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POSCO breaks ground on KRW 480 billion galvanized steel sheet plant in Gwangyang · Endata

◂ Announcements

Sep 8, 2026NEW FACILITYGwangyang, South Korea

POSCO breaks ground on KRW 480 billion galvanized steel sheet plant in Gwangyang

POSCO has broken ground on its No. 8 Continuous Galvanizing Line (8CGL) at Gwangyang Works, investing KRW 480 billion. The new line will have an annual production capacity of 450,000 metric tons of hot-dip galvanized steel sheets for automotive exterior panels, with completion scheduled for 2028.

Value

$360.0M (480.0B KRW)

Starts operating

2028

Status

Under construction

Capacity

450,000 metric tons per year

Productshot-dip galvanized steel sheets for automotive exterior panels

CompaniesPOSCO

Sectors#Steel and Metal Products

“This is a strategic investment designed to strengthen our future competitiveness amid the rapidly changing global steel landscape.”newsroom.posco.com

1 source
newsroom.posco.comPOSCO to Build State-of-the-Art Galvanized Automotive Steel Sheet Plant, Bringing Together the Latest Automotive Steel Technologies – Official POSCO Group NewsroomSep 21, 2026

Summarized from public sources; check the original articles before acting on it.

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