Asset Report

Gwangyang (BOF) steel plant



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Report summary

POSCO's Gwangyang plant is the world's largest integrated steel making operation. It was built in three phases from 1985 to 1992 and is now capable of producing 22 Mtpa of crude steel via the BOF route. The site also contains an EAF plant not covered in this analysis (see the Gwangyang (EAF) profile). The integrated steel plant produces hot and cold rolled coil, plate and API Steel. The plate produced at Gwangyang can be up to 5.3 metres wide.

What's included

This report contains

  • Document

    Gwangyang (BOF) steel plant

    PDF 324.49 KB

  • Document

    Gwangyang (BOF).xls

    XLS 344.00 KB

Table of contents

Tables and charts

This report includes 14 images and tables including:


  • Key facts: Table 1
  • Participation
  • Key raw materials rates
  • Downstream products
  • Production table (Mt)
  • Economic assumptions: Table 1
  • Process overview: Table 1
  • POSCO's interest in iron ore assets, with remaining marketable reserves as of January 2016
  • POSCO's interest in coal assets
  • Costs: Table 1
  • Operating cash costs


  • Detailed map
  • Finished steel production
  • Total operating cash cost - Finished Steel

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