Hyundai Steel's No. 1 Blast Furnace To Be Normalized Next Month

17 June 2016

Hyundai Steel, South Korea's No. 2 steelmaker, announced Friday that its original blast furnace in Dangjin, central South Korea, could be normalized next month.

The daily steel output of the blast furnace in Dangjin, about 120 kilometers south of Seoul, has recently dropped to about 3,000 tons a day, or 30 percent of its normal output.

Hyundai Steel said the temperature in the No. 1 blast furnace dropped below 1,500 C, the melting point of steel, due to a problem in heat transmission inside the furnace.

The company said it has been gradually working to normalize the No. 1 blast furnace to ensure there will be no negative effects, adding that the operation of the blast furnace will be back to normal early next month.

Hyundai Steel has three blast furnaces in Dangjin that have a production capacity of 12 million tons of steel products.

Hyundai Steel is a unit of the Hyundai Motor Group, which owns Hyundai Motor and Kia Motors. (Yonhap)


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