Many of our customers consider it important to take delivery of a real, physical reduced-CO2 product now rather than being satisfied with more or less theoretical CO2 footprint projections. Gunnar Groebler, Chief Executive Officer of Salzgitter AG: 'Expanding our product portfolio to include green strip steel from the new low CO2 production route is a key component of our decarbonization strategy that we are already in the process of implementing today. Furthermore, we will be rigorously pursuing the path toward low CO2 steel production through SALCOS - SAlzgitter Low CO2-Steelmaking. This fundamental transformation will enable us to completely replace conventional steel production in a series of defined steps through hydrogen-based processes. This will enable us to achieve our mission of reducing CO2 by around 95%, thus avoiding 1% of Germany's current emissions.'

As the first steel producer in Europe, Salzgitter AG has obtained conformity statements for its new green steel products in accordance with the VERIsteel standard of TÜV SÜD (German technical inspectorate). The process provides proof of product-specific CO2 emissions in steel production and flanks the process of decarbonization. The conformity statements confirm that switching the steel production process from the conventional blast furnace route to the electro-steel route achieves CO2 savings of between 66% and 75% depending on the final product delivered.

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Salzgitter AG published this content on 22 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2021 12:07:09 UTC.