# 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.

- Type: New facility
- Announced: 2026-09-08
- Where: Gwangyang, South Korea
- Value: $360.0M (480.0B KRW)
- Starts operating: 2028
- Status: under construction
- Capacity: 450,000 metric tons per year
- Products: hot-dip galvanized steel sheets for automotive exterior panels
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [POSCO](https://endata.com/companies/8856.md)

## Sources

- [newsroom.posco.com](https://newsroom.posco.com/en/posco-to-build-state-of-the-art-galvanized-automotive-steel-sheet-plant-bringing-together-the-latest-automotive-steel-technologies/), 2026-09-21: "This is a strategic investment designed to strengthen our future competitiveness amid the rapidly changing global steel landscape."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.