Market Segment
September 6, 2023
H2 Green Steel, Vale Ink Pact for 'Green Industrial Hubs' in Americas
Written by Ethan Bernard
Sweden’s H2 Green Steel has signed an agreement with Brazilian miner Vale to jointly study the feasibility of developing green industrial hubs in Brazil and North America.
The sustainable steelmaker said on Wednesday it is exploring production of low-carbon steel value chain products, such as green hydrogen and hot-briquetted iron (HBI), using iron ore briquettes made by Vale as input material. Additionally, H2 Green Steel noted it would use renewable electricity as the energy source for its hydrogen production.

