Metallurgical industry supplier SMS group is providing a broad range of technology and equipment for a project for steelmaking startup H2 Green Steel in Sweden.
This agreement will see SMS group, along with its subsidiary Paul Wurth and its consortium partner Midrex, as suppliers of process equipment.
This includes providing ironmaking and finished steel products for the world’s first industrial-scale steel plant powered by hydrogen and electricity from renewable sources.
“Our aim at H2 Green Steel is nothing less than to pioneer an industrial revolution in the steel industry. We want to use existing technology, modify it and integrate it in a different way to make green steel a reality today, not in the distant future.
“We have jointly designed the plant to make a significant carbon dioxide reduction throughout the whole steel plant in a way that will set our steel plant apart from others in the market. We have chosen SMS group for this project because we believe in their capabilities, which have been demonstrated in numerous industrial projects around the world,” said H2 Green Steel chief technical officer Maria Persson Gulda.
‟We are very proud to supply the technology for the world's first largescale all-green steel plant. This is not only an important step for H2 Green Steel, but also an excellent opportunity to underline our competence and mission in green steelmaking,” said SMS group CEO Burkhard Dahmen.
SMS group, together with fully owned Paul Wurth and its consortium partner Midrex, will provide a Midrex direct reduction plant, the electric arc furnace-based melt shop, a CSP Nexus casting and hot rolling plant, as well as an advanced cold rolling and processing complex for the production of a broad product mix including advanced high-strength steel and automotive steel grades.
Leading car manufacturers have already signed agreements with H2 Green Steel for the supply of green, high-quality steel. The total order volume for SMS group exceeds €1-billion and is the largest order in the 152-year history of the company.
The H2 Green Steel site will be close to a 300 ha greenfield area in Boden in the Swedish province of Norrbotten. The plant is expected to produce green steel by 2025, ramping up volumes in 2026.
‟Hydrogen-based green steel is the future of primary steelmaking and we are all working at full speed to deliver the key technologies to start a new era of steelmaking. We are excited to continue our partnership with the H2 Green Steel team and looking forward to the joint realisation of this lighthouse project,” said Dahmen.
SMS group is renowned worldwide for its future-oriented technologies and outstanding service for the metals industry. The company applies its 150 years of experience and its digital know-how to provide the industry with innovative products and processes – even beyond its core business – and generates worldwide sales of around €2.6-billion.
SMS supports its customers throughout the lifecycle of their plants, enabling profitable and resource-efficient value creation chains. Paving the way for a carbon-neutral and sustainable metals industry is the company’s stated goal and, as a global player with German roots, SMS takes responsibility for its 14 500 employees.