9,420.42 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.40 USD USD USD
36.34 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.75 TRY Interest Interest
71.81 USD Fossil Oil Fossil Oil
30.38 USD Silver Silver
4.10 USD Copper Copper
98.18 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,835.93 TRY Gold (gr) Gold (gr)

Steel innovation for carbon-free future!

A team of researchers led by Professor Olaf Deutschmann has developed a revolutionary hydrogen technology for the steelmaking industry, which aims to reduce CO2 emissions.

Steel innovation for carbon-free future!

Professor Olaf Deutschmann from KIT's Institute of Chemical Technology and Polymer Chemistry (ITCP) has led a research team that has made a revolutionary breakthrough in the steelmaking industry. The newly developed hydrogen technology holds the potential to reduce the carbon footprint of steel companies and is expected to make a valuable impact on the global struggle against climate change.

Prof. Deutschmann is reported to emphasized that this innovative technology could take a long time to catch on with steel companies around the world, highlighting the need for rapid and effective action in the current climate crisis. Researchers from the Karlsruhe Institute of Technology (KIT) and  German SMS Group have determined that this new process, based on modernizing blast furnace technology, has the potential to reduce carbon footprint by 2%-4% with moderate investments.

Cost-effective also for conventional plants, this technology offers a promising solution to reduce CO2 emissions in a global context. Improving industrial sustainability through environmentally friendly approaches by modernizing steel production processes is a priority goal of the research team.

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

Ziraat Dinamik: A new era in digital banking begins!

Sunday, November 17, 2024

BSRM Steels to launch new steel plant in 2025

Thursday, November 14, 2024

European Commission releases autumn 2024 economic forecast

Saturday, November 16, 2024

voestalpine performed strong in H1 2024/25 despite the challenging economic conditions

Thursday, November 14, 2024

GMH Gruppe aims for climate neutrality in steel production

Saturday, November 16, 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