14
Jul
15:49
Salzgitter releases €723m for DRI conversion
Salzgitter’s supervisory board has approved spending of €723 million ($722m) on the first development stage of the SALCOS (Salzgitter Low-Carbon Steel) project, Kallanish notes.
SALCOS is aimed at converting the integrated steelworks into low-carbon crude steel production in three stages up until 2033. Direct reduction plants and electric arc furnaces will be built and will then replace the blast furnaces and converters in stages (see Kallanish passim).…
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Anonymous
Very good overview of the weekly steel market.
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