According to POSCO Group Newsroom, POSCO broke ground on 8CGL at Gwangyang Works on September 8. POSCO says the planned project entails approximately KRW 480 billion of investment and is designed for annual capacity of 450,000 metric tons. These figures remain company plans rather than realized capacity.
MetalMate summary of the linked evidenceCommercial context
The project represents a material commitment to additional galvanizing capacity. Commercially, its impact will depend on execution and the eventual ramp-up of saleable output. POSCO management describes the investment as intended to strengthen future competitiveness and technological leadership; this is the company’s strategic characterization, not independent market validation.
MetalMate analysis- POSCO’s planned investment: approximately KRW 480 billion.
- Designed annual capacity: 450,000 metric tons.
- Location: POSCO’s Gwangyang Works.
- Groundbreaking was reported as September 8, but the supplied passage does not state the year.
- Source: POSCO Group Newsroom, authoritative for POSCO’s own project announcement.
Monitor confirmation of the groundbreaking year, the construction and commissioning schedule, capital deployment, and whether the announced 450,000 t/y capacity is completed and successfully ramped up.
Source & methodology +
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- Article status
- Published · Version 1
- Source date
- Not supplied
- MetalMate publication
- 27 September 2026
- Verification
- Automated evidence checks; not human reviewed
POSCO to Build State-of-the-Art Galvanized Automotive Steel Sheet Plant, Bringing Together the Latest Automotive Steel Technologies — POSCO Group Newsroom
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