Hyundai Steel Company places order with
Paul Wurth for its new plant in South Korea

Luxembourg, 23 April 2007. The milestones at Hyundai Steel Company history will be the two blast furnaces for producing 8 Mio tonnes per year of hot metal at the first stage. Sized at 14.9 m hearth diameter each – some of the largest in the world - they will be the first Blast Furnaces within the Hyundai Group.

The order contains the design of the two modern BF plants including burden preparation plants and Bell Less Top® charging systems, blast furnaces with modern staves cooling systems, hot blast stoves with external combustion chamber, axial cyclones and annular gap scrubbers for off-gas cleaning, pulverised coal injection plants and utilities systems. The two identical blast furnaces will be equipped with four tap holes and two slag granulation plants each. Special care will be attended to the environmental aspects; i.e. most state-of-the-art emission control methods will be incorporated into the plant design.

Paul Wurth will provide services for installation and erection of the plants and perform supervision of commissioning.

The challenging project schedule considers commissioning of the BF#1 in January 2010, followed by BF#2 in January 2011.

PAUL WURTH S.A. • 32, rue d’Alsace • P.O. Box. 2233 • L-1022 Luxembourg
Tel. : (+352) 4970-1 • Fax : (+352) 4970-2209 www.paulwurth.com

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