POSCO chairman stresses safety as top priority

POSCO Chairman Choi Jeong-woo, center, inspects facilities during his visit to the POSCO Pohang Steel Mill in North Gyeongsang Province, Jan. 7. Courtesy of POSCO

By Nam Hyun-woo

POSCO Chairman Choi Jeong-woo stressed safety as the top priority, during his first visits to the steelmaker's mills this year.

According to POSCO, Choi visited the company's steel mills in Pohang, North Gyeongsang Province, and Gwangyang, South Jeolla Province, Thursday and Friday, respectively.

In a meeting with leaders of the company's union in Pohang, Choi said POSCO's management and employees should work together to make the working environment safer, thus satisfying all employees, according to the company.

During the visit to the Pohang mill, Choi inspected the company's hydrogen plant, continuous casting plant and electrical steel plant 2. The hydrogen plant uses LNG to produce the gas, while the continuous casting plant molds molten steel into slabs. Electrical steel is used for electric vehicles (EV), fuel-cell EVs and wind power generators.

On Friday, Choi visited Gwangyang mill and inspected vehicle plate and lithium plants. At the plant, he told employees that POSCO should widen its gap with rivals in vehicle plates, while enhancing its EV-related businesses starting from lithium, anode and cathode materials, so it can become a top-tier supplier in the global EV supply chain.

Choi has underscored the importance of safety during his New Year message, stressing it comes second to none.

"Employees should look for ways to improve safety at facilities and investigate any risks that may compromise their own safety," he said, adding the company will complete equipping employees with portable CCTVs, smart watches and other smart devices which can improve workplace safety as soon as possible.

Also in the New Year message, he said POSCO plans to concentrate on nurturing green energy and mobility businesses which can enable the group to seek fast growth and leadership in new industrial trends. For this goal, Choi said hydrogen will be one of the company's future cash sources, and it will strengthen its grip on every process in the hydrogen supply chain.

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