Tag Archives: green steel production

Outokumpu to Invest EUR 30 Million in Biocoke Pelletizing Plant for Green Steel Production in Tornio, Finland

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is investing approximately EUR 30 million in a pelletizing plant for biocoke in Tornio, Finland, with production set to start in mid-2025. The move aims to reduce direct emissions … Read the full press release

Economic Headwinds Impact voestalpine’s H1 2023/24 Financial Results

(IN BRIEF) voestalpine, a steel and technology company, reported its financial performance for the first half of the 2023/24 fiscal year. The company faced economic challenges with declining revenue and earnings due to a changing economic landscape. While some sectors … Read the full press release

Green Hydrogen Breakthrough: Salzgitter Group and ANDRITZ Lead the Charge in Sustainable Steel

(IN BRIEF) The Salzgitter Group, a prominent player in the steel industry, has partnered with technology leader ANDRITZ to create one of Europe’s largest green hydrogen facilities as part of the SALCOS® program. ANDRITZ will build a 100 MW electrolysis … Read the full press release