9,724.50 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.45 TRY Interest Interest
73.24 USD Fossil Oil Fossil Oil
29.75 USD Silver Silver
4.12 USD Copper Copper
100.31 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,628.71 TRY Gold (gr) Gold (gr)

Hydrogen DRI pilot plant launches in Germany

A startup called HyIron has so far built the world's largest hydrogen-based direct reduction plant for the production of green iron in Lingen, Germany.

Hydrogen DRI pilot plant launches in Germany

HyIron is a combination of TS Group from Aachen and LSF Energy from Paderborn. TS Group describes itself as a pioneer in technical solutions in the field of fuel cells, batteries and industrial furnaces, while LSF Energy has many years of experience in renewable energy production.

The partners intend to use sponge iron in steel production from 2024. This will be melted together with steel scrap and then processed into steel. Benteler Steel/Tube wants to use the steel produced in Lingen to make low-CO2 pipes. The first step of the research project is to produce 1 ton of iron per hour using green hydrogen.

HyIron is currently producing iron ore on an industrial scale in Namibia with the support of the German economy ministry. Stephan Köhne, managing partner of HyIron, said in a statement: "In the long term, we will be able to produce up to 2 million tons of iron per year for the German steel industry here. Here in Lingen, we use iron ore from Namibia to optimize the process and the product."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

South Korea's crude steel production declines in November

Monday, December 23, 2024

‘IMF: Gulf countries continue to grow on reforms and steel production’

Monday, December 23, 2024

India launches investigation into flat steel product imports

Monday, December 23, 2024

Italy's crude steel production decreased in November

Monday, December 23, 2024

Ukraine increased the export of scrap by 62.4%

Monday, December 23, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now