Finland’s Blastr Builds Bold Blast

Blastr Green Steel will produce 2.5 million metric tons of ultra‑low CO₂ flat steel annually at its Inkoo plant, integrating a 6 million‑metric‑ton pellet facility. Using a Midrex H₂™ direct reduction iron plant (2 million tons/yr) combined with an electric arc furnace and continuous pickling and galvanising lines, the site aims to slash emissions by ~90%, create 1,000 direct and up to 4,600 indirect jobs, with commissioning set for 2027–28.

Sweden’s HYBRIT Heeds Hydrogen Horizon

HYBRIT, a venture by SSAB, LKAB & Vattenfall, has piloted fossil‑free iron using hydrogen reduction since 2016. After producing over 5,000 metric tons of sponge iron, it is building a full‑scale DRI demonstration plant set to launch in 2026, marking a pivotal step toward industrial‑scale hydrogen‑steel production .

Stegra’s Ambitious Ascent

Stegra’s, formerly H2 Green Steel, Sweden-based site in Boden will deploy Midrex DRI powered by over 700 MW of thyssenkrupp nucera electrolyzers. It plans 2.5 million metric tons per year from 2026, ramping to 5 million metric tons by 2030, with production powered by renewable electricity and hydrogen, promising ~95% emission reduction.

GravitHy Gathers Green Gravitas

France’s GravitHy plans a 2 million metric ton/year DRI/HBI plant at Fos‑sur‑Mer by 2029. Backed by €60 million in funding, powered by a 750 MW electrolyser and nuclear‑sourced electricity, it aims to cut CO₂ emissions by 90% and supply green steel across automotive, construction and infrastructure markets .

Green Steel Arabia Forging Future Foundations

Green Steel Arabia is preparing to implement hydrogen‑DRI steel production in Saudi Arabia’s Neom region, leveraging massive renewable hydrogen capacity to drive ecological metallurgical transformation at industrial scale.

Green Steel WA’s Western Windfall

In Western Australia, Green Steel WA and Port Hedland Green Steel are tapping into Pilbara’s renewable energy to drive hydrogen‑based DRI and electric arc production, aiming for eco‑steel megaproject status next decade.

Vulcan’s Verdant Vision

Vulcan Green Steel is developing an eco‑steel megaplex powered by renewable energy and hydrogen reduction, aiming to transform traditional carbon‑heavy steelmaking into a sustainable industrial ecosystem.

4. Key Takeaways (Bullet Points)

• Blastr, HYBRIT, H2 Green Steel and GravitHy aim to produce 2.5 – 5 million metric tons/year of green steel using hydrogen‑DRI & EAF tech.

• These ventures expect to cut CO₂ emissions by 90, 95% by replacing coal‑based methods with renewable hydrogen, integrated pellet production, and smart automation.

• Strong backing, from industrial partners, electrolyser suppliers, and investor funding between €60 million & €6.5 billion, demonstrates significant confidence in green‑steel’s commercial future.