Abstract
Digitalization is a fundamental process that begun several decades ago, but which got a significant acceleration by Industry 4.0 and now directly affects all the process and industrial industries. It is anticipated to enable the Korean industry to improve its production efficiency and its sustainability. In particular, in the energy-intensive industries, such as the steel industry, digitalization concerns the application of the related technologies to the production processes, focusing on two main often overlapping directions: Advanced tools for the optimization of the production chain and specific technologies for low-carbon and sustainable production. Furthermore, the fast development of technology in the steel industry demands the continual updating of the skills of the industrial personnel. This article, the case study of Korean businesses, presents the backdrop of digitalization and several key concepts in the Korean iron and steel sector. The effect of digitalization on the steel sector personnel is examined along with the anticipated economic changes.
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