Posco shuts Pohang steel plant due to Typhoon Hinnamnor
![Posco's Pohang steel mill in North Gyeongsang [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2022/09/07/76e65964-1dc0-4425-8828-25fdd1257e4b.jpg)
Posco's Pohang steel mill in North Gyeongsang [YONHAP]
It marks the first time the company has shut the factory in 49 years since 1973.
The steelmaker explained that three blast furnaces were stopped and other facilities were also closed after electricity was cut due to heavy rain.
On Tuesday, two fires broke out at the steel mill and were extinguished in less than three hours. The cause of the fires is still being investigated.
Posco Group Chairman Choi Jeong-woo and Posco CEO Kim Hag-dong visited Pohang to check the safety of employees and promised a quick return to normalcy.
BY SARAH CHEA [chea.sarah@joongang.co.kr]
with the Korea JoongAng Daily
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