posco.com/en/steel-is-light/</link>
				<pubDate>Fri, 21 Jun 2019 21:00:23 +0000</pubDate>
				<dc:creator><![CDATA[Toshio Isohara]]></dc:creator>
						<category><![CDATA[POSCO Reports]]></category>
		<category><![CDATA[Japan Iron and Steel Federation]]></category>
		<category><![CDATA[LCA]]></category>
		<category><![CDATA[life cycle assessment]]></category>
		<category><![CDATA[SteelKorea 2019]]></category>
		<category><![CDATA[SteelSaveEarth]]></category>
									<description><![CDATA[On June 4, Korea Iron &#38; Steel Association (KOSA) hosted the 20th Steel Day and SteelKorea 2019 at POSCO Center in Seoul to celebrate the 20th National]]></description>
																<content:encoded><![CDATA[<p>On June 4, Korea Iron &amp; Steel Association (KOSA) hosted the 20th Steel Day and SteelKorea 2019 at POSCO Center in Seoul to celebrate the 20th National Steel Day. About 400 industry stakeholders attended the event.</p>
<p>In an effort to pave a path to sustainable industry future, SteelKorea 2019 dedicated a session to the industry’s up-and-coming concept, Life Cycle Assessment (LCA). Toshio Isohara, an LCA specialist from the Japan Iron and Steel Federation (JISF), presented his research on the topic. What insights does his work provide for POSCO who has been making a sizable investment towards clean steel initiative since its establishment? POSCO’s Newsroom reports.</p>
<hr />
<h2>l Throughout Life Cycle, Steel Is Environmentally Friendly</h2>
<p>How sustainable is steel? Demonstrating the sustainability of steel in comparison to other materials involves applying the LCA approach.</p>
<p>LCA refers to Life Cycle Assessment, which is a technique to evaluate environmental impacts associated with all the stages of a product’s life from raw material extraction, through manufacture, to disposal and recycling.</p>
<p>When applying the LCA approach, the environmental impact of steel becomes much less compared to other materials. In other words, steel is more sustainable.</p>
<p>Just how sustainable is steel, really?</p>
<p><strong><u>(1) Steel equals high carbon emission? Per-kilo emission is low!</u></strong><br />
Steel is often blamed for high carbon emission, but that can be attributed to the high volume of steel production, not steel itself. When it comes to per-kilogram CO2 emission, the CO2 output is significantly less than other materials.</p>
<p>The CO2 emission from the steel manufacturing process is less than other major lightweight materials. However, since steel production is overwhelmingly massive compared to other materials, the total amount becomes much higher. The chart below demonstrates when producing automotive parts of the identical function, the amount of CO2 emission of steel is much less.</p>
<div id="attachment_17940" style="width: 970px" class="wp-caption alignnone"><img class="size-full wp-image-17940" src="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_01.png" alt="" width="960" height="500" srcset="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_01.png 960w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_01-800x417.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_01-768x400.png 768w" sizes="(max-width: 960px) 100vw, 960px" /><p class="wp-caption-text">▲ Presented by Toshio Isohara at SteelKorea 2019</p></div>
<p>Let&#8217;s compare aluminum with advanced high-strength steel (AHSS). Assuming the production of same auto parts with identical function, 75 kg of AHSS will be required – for aluminum, only 67 kg will be needed. In this scenario alone, aluminum is the clear winner. However, the CO2 emission of AHSS at the production stage is 2.3 kg per kilogram – however, aluminum emits 11.3 kg of CO2 per kilogram. The CO2 generated by AHSS is about 20% of CO2 emission by aluminum.</p>
<p><strong><u><br />
(2) High-strength steel – sustainable and lightweight</u></strong><br />
Per same strength, the weight of steel is getting even lighter than aluminum. Applying lightweight steel to vehicles improves fuel efficiency while contributing to reducing greenhouse gas (GHG) emission.</p>
<div id="attachment_17962" style="width: 970px" class="wp-caption alignnone"><img class="size-full wp-image-17962" src="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-is-Light-02-Revised.png" alt="" width="960" height="535" srcset="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-is-Light-02-Revised.png 960w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-is-Light-02-Revised-800x446.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-is-Light-02-Revised-768x428.png 768w" sizes="(max-width: 960px) 100vw, 960px" /><p class="wp-caption-text">▲ Presented by Toshio Isohara at SteelKorea 2019</p></div>
<p>The strength of steel exceeds almost every material presented above save for the carbon fiber. The range of strength is also widespread, so it can be applied to automobiles, strand wires, tire cords, etc. Furthermore, with the theoretical strength at 10,400MPa, steel exceeds that of aluminum (3,500MPa) or concrete (6,400MPa), which means steel has even more potential for lightweighting. As technology advances, when building vehicles of identical strength, the required thickness for steel gets lower and lower, bringing down the overall car weights – all in all reducing total environmental impacts.</p>
<p><strong><u><br />
(3) The more, the better: multiple recyclability of steel</u></strong><br />
The magnetic nature of steel makes it easy to separate from other materials boosting its recyclability. Once scrap steel is separated, it doesn’t get used straight away but any residue of chemical impurities must be separated so only pure steel can be extracted and recycled. Any impurities in steel scrap can be easily removed through oxidation process through which whole new steel is born.</p>
<p>How do we quantify and calculate the recycling effect of steel? The premise behind such calculation is that steel follows ‘closed-loop’ system and can be recycled infinitely. Most materials are ‘open-loop’ in which case downcycling occurs. Downcycling deteriorates the value of original material whereas steel retains its original value even when recycled. The following graph describes the steel recycling rate in construction, which is much higher than concrete or wood.</p>
<div id="attachment_17942" style="width: 970px" class="wp-caption alignnone"><img class="size-full wp-image-17942" src="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_03.png" alt="" width="960" height="505" srcset="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_03.png 960w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_03-800x421.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_03-768x404.png 768w" sizes="(max-width: 960px) 100vw, 960px" /><p class="wp-caption-text">▲ Presented by Toshio Isohara at SteelKorea 2019</p></div>
<p>Now, let&#8217;s calculate the recycling effects of steel. In the past, the calculation only considered the first cycle of recycling. However, when taking steel’s multi-recyclability into consideration, the amount of CO2 generated in the entire process should be divided by the total amount of steel production.</p>
<div id="attachment_17943" style="width: 970px" class="wp-caption alignnone"><img class="size-full wp-image-17943" src="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_04.png" alt="" width="960" height="670" srcset="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_04.png 960w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_04-800x558.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_04-768x536.png 768w" sizes="(max-width: 960px) 100vw, 960px" /><p class="wp-caption-text">Source: JSIF &#8211; Presented by Toshio Isohara at SteelKorea 2019</p></div>
<p>The above calculation takes a product’s whole life cycle into consideration. A is the amount of steel production, and B is the amount of CO2 in the same stage. Both A and B in the primary production stage are set at 1.00. At the second production stage, using steel scrap – the total amount of steel becomes 1.81 (1.00+0.81), and the total CO2 at the same stage becomes 1.20 (1.00 + 0.20).</p>
<p>The amount of CO2 generated per steel production (B divided by A) reduces to 0.67 at the second stage (1st stage 1.00). Using the same calculation, the amount of CO2 per steel production at the third stage becomes 0.55 – almost halved when compared to the first stage of 1.00. From such LCA perspective, it can be surmised that the rate of CO2 emission gradually reduces because of the infinite recyclability of steel in a closed-loop system.</p>
<p>&nbsp;</p>
<h2>l l Promoting steel sustainability</h2>
<p>Steel sustainability is of little use if it doesn’t become common knowledge. That’s why JISF is taking meticulous steps to promote the eco-friendliness of steel by recycling water and steel byproducts like slags while striving to improve energy efficiency.</p>
<div id="attachment_17944" style="width: 970px" class="wp-caption alignnone"><img class="size-full wp-image-17944" src="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_05.png" alt="" width="960" height="745" srcset="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_05.png 960w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_05-800x621.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_05-768x596.png 768w" sizes="(max-width: 960px) 100vw, 960px" /><p class="wp-caption-text">▲ Environment-related activities of the Japan Steel Federation reported to the UN SDGs (Sustainable Development Goals)</p></div>
<p>More specifically, under the three pillars of Eco Process, Eco Product, and Eco Solution, JISF strives to reduce environmental impacts in the entire life cycle of steel. Japan’s spirit of Monozukuri plays a particularly important role here.</p>
<p><em>* Monozukuri refers to the spirit of Japan’s manufacturing practices. It includes a sincere attitude towards production with pride, skill, dedication and the pursuit of innovation and perfection.</em></p>
<div id="attachment_17945" style="width: 970px" class="wp-caption alignnone"><img class="size-full wp-image-17945" src="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_06.png" alt="" width="960" height="560" srcset="https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_06.png 960w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_06-800x467.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/Steel-light_06-768x448.png 768w" sizes="(max-width: 960px) 100vw, 960px" /><p class="wp-caption-text">▲ Source: JISF – Presented by Toshio Isohara at SteelKorea 2019</p></div>
<p>Currently, JISF is developing COURSE50, a blast furnace technology utilizing hydrogen. What lies at the heart of this technology is the reduction of CO2 by transforming iron ore into hydrogen, which can reduce CO2 emissions by approximately 30%. Research and development are underway to commercialize it by 2050.</p>
<p>There is also an effort to develop Japanese industry standard (JIS Q 20915) in parallel with the international standard, ISO 20915. This standard requires recycling effects to be included in the calculation of LCI. The early draft version of the JIS Q 20915 has been adopted last March, and the full transfer just completed on June 20.</p>
<p><em>**LCI refers to Life Cycle Inventory. LCI involves the compilation and quantification of inputs and outputs for a product throughout its life cycle. Inventory flows include inputs of water, energy, and raw materials, and releases to air, land, and water.</em></p>
<p>In addition, JISF’s LCA-focused exhibition, Eco Pro, was favorably received both by visitors and the industry in the eco-friendly product exhibition held in Tokyo in 2017 and 2018 – visitors had the opportunities to appreciate the value of steel from an LCA perspective.</p>
<div id="attachment_61003" style="width: 1929px" class="wp-caption aligncenter"><img class="wp-image-61003 size-full" src="https://dh4drhh3phab.cloudfront.net/kr/wp-content/uploads/2019/06/image-2.png" alt="LIFE CYCLE ASSESSMENT" width="1919" height="1020" /><p class="wp-caption-text">▲ LCA promotion clip from NSC: Nippon Steel Corporation:  <a href="https://www.nipponsteel.com/en/company/video/lca.html" target="_blank" rel="noopener">Click to watch</a></p></div>
<p>JISF’s endeavor to promote steel sustainability from LCA perspective bore fruit in the form of Grand Prize at the Japan LCA Forum Awards, sponsored by the Japan LCA Association. JISF also produced promotional video clips on steel recyclability. It can be streamed online but will also be promoted on public transportation like trains, in the hope to raise public and industry awareness on the sustainability of steel.</p>
<p>&nbsp;</p>
<h2>l Persistence is the key for disseminating LCA perspective</h2>
<p>In the world we live in, where environment issue is a matter of global concern, steel is undeniably a competitive material. From the LCA perspective, JISF will seek constant communication with our consumers as well as with end users in order to publicize the sustainability of steel. Along with industry stakeholders, we will do our part, and more, to help improve the global environment by advancing steel sustainability and developing quality products.</p>
<p style="text-align: center;"><strong><span style="font-size: 13.5px;">※ This article is based on Mr. Toshio Isohara&#8217;s presentation at SteelKorea 2019 and the article published in ‘Japan Steel Daily Report Vol.20’ in December 2017.</span></strong></p>
<p>&nbsp;</p>
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				<title>KOSA Hosts the 20th Steel Day and SteelKorea 2019 at POSCO Seoul Center</title>
				<link>https://newsroom.posco.com/en/kosa-steelkorea-2019/</link>
				<pubDate>Fri, 07 Jun 2019 21:05:52 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Business]]></category>
		<category><![CDATA[Korea Iron & Steel Association]]></category>
		<category><![CDATA[KOSA]]></category>
		<category><![CDATA[Steel Day]]></category>
		<category><![CDATA[SteelKorea 2019]]></category>
									<description><![CDATA[l Celebrating the first firing of Pohang No. 1 Blast Furnace, key steel industry stakeholders attend the SteelKorea 2019 l SteelKorea 2019 holds seminars on]]></description>
																<content:encoded><![CDATA[<p><strong>l Celebrating the first firing of Pohang No. 1 Blast Furnace, key steel industry stakeholders attend the SteelKorea 2019</strong><br />
<strong>l SteelKorea 2019 holds seminars on diverse topics address environmental issues, LCA approach, global trade outlook</strong></p>
<p>On June 4, Korea Iron &amp; Steel Association (KOSA) hosted the 20th Steel Day and SteelKorea 2019 at POSCO Center in Seoul – about 400 industry stakeholders attended the event including Vice Minister Seung-Il Cheong of the Ministry of Trade, Industry, and Energy (MOTIE) and POSCO CEO Jeong-Woo Choi who is also the Chairman of KOSA.</p>
<div id="attachment_17693" style="width: 1034px" class="wp-caption alignnone"><img class="size-full wp-image-17693" src="https://newsroom.posco.com/en/wp-content/uploads/2019/06/D81A5108-1024x576.jpg" alt="▲ POSCO CEO Jeong-Woo Choi (fifth from the left) who also holds the Chairmanship of KOSA is pictured here along with the key industry stakeholders who attended the event. Seung-Il Cheong, the Vice Minister of the MOTIE was also present – pictured here on CEO Jeong-Woo Choi’s left)" width="1024" height="576" srcset="https://newsroom.posco.com/en/wp-content/uploads/2019/06/D81A5108-1024x576.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/D81A5108-1024x576-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/D81A5108-1024x576-800x450.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/D81A5108-1024x576-768x432.jpg 768w" sizes="(max-width: 1024px) 100vw, 1024px" /><p class="wp-caption-text">▲ POSCO CEO Jeong-Woo Choi (fifth from the left) who also holds the Chairmanship of KOSA is pictured here along with the key industry stakeholders who attended the event. Seung-Il Cheong, the Vice Minister of the MOTIE was also present – pictured here on CEO Jeong-Woo Choi’s left)</p></div>
<p>In the opening remarks, POSCO CEO Jeong-Woo Choi announced, “The steel industry is facing many challenges – trade sanctions and environmental concerns such as the fine dust. We have more obligation towards our community. The steel industry will take a proactive approach and collaborate with the government to help curb air pollution in Korea. By 2021 we plan to invest over 1.5 trillion KRW.”</p>
<div id="attachment_17694" style="width: 970px" class="wp-caption alignnone"><img class="size-full wp-image-17694" src="https://newsroom.posco.com/en/wp-content/uploads/2019/06/SK_2.png" alt="(From left) Do-Ho Ahn, the CEO of KOSTEEL – Order of Industrial Service Merit (Silver Tower) recipient; POSCO General Manager Song-Muk Cheong who received the Order of Industrial Service Merit (Bronze Tower); Bang-Seop Lee, the union head of the Hwanyoung Steel Ind. Co., Ltd. who received the Industrial Service Medal " width="960" height="352" srcset="https://newsroom.posco.com/en/wp-content/uploads/2019/06/SK_2.png 960w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/SK_2-800x293.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2019/06/SK_2-768x282.png 768w" sizes="(max-width: 960px) 100vw, 960px" /><p class="wp-caption-text">▲ (From left) Do-Ho Ahn, the CEO of KOSTEEL – Order of Industrial Service Merit (Silver Tower) recipient; POSCO General Manager Song-Muk Cheong who received the Order of Industrial Service Merit (Bronze Tower); Bang-Seop Lee, the union head of the Hwanyoung Steel Ind. Co., Ltd. who received the Industrial Service Medal</p></div>
<p>On this day, a number of steel industry stakeholders received recognition for their contribution. KOSTEEL CEO Do-Ho Ahn received the Order of Industrial Service Merit (Silver Tower) for helping stabilize Korea’s steel market by closely collaborating with domestic steel companies. His effort reduced Korea’s dependence on foreign imports.</p>
<p>Song-Mook Jung, a General Manager at POSCO received the Order of Industrial Service Merit (Bronze Tower). He pioneered the application of deep learning algorithms in the steel industry which led to technology that can predict blast-furnace operation. His insight also brought automatic control into the picture. Bang-Seop Lee, the union head of the Hwanyoung Steel Ind. Co., Ltd. received the Industrial Service Medal for his contribution to establishing a mature union-company culture.</p>
<p>Yoon-Gih Ahn, the Senior Vice President of POSCO Research Institute (POSRI), received Presidential Citation. He provided a reduction target for green gas emission. His initiative was unprecedented, serving as a model when it comes to the proactive response towards global environmental concerns.</p>
<p>The ceremony also recognized 29 other recipients of government awards. Prime Minister’s Citation went to Yoon-Young Sohn of Hyundai Steel. 22 awardees, along with POSCO’s Im-Hoan Choi of PT.KRAKATAU POSCO also received MOTIE’s recognition.</p>
<p>SteelKorea 2019 also acknowledged several POSCO personnel through ‘Steel Technology Award.’ First launched in 1982, the Award encourages creativity and research endeavors within the steel industry. Altogether five awardees from POSCO received due recognition for their contribution to the industry.</p>
<p>This is the first year SteelKorea event is being held alongside the Steel Day Tae-Ho Bark of Lee &amp; Ko, Korea’s top international law firm, gave a special lecture on ‘Global Trade: Outlook and Strategies.’</p>
<p>In the lecture, Bark acknowledged the challenges the steel industry is facing, such as overcapacity and trade sanctions. He emphasized the importance of high-value product, diversification of export routes, and preparing for regional competitions. “Close collaboration with the government is crucial,” he said.</p>
<p>The afternoon sessions of SteelKorea 2019 included seminars on such topics as fine dust, EU regulations of steel slag and environmental issues such as the sustainability of steel. North-South Korea cooperation in the steel industry, PNG (Pipeline Natural Gas) projects as well as the various trade sanction cases were also discussed.</p>
<p>As for the environment-related topics, LCA was one of the key subjects. The panels discussed government-collaborative measures on how to campaign for the sustainability of steel from the holistic LCA perspective. Steel industry’s effort to curb air pollution was also one of the key topics. Along with the press, researchers and scholars from various institutions attended the session.</p>
<p>On June 5, the second day of the SteelKorea 2019, the Korean Institute of Metals and Materials hosted ‘Steel Technology Symposium.’ The Symposium addressed the key topics of the industry, including government policy on steel industry coproducts and technologies that can utilize a large quantity of steel slags.</p>
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