SSAB and Fortum conclude Finnish hydrogen-reduced sponge iron plans are not viable

SSAB and Fortum have concluded a study into producing hydrogen-reduced sponge iron at SSAB’s steel plant in Raahe, Finland, finding a commercial arrangement is not possible.

In June (2023) the pair said they would conduct a front-end engineering design (FEED) study to explore the industrial-scale production of sponge iron and building a hydrogen production plant.

Read more: SSAB and Fortum to explore hydrogen-reduced sponge iron production in Finland

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