You are here: Home > Steel News > Latest Steel News > Portugal’s...

Portugal’s EDP and ArcelorMittal Tubarão to collaborate on green hydrogen

Monday, 30 October 2023 12:09:33 (GMT+3)   |   Istanbul
       

Portugal-based energy company EDP and ArcelorMittal Tubarão, Brazilian subsidiary of global steel giant ArcelorMittal, have inked a deal to carry out a technical and economic feasibility study for a green hydrogen pilot project in Brazil.

As part of the project, ArcelorMittal Tubarão also aims to increase steel production with low-carbon emissions.

In the first stage, both parties will assess the technical, economic and environmental aspects of the project. They will also define the scope and requirements necessary for its implementation and will establish a solid basis for decisions regarding the following stages of the partnership. The study is expected to be completed within a year.

ArcelorMittal Group is committed to become carbon-neutral by 2050. “The study in partnership with EDP represents another significant step on this journey. With this collaboration, we will explore the possibility and feasibility of, in the future, incorporating and applying hydrogen as part of our production process, contributing, together, with alternatives to becoming a carbon-neutral company in the future,” ArcelorMittal Flat Carbon Latin America CEO Jorge Oliveira stated.


Similar articles

Rebar export price increases in Brazil during the last four weeks

23 Oct | Longs and Billet

ArcelorMittal Vega produces first HDG at new annealing and HDG line

03 Oct | Steel News

Brazilian HDG export prices remain stable

24 Sep | Flats and Slab

Price declines in four weeks for Brazilian HDG exports

19 Aug | Flats and Slab

CRC import price offers decline in Brazil

14 Aug | Flats and Slab

Brazil’s HDG export prices decline

17 Jul | Flats and Slab

ArcelorMittal Brasil orders twin ladle furnace from Danieli

20 May | Steel News

ArcelorMittal maintains expansion plans in Brazil

03 May | Steel News

ArcelorMittal Brazil posts lower net profit for 2023

29 Apr | Steel News

ArcelorMittal Brasil and Petrobras to cooperate to develop low-carbon economy

28 Feb | Steel News