Blastr Green Steel is exploring the potential to supply 100,000 tonnes of hydrogen-based steel per year to Central Europe with metals processing firm Knauf Interfer.

Having entered a Memorandum of Understanding (MoU), the pair plan to develop a low-carbon dioxide (CO2) steel supply network, centred around Knauf Interfer’s hub in Duisburg, Germany.

Blastr has plans to build a €4bn green steel plant with an integrated hydrogen production facility in Inkoo, Finland. The firm also wants to set up a green pellets plant in the UK.

Using hydrogen to produce direct reduced iron (DRI), the company expects to be able to reduce CO2 emissions by 90% compared to traditional steel production.