Heavy Steel Signs Contract with South Korea's Pohang to Introduce New Technology for Environmental Ironmaking

Yesterday, Chongqing Iron & Steel (Group) Co., Ltd. (hereinafter referred to as "Heavy Steel Group") and South Korea POSCO Factory Club (hereinafter referred to as "Korea Pohang") reached a consensus on the cooperation of the FINEX integrated steel plant project and signed a project cooperation agreement. Confidentiality agreement.

The FINEX process is currently the best smelting reduction ironmaking technology in industrial production operations. Compared with the traditional blast furnace process, the FINEX process eliminates the need for serious coking and sintering processes, low-carbon environmental protection, and lower construction and production costs.