Flour Corporation has been chosen by H2 Green Steel to provide engineering, procurement and construction management services at the world’s first renewable hydrogen-based integrated ‘green steel’ mill in Boden, Sweden
Once complete, the green steel mill will produce five million tonnes of steel annually by 2030, with up to 95% less CO2 emissions compared to steel produced using traditional blast furnace technology.
Flour will focus on providing services to the site’s melt shop and casting, rolling, and finishing facilities.
The original price point for the green steel mill was announced at roughly €2.5bn but has since more than doubled.
Power will be supplied on-site from one of the world’s largest electrolyser hydrogen plants, which is part of the roughly €6.5bn project.
H2 Green Steel signed a €250m grant agreement
H2 Green Steel recently signed a €250m grant agreement under the Innovation Fund through the European Climate, Infrastructure and Environment Executive Agency (CINEA).
The Innovation Fund is financed by the European Union’s Emissions Trading System and supports innovative projects that aim to speed up decarbonisation of European industry and accelerate the green transition.
Construction of the mill has already begun
“The execution of the H2 Green Steel project will build on Fluor’s long-term presence in the steel industry, our expertise in novel, low-emissions steelmaking technologies and our strong presence in Europe,” said Harish Jammula, president of Fluor’s Mining & Metals business line.
“We are excited to be part of this important project and to support H2 Green Steel on their journey to sustainable steelmaking.”
