German steel maker Salzgitter AG and special cold rolled strip leader Waelzholz Group have concluded a partnering agreement covering the joint development and supply of low-CO2 strip steel, initially for a period until 2028. The goal of both companies is to jointly take a leading role in the transformation process in the steel industry on the course to decarbonization. With this partnering agreement for the supply of strip steel with a reduced CO2 footprint, the partners are now intensifying their close cooperation spanning decades.These reduced CO2 steels are produced by Salzgitter AG via a special electric metallurgical furnace route which means, in comparison with the traditional blast furnace route, that dependent on the product, around 71% of CO2 emissions can currently be avoided. In the summer of 2021 Waelzholz became the first customer of Salzgitter AG to receive strip steel produced via this route. Since then, Waelzholz has already jointly expanded the spectrum of steel grades in order to meet the demands of numerous customers and end users.By far the greatest share of the CO2 footprint of the cold-rolled strip steels manufactured by Waelzholz is accounted for in the production of the input material. Consequently, from an overall perspective, reducing the level of emissions occurring in steel production is of major importance.In order to achieve a further massive reduction in CO2 emissions in steel manufacturing, as part of the SALCOS, Salzgitter is incrementally switching its production to a hydrogen-based route. In contrast to the blast furnace methods used in the past, hydrogen and green electricity are now replacing the carbon previously required to make steel. Based on this process, Salzgitter AG plans to reduce CO2 emissions in the production of steel to less than five percent of original levels.Waelzholz has been a pioneering innovator for more than 190 years. In 1829 Caspar Diederich Wälzholz purchased a wire rod mill in Nahmertal and thus laid the foundation for the company as it is today. Today, with 2,300 employees, Waelzholz is one of the largest cold rolling mills in the world and its global presence is only getting stronger. Waelzholz has production sites and distribution centers in strategically important target markets in Asia and America. It produces special grade cold rolled steel strips & special products
German steel maker Salzgitter AG and special cold rolled strip leader Waelzholz Group have concluded a partnering agreement covering the joint development and supply of low-CO2 strip steel, initially for a period until 2028. The goal of both companies is to jointly take a leading role in the transformation process in the steel industry on the course to decarbonization. With this partnering agreement for the supply of strip steel with a reduced CO2 footprint, the partners are now intensifying their close cooperation spanning decades.These reduced CO2 steels are produced by Salzgitter AG via a special electric metallurgical furnace route which means, in comparison with the traditional blast furnace route, that dependent on the product, around 71% of CO2 emissions can currently be avoided. In the summer of 2021 Waelzholz became the first customer of Salzgitter AG to receive strip steel produced via this route. Since then, Waelzholz has already jointly expanded the spectrum of steel grades in order to meet the demands of numerous customers and end users.By far the greatest share of the CO2 footprint of the cold-rolled strip steels manufactured by Waelzholz is accounted for in the production of the input material. Consequently, from an overall perspective, reducing the level of emissions occurring in steel production is of major importance.In order to achieve a further massive reduction in CO2 emissions in steel manufacturing, as part of the SALCOS, Salzgitter is incrementally switching its production to a hydrogen-based route. In contrast to the blast furnace methods used in the past, hydrogen and green electricity are now replacing the carbon previously required to make steel. Based on this process, Salzgitter AG plans to reduce CO2 emissions in the production of steel to less than five percent of original levels.Waelzholz has been a pioneering innovator for more than 190 years. In 1829 Caspar Diederich Wälzholz purchased a wire rod mill in Nahmertal and thus laid the foundation for the company as it is today. Today, with 2,300 employees, Waelzholz is one of the largest cold rolling mills in the world and its global presence is only getting stronger. Waelzholz has production sites and distribution centers in strategically important target markets in Asia and America. It produces special grade cold rolled steel strips & special products
