Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Chinese steelmaker Hebei Iron and Steel (HBIS) has signed a contract with Tenova to build a direct-reduced iron (DRI) production plant, which will use hydrogen gas as fuel. 

 

Touted to be the world’s first such facility, according to a media statement from Tenova, the plant will be capable of producing 600,000mt of DRI per year and will use 70pc hydrogen concentration, with a net final emission of just 125kg of carbon dioxide per ton. 

 

The HBIS DRI plant in China will feature Energiron technology, co-developed by Danieli and Tenova for low-emission metal processing units, Tenova noted adding that the project was slated for completion by the end of next year. 

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