“Gray” steel will eventually be obsolete in Europe as “green” steel gains competitiveness, Gunnar Groebler, CEO of German steelmaker Salzgitter, a pioneer in the development of hydrogen steelmaking, said.
Anglo American and German steel producer Salzgitter Flachstahl plan to partner on so-called “green steel” production through joint exploration of less carbon intensive technologies and production methods.
Based on the new MoU, TAQA and Emirates Steel will use green hydrogen to optimize clean steel production level
Europe’s largest steelmaker ArcelorMittal and the Spanish government have signed an initial deal to contribute a total of €1bn ($1.18bn) towards investment in green steel projects in northern Spain, including a direct reduced iron (DRI) unit and hybrid electric arc furnace (EAF) in Gijon.
Germany has gathered support from four European Union countries around its opposition to classifying nuclear energy as “green” and sustainable for investment purposes, a letter to the Commission seen by Reuters showed.
Several Swedish and Norwegian companies have teamed up to build a 17-MW fossil-free hydrogen facility at Ovako AB’s steel mill in Hofors, Sweden, it was announced on Tuesday.
