Understanding the demand for Green Steel, page-77

The company explains: “Salcos is aimed at converting the integrated steelworks into low-carbon crude steel production in three stages over the period up until 2033. As part of the transformation, direct reduction plants and electric arc furnaces will be built and will then replace the blast furnaces and converters in stages.“The new facilities will enable us to produce 1.9 million tons of green steel a year. Customers from a range of industries are already expressing keen interest. As a result, the Salzgitter Group has already agreed possible deliveries in recent weeks with customers from various sectors, including household appliance manufacturers, the automotive industry, and re-rollers.”
Largest ever green steel investment | Salzgitter approves €723m spend on first stage of hydrogen-focused project | Recharge (rechargenews.com)

"German steel producer will begin replacing its coal-fired blast furnaces with direct-reduction facilities that use green hydrogen to extract iron from iron ore. The company explains: “Salcos is aimed at converting the integrated steelworks into low-carbon crude steel production in three stages over the period up until 2033. As part of the transformation, direct reduction plants and electric arc furnaces will be built and will then replace the blast furnaces and converters in stages.“The new facilities will enable us to produce 1.9 million tons of green steel a year. Customers from a range of industries are already expressing keen interest. As a result, the Salzgitter Group has already agreed possible deliveries in recent weeks with customers from various sectors, including household appliance manufacturers, the automotive industry, and re-rollers.

. Volvo is already introducing the use of green steel in its trucks, while Mercedes-Benz and BMW will do so from 2025 and 2026, respectively.Salzgitter aims to complete the first Salcos expansion stage, reducing CO2 emissions in its steel production by 30% by the end of 2025, with a second phase concluded by the end of 2030, along with a 50% carbon reduction.The full project is due to completed by 31 December 2033, reducing CO2 emissions by more than 95%.”

Music to my ears...