Germany – The Spaeter Group has teamed with Salzgitter Flachstahl GmbH to produce and deliver low carbon steel under the SALCOS – Salzgitter Low CO2 Steelmaking program.
In order to achieve nearly carbon-neutral production by 2033, the initiative aims to gradually switch the manufacture of steel to hydrogen-based technologies.
The Salzgitter Group subsidiary Salzgitter Flachstahl GmbH has been using electric steel techniques to produce low carbon steel products. In order to meet climate targets and aid Germany’s transition to a carbon-neutral economy, the new cooperation with Spaeter Group will further improve their capacity to produce green steel.
Product carbon footprint
Customers of the Spaeter Group will be able to buy SALCOS green steel everywhere in the world thanks to the agreement. The steel dealer will help its clients reduce the product carbon footprint (PCF) of the steel goods they purchase.
In order to meet the climate goals established by many governments and organizations, green steel production techniques must be adopted. The SALCOS initiative will help the steel industry, which is renowned for having a high carbon footprint, reduce carbon emissions.
The manufacture of green steel, however, may face difficulties due to high costs and the scarcity of raw materials low in carbon. Large amounts of electricity are needed to utilise hydrogen in the steel-making process, and in some areas, this electricity may not be entirely renewable. The stability of hydrogen storage and transportation is also a source of worry.
To sum up, the collaboration between Spaeter Group and Salzgitter Flachstahl GmbH is an important step toward realizing the objective of carbon-neutral steel production. In order to achieve a sustainable future, this collaboration will help lower carbon emissions in the steel production business.