ArcelorMittal Europe Will Produce Green Steel in 2020
October 13, 2020
ArcelorMittal Europe announced the details of the CO2 technology strategy that will enable it to offer its first green steel solutions to customers this year (30,000 tonnes), which will be scaled up in the coming years (to reach 120,000 tonnes in 2021 and 600,000 tonnes by 2022). This will deliver its 30% reduction of CO2 emissions target by 2030, and achieve net zero by 2050.
ArcelorMittal’s strategy is centered around two main technologies, both utilizing hydrogen. Currently, hydrogen technologies are at the heart of the drive to lead decarbonization of the global steel industry to deliver carbon-neutral steel.
Hydrogen plays a central role in ArcelorMittal’s decarbonization strategy
ArcelorMittal Europe is developing a series of industrial-scale hydrogen projects for use in blast furnace-based steelmaking that will start to deliver substantial CO2 emissions savings even within the next five years, as well as progressing a project to test the ability of hydrogen to reduce iron ore and form direct reduced iron (DRI) on an industrial scale.
To reach the zero emissions target, the hydrogen used will have to be green hydrogen, which is produced through electrolysis, powered by renewable electricity (e.g. wind and solar power). ArcelorMittal is currently developing new facilities to produce green hydrogen using electrolysers. Teams at ArcelorMittal Bremen in Germany are working on the first large-scale deployment of this technology. Previously, this emerging technology has only been tested at small pilot plants in Europe.
ArcelorMittal Europe will be offering customers green steel products already this year, when the first 30,000 tonnes of green steel are be produced.
ArcelorMittal Europe climate action report
In June 2020, ArcelorMittal Europe published its first climate action report which outlined the company’s strategy for reducing CO2 emissions by 30% by 2030 and reaching carbon neutrality by 2050.
In the report the company identified two breakthrough carbon-neutral technology routes, Smart Carbon and innovative DRI based on hydrogen, that will help the company reach its CO2 reduction targets.
According to Aditya Mittal, President and CEO of ArcelorMittal Europe: “Our plans to offer greener and more circular steel will support our customers in their circular economy objectives. We are pleased to be able to offer our first green tonnes this year and look forward to being able to provide customers with larger volumes of this steel as our decarbonization projects are ramped up and rolled out across Europe”