New €2.5B Green Hydrogen Steel Venture Unveiled
GreenTechMedia
FEBRUARY 24, 2021
The facility will use green hydrogen to process the iron into steel, leaning on existing expertise in the region. One component of the green steel business case is access to Sweden’s ample renewable energy resources. Costs and carbon. The world’s largest steelmaker, ArcelorMittal, has a global 2050 net-zero target.
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