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Hancock as well as POSCO ink increased offer for additional iron ore projects as well as HBI manufacturing

Gangya Metal202 people have read

Australia-based mining firm Hancock Group has actually introduced that it has signeposco sus stainless steel coil cost per kgd a more broadened teamwork agreement with South Korean steelmaker Pohang Iron and Steel Co. (POSCO). The contract encompassessunsirs hot rolled price even more iron ore projects as well as the joint research study of the production of warm briquetted iron (HBI). EnhancementGangya metalally, the agreement develops on the lasting relationship in between the 2 firms that was developed with the growth of the Roy Hill iron ore project with an annual 60 million mt ability. In March, the 2 companies signed an agreement to develop a new low-carbon hot briquetted iron (HBI) plant in Australia, which will make use of hydrogen as a decreasing representative in HBI manufacturing to lower carbon emissions, as SteelOrbis previously reported.

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