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Liberty Steel Ties Up With European Firms To Build France s First Hydrogen-Based Steel Plant
While Paul Wurth is a Luxembourg-based engineering company providing technology for the global iron making industry, SHS -Stahl-Holding-Saar of Germany is an operations management company.
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UK-based Liberty Steel Group, owned by Indian-origin metals tycoon Sanjeev Gupta, has signed MoUs with two European companies to set up France s first hydrogen-based steel making plant.
Liberty Steel Group is part of diversified GFG Alliance, which has a presence in India. Last year in February, GFG Alliance made a foray into the domestic steel industry with the acquisition of Adhunik Metaliks Ltd and its arm Zion Steel for about Rs 425 crore. LIBERTY Steel Group has signed a Memorandum of Understanding (MoU) with Paul Wurth and SHS to assess the building and operating of an industrial-sized, hydrogen-based steel making plant at Dunkerque in France. If deve
Liberty Steel ties up with European firms to build France s first hydrogen-based steel plant
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Last Updated: Feb 22, 2021, 02:48 PM IST
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Synopsis
Liberty Steel Group is part of diversified GFG Alliance, which has a presence in India. Last year in February, GFG Alliance made a foray into the domestic steel industry with the acquisition of Adhunik Metaliks Ltd and its arm Zion Steel for about Rs 425 crore.
Agencies
Liberty Steel Group has signed MoUs with two European companies to set up France s first hydrogen-based steel making plant.
UK-based Liberty Steel Group, owned by Indian-origin metals tycoon Sanjeev Gupta, has signed MoUs with two European companies to set up France s first hydrogen-based steel making plant.
Rio Tinto, Paul Wurth S.A. and SHS-Stahl-Holding-Saar GmbH & Co. KGaA (SHS) have signed a Memorandum of Understanding to explore the viability of transforming iron ore pellets into low-carbon hot briquetted iron (HBI) (a form of Direct Reduced Iron, DRI), a steel feedstock (earlier post) using green hydrogen generated from.