What Is Green Steel?

Heavy industry, including metallurgy, is responsible for 7-8% of the global CO₂ emissions. Within the metallurgical industry, however, there are only two harmful processes, the so-called ‘liquid phase’ and the ‘reheating phase’.

In the last decade, a large number of projects have been launched aiming to use hydrogen directly as a substitute for natural gas in DRI processes – these projects are now at a mature stage, in production and on an industrial scale. Today it is clear that there is a proven technology to produce sponge iron while replacing blast furnaces. And that sponge iron can be used to produce steel in an electric arc furnace. And that’s nice, really.
But our green steel is different.
Steel is infinitely reusable: the world produces 2 billion tons of steel every year, most of which is new steel from ore, while billions of tons of scrap metal is generated. Cyclosteel turns scrap metal into high quality alloyed steel, locally and on a regional scale. We produce steel bars in a totally carbon neutral way.

What We Do

Cyclosteel melts 350 thousand tons in an electric furnace of the 1.2 million tons of scrap metal generated locally. The liquid steel is further alloyed in ladle furnaces with a VODs.

47% of the electricity used to supply the minimill is provided by a 85 MW solar power park (with battery park) and a 24 MW wind turbine park to be built adjacent to the plant. The rest is covered by other green energy sources.
The finished steel is crystallized in a continuous casting machine and a semi-continuous caster and transformed into billets and blooms. The hot billet then goes directly into the rolling mill (one-heat technology) where alloyed steel barsare produced mainly for automotive, engineering and tooling applications. The complete mill is fully electric from the melting till the finishing.

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