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New technologies for greener steel

Hyundai Steel, a major steel maker in South Korea, and Fives team up to share views on decarbonization and new steel grades evolution.

Hyundai Steel and Fives held their joint Future Tech Forum at Hyundai’s R&D center in Dangjin, South Korea on February 27-28, 2023.

Fives presented its advanced technologies in-series of several sessions, covering:

  • Market trends
  • Digital solutions
  • Decarbonization solutions for reheating furnaces and strip processing lines, a crucial issue for steelmakers worldwide
  • Metallurgical support and process technologies for 3rd generation advanced high strength steels

A special focus was made during a workshop on digital solutions and predictive models enabling steelmakers to enhance product quality, increase productivity and prevent human’s errors. Case studies of SmartLine and VirtuoTM implementation achieving outstanding results were highlighted. 

“In-depth technical exchanges between our teams have been highly appreciated. We are interested in the main trends, such as decarbonization, digitalization, as well as high quality production technologies, and look forward to developing closer cooperation which can lead to medium term industrial projects”, says Bo-Ryong Lee, Senior Vice-President & Head of R&D Division at Hyundai Steel.