LIBERTY has signed a contract with Danieli for the delivery of two state-of-the-art hybrid electric arc furnaces at the centre of Ostrava’s GREENSTEEL transformation plan. The CZK 8.6 billion (EUR 350 million) investments, which will be the largest investment in the steelworks for a generation, is a huge step forward in LIBERTY Ostrava’s plan to become carbon neutral by 2030. The new furnaces, the first of their kind in Europe, will have a combined capacity of 3.5 million tonnes per annum and will reduce the overall CO2 emissions of the Ostrava steelworks by more than 80% by 2027. The two 200 tonne furnaces uses the innovative and patented Danieli QONE power electronics technology to control arc current and voltage for a more efficient and stable power delivery to the furnaces. This will allow the furnaces to be more flexible in the charge mix from large quantities of Hot Metal and Direct Reduced Iron and up to 100% scrap in the second phase of the project. In doing so the plant will reduce its reliance on imported coal and iron ore and provide even greater production flexibility. The new furnaces are expected to be operational in 2025 and will be able to melt 100% scrap in 2027 following the planned installation of a 400kV electricity line into the Ostrava steelworks. At the same signing ceremony LIBERTY Ostrava signed a Declaration of Cooperation with ČEZ ESCO, part of the ČEZ group which is one of Europe’s largest energy companies. This partnership will identify and develop the renewable energy and hydrogen technologies required for Ostrava’s GREENSTEEL transformation.LIBERTY Ostrava is an integrated steel business with an annual production capacity of approximately 3.6 million tonnes per annum serving construction, machinery and oil & gas industries. The company is a domestic leader in the manufacture of road barriers and tubes. In addition to the Czech market, it supplies its products to more than 40 countries around the world. Together with its subsidiaries in Ostrava, the company has 6,000 employees.LIBERTY has also launched the tender process for similar hybrid electric arc furnaces for Ostrava’s sister plant LIBERTY Galati in Romania, as it too transforms to GREENSTEEL technologies and the group targets 10 million tonnes of GREENSTEEL capacity in Europe over the next five years.
LIBERTY has signed a contract with Danieli for the delivery of two state-of-the-art hybrid electric arc furnaces at the centre of Ostrava’s GREENSTEEL transformation plan. The CZK 8.6 billion (EUR 350 million) investments, which will be the largest investment in the steelworks for a generation, is a huge step forward in LIBERTY Ostrava’s plan to become carbon neutral by 2030. The new furnaces, the first of their kind in Europe, will have a combined capacity of 3.5 million tonnes per annum and will reduce the overall CO2 emissions of the Ostrava steelworks by more than 80% by 2027. The two 200 tonne furnaces uses the innovative and patented Danieli QONE power electronics technology to control arc current and voltage for a more efficient and stable power delivery to the furnaces. This will allow the furnaces to be more flexible in the charge mix from large quantities of Hot Metal and Direct Reduced Iron and up to 100% scrap in the second phase of the project. In doing so the plant will reduce its reliance on imported coal and iron ore and provide even greater production flexibility. The new furnaces are expected to be operational in 2025 and will be able to melt 100% scrap in 2027 following the planned installation of a 400kV electricity line into the Ostrava steelworks. At the same signing ceremony LIBERTY Ostrava signed a Declaration of Cooperation with ČEZ ESCO, part of the ČEZ group which is one of Europe’s largest energy companies. This partnership will identify and develop the renewable energy and hydrogen technologies required for Ostrava’s GREENSTEEL transformation.LIBERTY Ostrava is an integrated steel business with an annual production capacity of approximately 3.6 million tonnes per annum serving construction, machinery and oil & gas industries. The company is a domestic leader in the manufacture of road barriers and tubes. In addition to the Czech market, it supplies its products to more than 40 countries around the world. Together with its subsidiaries in Ostrava, the company has 6,000 employees.LIBERTY has also launched the tender process for similar hybrid electric arc furnaces for Ostrava’s sister plant LIBERTY Galati in Romania, as it too transforms to GREENSTEEL technologies and the group targets 10 million tonnes of GREENSTEEL capacity in Europe over the next five years.
