The Korea Ready-mixed Concrete Industry Cooperative Federation said on the 29th that it signed a "win-win agreement for the effective use of steel by-products" with POSCO and POSCO E&C at the Ready-mixed Concrete Federation conference room.
Steel by-products are substances that are incidentally generated when raw materials such as iron ore, coal and limestone are smelted at high temperatures.
Attending the signing ceremony were Ready-mixed Concrete Federation Chair Bae Jo-ung; Lee Chang-min, head of the Environment and Energy Planning Office group at POSCO; and Choi Jong-mun, head of the R&D Center at POSCO E&C.
Through this agreement, the parties plan to create an eco-friendly construction industry ecosystem by using by-products generated in the steel production process to improve ready-mixed concrete quality, reduce costs, cut carbon emissions and circulate resources.
Under the agreement, the Ready-mixed Concrete Federation will pursue mix design reviews using by-products as well as research and development and joint projects for the production of high-quality ready-mixed concrete. POSCO will provide basic information on steel by-products and support ready-mixed concrete manufacturing technology, and POSCO E&C will review field application and provide technical support for ready-mixed concrete based on steel by-products.
Chair Bae Jo-ung said, "This agreement will be a meaningful first step in practicing ESG management and enhancing the competitiveness of the ready-mixed concrete industry by recycling steel by-products into high value-added resources," adding, "Small and midsize ready-mixed concrete companies will also take the lead with the steel and construction industries in creating a sustainable construction materials ecosystem."
POSCO and POSCO E&C noted, "With this agreement as a starting point, we will continue to promote collaboration with small and midsize ready-mixed concrete companies and work to improve ready-mixed concrete quality through technical cooperation."