Steelmaker POSCO, a leading global manufacturer of autosheet, has awarded Fives the contract to design and supply a high-performance vertical annealing furnace for its new hot-dip galvanizing line within its Gwangyang plant in South Korea.

POSCO’s Gwangyang facility is claimed to be its biggest and most modern plant on South Korea’s southern coastline. The new continuous galvanizing line number seven will have an annual capacity of 500kt/yr and will be dedicated to high-end GI/GA exposed and advanced high strength steels (AHSS). It is expected to be completed in 2017.

According to Fives, the vertical annealing furnace is a critical piece of equipment for producing advanced high strength steels (AHSS). The French production technology giant will be designing and supplying its latest generation of Stein Digiflex vertical annealing furnace, including its patented Flash Cooling technology operating at a rate of up to 65% H2 and the company’s AdvanTek 2.0 radiant tube combustion system operating with coke oven gas.

At Gwangyang, the last two continuous galvanising lines (numbers five and six) have been equipped with Fives’ vertical annealing furnaces for the production of exposed panels and HSS grades.