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29 Nov
13:10

EU steelmakers must compete for hydrogen resource: Jeffries

The green hydrogen requirement to fuel green steelmaking in Europe would amount to 1.2 million tonnes by 2030, below the EU's Hydrogen Strategy target, but the steel industry will be fighting over the resource with other sectors, says Jeffries. Green hydrogen costs would meanwhile need to decrease 75% to $1.20/kg for H2-DRI/EAF costs to break even with the traditional BF-BOF route. As EU steelmakers decarbonise, electric arc furnaces’ share in the b…
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