‘Promotion of Circular Economy Society’ Business Agreement
Priority Application of Carbon-Reduced Steel Products
in Urban Infrastructure Public Projects

POSCO is undertaking an eco-friendly recycling project for discarded steel from Seoul City's brand sculptures.


On the 12th, POSCO announced that it signed a business agreement with Seoul City to 'promote a circular economy society,' attended by Kim Young-jung, Vice President of POSCO, and Kim Ui-seung, First Deputy Mayor of Seoul.


POSCO and Seoul City will explore ways to eco-friendly recycle discarded steel from dismantled Seoul City brand sculptures. They will also seek ways to prioritize the application of POSCO's carbon-neutral master brand 'Greenate' and the carbon reduction product with mass balance allocation, 'Greenate certified steel,' in public infrastructure.


Vice President Kim said, "We expect to closely cooperate through POSCO's carbon reduction products and eco-friendly solutions," adding, "We hope this business agreement will be the starting point for the common goal of carbon neutrality by 2050 shared by Seoul City and POSCO."


Through this agreement, POSCO plans to install new Seoul City urban brand sculptures, ‘Seoul, my soul,’ made with 'Greenate certified steel' at three landmark locations in Seoul, including Seoul Plaza. Additionally, six large guide signs for ‘Seoul Dulle-gil 2.0,’ produced using POSART technology on Greenate certified steel, will be installed on major Seoul trails such as Umyeonsan, Gwanaksan?one of Korea's 100 famous mountains?and Suraksan.


Posco applied PosArt technology in March to manufacture and install the comprehensive guide sign at Imjingak Veterans Park. <br>[Photo by Posco]

Posco applied PosArt technology in March to manufacture and install the comprehensive guide sign at Imjingak Veterans Park.
[Photo by Posco]

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POSART steel sheets enable vivid colors and delicate texture expression, offering up to four times higher resolution than conventional sheets with high-resolution premium inkjet printing. They are produced by POSCO Steelion, POSCO's specialized surface treatment steel group. POSCO received the 'Innovation of the Year' award from the World Steel Association in 2019 for the POSART technology.


Furthermore, POSCO will promote various projects leveraging the recyclability of steel from a Life Cycle Assessment perspective in cooperation with Seoul City. To emphasize the meaning of a circular economy, POSCO will receive steel scrap stored by Seoul City and use it as raw material in steel production. Initially, 14 tons of scrap steel from dismantled Seoul City urban brand sculptures stored in Jungnang-gu will be utilized.



Seoul City plans to apply POSCO's Greenate certified steel and GR (Good-Recycled) products, certified by the Ministry of Trade, Industry and Energy, to public infrastructure and buildings. They also plan to implement eco-friendly stainless steel reusable containers to reduce plastic and recycling projects for discarded fire extinguishers.


This content was produced with the assistance of AI translation services.

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