Although the first buildings on the remote site have yet to be built, H2 Green Steel, the company behind the project, believes it will be able to produce the first commercial batches of steel by 2025. If the experiment succeeds, it will be the first large-scale green steel plant in Europe.
The products created in an environmentally friendly way will be used in the same way as traditional steel: from the manufacture of cars and cargo ships to the construction of buildings and bridges.
The centrepiece of the new steel mill will be a tall structure called a DRI tower (DRI stands for direct reduction of iron). Within it, hydrogen would react with iron ore, creating a type of iron that could be used to make steel. Unlike coking coal, which results in carbon emissions, the by-product of the reaction in the direct reduction column is water vapor. All of the hydrogen used at the new green steel plant will be produced by H2 Green Steel.
Steel companies in France, Germany, Spain and the UK are also announcing plans to implement similar projects. Moreover, the EU is finalizing a new strategy called the “Carbon Border Adjustment Mechanism”, designed to make it more expensive for European companies to import cheaper non-green steel from other parts of the world.
Source: Metaltorg.ru
