Leading Russian iron ore and HBI producer Metalloinvest is ready to become a partner for green metallurgy in Germany by supplying hot-briquetted iron, the low-carbon raw material for steel production. European steel companies that target a lower carbon print from their products, are announcing plans to transition to electric-arc furnaces production from the blast furnaces over the next 10 years. Metalloinvest estimates HBI volume of the European market at about 3.5 million tonnes.Almost all of the largest European electric steel producers, such as Arvedi, ArcelorMittal, Ferriere Nord, Riva, Celsa are the customers of Metalloinvest.
Leading Russian iron ore and HBI producer Metalloinvest is ready to become a partner for green metallurgy in Germany by supplying hot-briquetted iron, the low-carbon raw material for steel production. European steel companies that target a lower carbon print from their products, are announcing plans to transition to electric-arc furnaces production from the blast furnaces over the next 10 years. Metalloinvest estimates HBI volume of the European market at about 3.5 million tonnes.Almost all of the largest European electric steel producers, such as Arvedi, ArcelorMittal, Ferriere Nord, Riva, Celsa are the customers of Metalloinvest.
