Salzgitter plans to phase out steel production from blast furnaces in the future. Instead, the company will implement more advanced methods of steel production.
“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.
