Steel and Wind Energy Associations Sign MOU to Strengthen Wind Power Competitiveness

Cooperation on Domestic Steel Utilization and Supply Chain
Supporting the Expansion to 18GW by 2030

The Korea Iron & Steel Association announced on September 16, 2025, that it had signed a memorandum of understanding (MOU) with the Korea Wind Energy Industry Association to strengthen the competitiveness of the domestic wind power industry.

This agreement includes the localization and expansion of demand for wind power materials and equipment, cooperation in industry networking and education, and the advancement of quality management systems and enhancement of workforce capabilities.

Cooperation between the two industries is considered crucial for securing industrial competitiveness, as the entire wind power value chain is closely linked to steel materials. The government has also announced plans through its 11th Basic Plan for Long-term Electricity Supply and Demand to expand wind power generation capacity to 18.3GW by 2030 and 40.7GW by 2038.

Lee Kyungho, Vice Chairman of the Korea Iron & Steel Association, stated, "We will support the joint growth of both industries by establishing a stable supply chain based on domestically produced steel." Sung Jinggi, Vice Chairman of the Korea Wind Energy Industry Association, said, "We hope that wind power products utilizing domestic steel will lead to entry into overseas markets."

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