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Tata Steel to invest in hydrogen-based steel manufacturing
All three companies have their own specific proficiency that is needed together to assist Tata Steel in hydrogen-based steel manufacturing.
The cost for this first development step is in excess of 65 million euros and will result in an engineering package that forms the basis for a final permitting and project planning. The overall project is led by the Tata Steel internal project and sustainability team, with close support from the main delivery partners.
McDermott is responsible for the construction input and support of the technical project management.
Danieli will oversee the engineering design of the plant and technology that delivers the Direct Reduced Iron (DRI), the first step in the iron-making process.
Hatch is the technology licensor of the electric furnaces that melt the DRI and help reduce the oxygen content further, thereby improving the final steel quality.
The REF and DRI plants are closely combined to form an integrated production system.
Also read:
Tata Steel to invest big in India and Europe operations
Welspun Corp and Tata Steel enter a green energy partnership
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