Germany's Steel Companies Take Green Initiatives

NEW DELHI--April 14, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Germany's steel industry is faced with the significant responsibility of charting the course to decarbonize steel production. ArcelorMittal (NYSE:MT) is combining the use of smart-carbon technologies with the use of hydrogen in steel production by taking a series of measures at their locations. In the first expansion phase, 100,000 tonnes of sponge iron with grey hydrogen will be generated by building a direct reduction iron plant at the Hamburg site.