Introducing Hyundai Steel’s R&D strategy and trends
that drive innovation in steel beyond limits
Hyundai Steel R&D Center has established the mission of “Leading innovation ahead of the crossroads of change,” and has derived four core strategies to create new value for sustainable growth.
To mitigate risks from climate change such as global warming and rising sea levels, the world declared carbon neutrality through the Paris Agreement in 2015.
And recently countries, particularly in Europe and the United States, have proposed policies such as carbon border taxes and clean competition act.
South Korea has established a carbon neutrality national strategy to reduce greenhouse gases by 40% compared to 2018 levels by 2030 and is planning to promote
the purchase of 4.5 million electric and hydrogen vehicles by 2030.
Hyundai Steel R&D Center has established a two-route strategy to achieve its carbon reduction goals: ① developing low-carbon process technologies and ② reducing the carbon footprint of products. The R&D Center is actively developing core technologies to establish a production system for low-carbon premium products based on hydrogen-reduced ironmaking and next-generation electric arc furnace.
The Electric Arc Furnace–Blast Furnace Hybrid Process serves as a preliminary stage for next-generation electric arc furnace-based production. This process mixes molten iron produced from both electric arc furnaces and blast furnaces, significantly reducing carbon emissions compared to conventional blast furnace methods. Hyundai Steel R&D Center is taking the lead in pilot production using the hybrid process for a variety of products traditionally manufactured through the blast furnace method. Products produced via this hybrid process undergo comprehensive evaluations, including basic material properties (chemical composition, tensile/bending tests), application properties (formability, weldability, paintability), and final component performance assessments. Currently, the hybrid process has demonstrated equivalent quality and performance levels to conventional blast furnace products for several items, including automotive steel sheets and corrosion-resistant heavy plates. Moving forward, Hyundai Steel plans to continuously expand the coverage of low-carbon products through ongoing development efforts.
Tire cord steel is composed of ultra-fine wires, and strict control of non-metallic inclusions within the steel is essential to refine wire rods and enhance tire quality. Steel with residual elements that could cause non-metallic inclusions controlled to the extreme is referred to as high-cleanliness steel, and it is typically produced using molten iron from blast furnaces. Hyundai Steel R&D Center is developing high-performance, high-cleanliness tire cord steel with reduced carbon emissions compared to conventional blast furnace products by utilizing the Electric Arc Furnace–Blast Furnace Hybrid Process.
The electrification of vehicles is the most critical trend in the rapidly changing automotive industry. If the current challenges facing the electric vehicle
industry, such as bridging the price gap with internal combustion engine vehicles, battery technology, and charging infrastructure issues, are resolved, the
growth of the electric vehicle market will accelerate significantly.
The advancement of autonomous driving technology is accelerating the emergence of new mobility solutions that have not been experienced before. Advanced Air
Mobility (AAM) based on self-driving technology is set to greatly change human life, and numerous demonstration flights and practical projects are currently
underway. Hyundai Motor Group is showcasing the PBV concept that can be used as hubs and docking stations, connecting AAM with ground mobility and offering
various services to present a new mobility lifestyle
Hyundai Steel R&D Center is responding to the evolving mobility industry and implementing the group’s future mobility strategy by developing key materials for electric vehicles and hydrogen fuel cell vehicles, such as magnetic powders for drive motors and separator plates, as well as conducting research on the componentization of PBV and AAM bodies.
In the past, steel manufacturing processes were primarily operated based on experience and expertise. However, in recent years, steel companies have been
actively adopting cutting-edge technologies such as big data and artificial intelligence (AI).
Through a big data platform, each data is connected to provide information needed for decision making. By integrating AI with this big data, steel
manufacturing processes can be further advanced and optimized.
Hyundai Steel R&D Center has established and is implementing a roadmap for smart factory development across all its facilities. The R&D Center also focuses on creating programs to enhance the digital capabilities of its employees. By realizing and expanding smart factory outcomes, Hyundai Steel aims to maximize the benefits of smart factory implementation and contribute to strengthening the core manufacturing competitiveness of the steel industry.