Blastr Green Steel and Knauf Interfer's Ambitious Plan for Hydrogen-based Steel Supply in Central Europe
Key Ideas
- Blastr Green Steel and Knauf Interfer are collaborating to supply 100,000 tonnes of hydrogen-based steel annually to Central Europe.
- The companies are focusing on establishing a low-CO2 steel supply network, with a hub in Duisburg, Germany.
- Blastr Green Steel's plans include constructing a €4bn green steel plant in Finland with an integrated hydrogen production facility and a green pellets plant in the UK.
- By utilizing hydrogen for direct reduced iron production, the partnership aims to achieve a 90% reduction in CO2 emissions compared to traditional steel manufacturing processes.
Blastr Green Steel and Knauf Interfer have recently signed a Memorandum of Understanding (MoU) to supply 100,000 tonnes of hydrogen-based steel per year to Central Europe. The collaboration aims to develop a low-carbon dioxide (CO2) steel supply network, with a primary focus on Knauf Interfer's hub in Duisburg, Germany. Blastr Green Steel plans to invest in a €4 billion green steel plant in Inkoo, Finland, equipped with an integrated hydrogen production facility. Additionally, the company intends to establish a green pellets plant in the United Kingdom. By utilizing hydrogen for the production of direct reduced iron (DRI), the partnership anticipates a significant reduction of 90% in CO2 emissions compared to traditional steel production methods. This ambitious initiative underscores the commitment of both companies towards sustainable and environmentally friendly steel manufacturing practices in Europe.