As global discussions increasingly focus on decarbonization and sustainability, the steel industry, responsible for approximately 8% of global carbon emissions, is undergoing a significant transformation toward "green steel."
Primetals Technologies is at the forefront of this shift, relentlessly pursuing innovative solutions to
- Optimize existing steel production processes
- Redefine and transition metals production by shifting production routes toward direct reduction and electrification
- Set the new standard of production for achieving green steel with carbon direct avoidance solutions
By driving technological advancements and efficiency, Primetals Technologies is committed to enabling a sustainable, decarbonized future for the steel industry. As this transformation cannot be reached overnight, calculated action must be taken in three different phases toward green steel.
Three Phases Toward Green Steel
1. Optimization
Optimization involves key analysis and understanding of existing processes and production routes. From identifying opportunities to enhance blast furnace operations and scrap rates in the basic oxygen furnace to discovering more efficient methods of monitoring every step of the steel production value chain, we provide solutions for every stage of the optimization process.
2. Transition
Transition and transformation are key terms that describe the status quo of the steel industry. Another such term is electrification. Plants seeking to expand and transform their steel production routes and future-proof their businesses are turning to electric arc furnaces and developing markets for electrical steels, enabling them to meet capacity and deliver high-quality products as they transition to green steel technologies.
3. Achieving Green Steel
Ultimately, steel producers will begin to produce green steel and achieve a sustainable steel industry. For Primetals Technologies, hydrogen-based fine ore reduction is a definitive step toward avoiding carbon emissions in steel production. Directly processing iron ore fines, HYFOR effectively circumvents agglomeration steps, and producing liquid hot metal when combined with a smelter effectively substitutes the blast furnace. This is just one example of how the industry will achieve green steel with innovations from Primetals Technologies.
