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21 Oct
18:25

Hydrogen DRI-making requires significant capital formation: Midrex

Hydrogen-based direct reduction is the only logical path to steel industry decarbonisation, but it will require a supply of hydrogen and power that is currently not available, says Dr Vincent Chevrier, General Manager, Business Development at Midrex. The concept of hydrogen steelmaking has gained a lot of traction, especially in Europe where governments are backing its development amid a drive to achieve climate neutrality by 2050. The blast furnace/oxygen convert…
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