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POSCO’s Cryogenic Steel for LNG tanks Gets Approval

Steel News - Published on Wed, 14 Aug 2019

Image Source: Korea Herald
South Korean government has approved the use of Posco’s cryogenic high manganese steel for manufacturing liquefied natural gas storage tanks. The decision made after a review by an independent panel on gas technology standardization will be notified by the government. Cryogenic HMS developed by the South Korean steel giant, can withstand temperatures as low as minus 196 degree Celsius, and could replace nickel alloy steel which has been commonly used for LNG storage tanks.

POSCO plans to step up efforts to participate in LNG-related projects in line with toughening measures on green ships. By 2030, the market is expected to see fresh orders for about 890 LNG tanks and 4,700 vessels of LNG tank carriers.

Last year, the International Maritime Organization’s Maritime Safety Committee approved interim guidelines on applying HMS in cryogenic LNG storage and fuel tanks

Posco is the first steelmaker in the world that has succeeded in commercializing cryogenic HMS.

Source :

Posted By : Ratan Singh on Wed, 14 Aug 2019
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