DGAP-News Salzgitter Aktiengesellschaft: Another milestone on the course to low CO2 steel production - Federal Minister Svenja Schulze hands over funding approval - Seite 2

Nachrichtenquelle: EQS Group AG
04.12.2020, 12:27  |  118   |   |   



The new direct reduction demonstrator plant is the next step toward realizing SALCOS. The full transformation from conventional to hydrogen-based steel production at Salzgitter AG is to be implemented in various stages by 2050. This will ultimately enable the CO2 generated in the production of steel to be reduced by up to 95%.

The contract for building the DRI plant is to be awarded in the near future; hydrogen production is scheduled to start in the first half of 2022. Initially, the directly reduced iron will be used in the blast furnace process to save on coal used for injection into the blast furnace and in the electric arc furnace of the Peine plant.
Green strip steel achieving a 25% lower CO2 footprint compared with products from conventional production was already being produced in November 2020 at the collaborating Peine and Salzgitter plants.

Contact:
Bernhard Kleinermann
Press Spokesman
Salzgitter AG
Corporate Communication
Telephone + 49 (0)5341 21 2300
Fax: + 49 (0)5341 21 2302
email: kleinermann.b@salzgitter-ag.de
www.salzgitter-ag.com
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04.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Salzgitter Aktiengesellschaft
Eisenhüttenstraße 99
38239 Salzgitter
Germany
Phone: +49 5341 21-01
Fax: +49 5341 21-2727
E-mail: info@salzgitter-ag.de
Internet: www.salzgitter-ag.de
ISIN: DE0006202005
WKN: 620200
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1152880
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DGAP-News Salzgitter Aktiengesellschaft: Another milestone on the course to low CO2 steel production - Federal Minister Svenja Schulze hands over funding approval - Seite 2 DGAP-News: Salzgitter Aktiengesellschaft / Key word(s): Sustainability Salzgitter Aktiengesellschaft: Another milestone on the course to low CO2 steel production - Federal Minister Svenja Schulze hands over funding approval 04.12.2020 / 12:27 The …

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