Hatch is the technology licensor of the electric furnaces that
melt the DRI and help to reduce the oxygen content further thereby improving
the final steel quality, it added.
The cost for this first development
step is in excess of 65 million euros and will result in an engineering package
that forms the basis for a final permitting and project planning, it added.
Tata Steel Nederland has signed contracts
with three Dutch companies to collaborate on using hydrogen for manufacturing
steel at its Ijmuiden facility in The Netherlands.
The Tata group company has tied up with McDermott, Danieli and Hatch to shift to green steel manufacturing in a clean environment as fast as possible. All three companies have their specific expertise that collectively is needed to help Tata Steel shape and deliver the hydrogen-based steel manufacturing, it said in a statement.
The cost for this first development step is in excess of 65 million euros and
will result in an engineering package that forms the basis for a final
permitting and project planning, it added.