Steel being manufactured at POSCO's works in Gwangyang, South Korea. - Screencapture Via POSCO

Steel being manufactured at POSCO's works in Gwangyang, South Korea.

Screencapture Via POSCO

Three workers died in an explosion Tuesday at a South Korean steel plant ranked as one of the largest of its type in the world.

At about 4 p.m., the blast rocked the Posco plant in Gwangyang, near the southern tip of the country. A fire following the explosion was extinguished in about 20 minutes, local media report.

Workers were handling high-pressure gas when the blast occurred near an industrial furnace.

POSCO’s Gwangyang Steel Works has a production capacity of nearly 18 million tons annually.

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