The German manufacturer Salzgitter AG announced a three -year delay in the following stages of expansion of its flagship initiative on green steel, the Salcos project, according to the report published by Reuters. Although the first stage is still on the way to launch in 2027, the subsequent stages, which are expected to reduce emissions by 95 percent, were delayed due to adverse market conditions and regulation uncertainty.
The first phase moving forward
includes:
- 100 MW of the power of the electrolyzer for the production of hydrogen,
- installation of direct recovery (DRI) and
- arc electric burst (EAF).
After commissioning in 2027, this stage will reduce the emissions of carbon by 30 percent, covering about 2 million Metric tons of steel per year.
delays at later stages
Salzgitter AG General Gunnar Gruner confirmed that later stages of extension intended to reduce emissions of up to 95 percent, now they will be considered for investment in 2028 or 2029 instead of earlier than earlier planned 2026. According to the tomb, this decision reflects the slower than expected, the development of the hydrogen market, the unfulfilled regulatory promises of politicians and the complex economic environment for large investments.
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