ArcelorMittal Europe will this year offer its first green steel solutions it its customers, as the company starts to integrate hydrogen technologies into its steelmaking process.
The announcement its part of the company’s goal to reduce its carbon emissions by 30% before 2030 and achieve net zero by 2050.
In order to offer its green steel solutions, ArcelorMittal is developing a series of industrial-scale hydrogen projects for use in blast furnace-based steelmaking.
If it is going to reach its goal, the hydrogen used within the process will need to be green. ArcelorMittal is therefore developing the facilities to produce green hydrogen using electrolysers.
These plants will deliver substantial CO2 emissions savings within the next five years.
Aditya Mittal, President and CEO ArcelorMittal Europe, said, “Today we are providing an important update on our progress in achieving our target of reducing CO2 emissions by 30% by 2030 and carbon neutrality by 2050, including the vital role that hydrogen has in our strategy.”
“We are focussed on being ready for the hydrogen economy and the exciting opportunities this presents for us as European steelmakers.”
“In parallel we continue to roll out our Smart Carbon technology which we are convinced also offers huge potential given the world will need so-called BECCS technologies (bioenergy, carbon capture and storage) to reach net zero by 2050. “