Industry News

German ‘green steel’ plants announced

Views : 168
Update time : 2021-04-01 17:21:41

The company says up to the two sites could by 2030 produce 3.5 million tonnes of steel with significantly lower CO2 emissions. Depending on the hydrogen available, CO2 savings of more than five million tonnes could be possible. The technology conversion requires investments of up to EUR 1.5 billion.

‘With our concept for the transformation of the plants in Bremen and Eisenhüttenstadt, we are accelerating the implementation of carbon-neutral steel production,’ says Reiner Blaschek, ceo of ArcelorMittal Flachstahl Deutschland.

‘These projects have the potential to have a significant impact in reducing CO2 emissions in line with the European Union’s climate commitments. We are now asking for the necessary support and access to funding, to make the implementation of our plans happen.’

In Hamburg, the group already operates Europe’s only DRI-EAF plant and the switch to using hydrogen instead of natural gas in the iron ore reduction process is being prepared. The objective is to reach industrial commercial maturity of the technology by 2025, initially producing 100 000 tonnes of sponge iron a year.

ArcelorMittal is planning to gradually adapt production in Bremen and Eisenhüttenstadt. This year, two blast furnaces will be converted to inject natural gas, reducing the use of coal in the iron ore reduction process and thereby further reducing CO2 emissions.

Related News
Read More >>
EMR’s low-carbon aluminium project secures £3.4M funding from APC EMR’s low-carbon aluminium project secures £3.4M funding from APC
Nov .19.2024
EMR’s low-carbon aluminium project secures £3.4M funding from APC
China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t
Nov .19.2024
China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t
Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door
Nov .19.2024
Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door
China’s tax policy reforms propel mining gains; USD strength could pose risks China’s tax policy reforms propel mining gains; USD strength could pose risks
Nov .19.2024
China’s tax policy reforms propel mining gains; USD strength could pose risks