SSAB has embarked on the “Towards Fossil-Free Steel Phase 2” (FFS2) joint project in Finland. This effort aims to enhance skills and capabilities in fossil-free steelmaking.
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India has inaugurated the country’s maiden green hydrogen project in the stainless steel sector.
H2 Green Steel, a Stockholm-based steel manufacturer, has secured a substantial €4.2 billion in debt financing.
H2 Green Steel (H2GS), a Swedish start-up founded in 2020, is on the brink of making history with its €6.5bn funding secured for the world’s largest green steel project.
POSCO, South Korea’s leading steelmaker, is embarking on a journey with its hydrogen reduction steel technology. After 50 years of growth, the company is gearing up for the next 50 years by committing to commercialize its HyREX technology by 2030 and transform its key steel plants in Pohang and Gwangyang entirely to this new steelmaking process by 2050.
The Salzgitter Group, a key player in the steel industry, has partnered with technology group ANDRITZ to make a significant leap towards virtually CO₂-free steel production. ANDRITZ will construct a 100 MW green hydrogen plant as part of the SALCOS® program, becoming one of Europe’s largest hydrogen facilities.
Kobe Steel Group, known as Kobelco, has embarked on a groundbreaking journey towards greener and more sustainable steel production. The company has initiated a demonstration test of a hybrid-type hydrogen gas supply system at its Takasago Works in Hyogo Prefecture, Japan.
Tata Steel Ltd, one of India’s steel manufacturing giants, has joined forces with ABB, a global technology leader, to co-create innovative models and technologies aimed at reducing the carbon footprint of steel production.
Steel, the backbone of modern industrialization, plays an indispensable role in our lives, forming the foundation of buildings, powering electrical appliances, and propelling various modes of transport.
POSCO, the driving force behind Korea’s manufacturing industry for the past 50 years, is embarking on a groundbreaking journey to develop hydrogen reduction Ironmaking technology.