Hyundai Steel is looking towards upcycling 360 tons of coffee waste a year, saving up to 210 million in disposal costs while creating jobs.
In 2019, Hyundai Steel teamed with the Korea Productivity Center and Korea Green Foundation to find new uses for coffee ground wastes via the Coffee Waste Resource Recovery Project.
In the first year, Hyundai Steel inked MOUs with 10 institutions, including the city of Incheon and Ministry of Environment, to establish a system to collect coffee waste in the region.
According to a Hyundai Steel official, the company is looking forward to more local governments participating in the third year of the project.
Only 0.2 percent of the coffee grounds end up in the final product, with 99.8 percent discarded as waste.
About 150,000 tons of coffee waste is either incinerated or buried in South Korea.


Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 



