Importing green hydrogen-based sponge iron from renewable-rich countries could reduce shipping volumes by nearly 75% compared to producing it locally with imported hydrogen and iron ore, according to new SteelWatch analysis.
The steel decarbonisation advocacy group said that local direct reduced iron (DRI) production in regions like northern Europe would take around four times more shipping capacity for hydrogen and iron ore than shipping the end product.
It said the inputs for a local 2.5 million tonne per annum (mtpa) direct reduced iron (DRI) plant total of 3.5 million cubic metres of hydrogen and iron ore would need to be imported.
… to continue reading this article and more, please login, register for free, or consider subscribing to H2 View
