POSCO FUTURE M

Posco Future M, the materials unit of Posco Group, said Thursday it has completed production technology for graphite electrodes, which are an essential material in steelmaking that Korea has solely relied on imports for so far.

The carbon-based electrodes are used in melting metal scraps or refining them during the steelmaking process in an electric furnace, as they are inserted into the furnace and produce heat via an electric current.