The agreement will see SMS group, including Paul Wurth and its consortium partner Midrex, as suppliers of process equipment from ironmaking to the finished steel products of the world’s first industrial-scale steel plant based on hydrogen and electricity from renewable sources.
SMS group will, together with fully owned Paul Wurth and its consortium partner Midrex, provide a Midrex direct reduction plant, the EAF based melt shop, a CSP Nexus casting and hot rolling plant as well as a cold rolling and processing complex for the production of a broad product mix including Advanced High Strength Steel and automotive steel grades. Leading car manufacturers have already signed agreements with H2 Green Steel for the supply of green, high-quality steel. The total order volume for SMS group exceeds EUR 1 billion.
The H2 Green Steel site will be a close to 300 hectares greenfield area in Boden in the Swedish Norbotten region. The plant is expected to produce green steel by 2025, ramping up volumes in 2026.