Blastr Green Steel will be green steel mill at Finlandi

The steel company Blastr Green Steel plans to build a green steel plant with a capacity of 2.5 million tons of ultra-low CO2 steel per year in Inkoo (Finland). This is stated in the press release of the company.

The technological partner of the project is the market leader in environmental and energy-efficient solutions for the steel industry Primetals Technologies. The partnership covers a number of important components in production, including the design of a direct iron reduction (DRI) plant, an electric steelmaking workshop, and two production lines. Primetals Technologies will develop a DRI unit that will run 100% on hydrogen, in collaboration with Midrex Technologies.

«This partnership is an important milestone on our journey towards sustainable steel production and decarbonisation. By combining our strengths with industry leaders, we are ready to drive innovation and shape the future of steel production, «said Mark Bula, CEO of Blastr Green Steel.

The future DRI plant will produce hot direct reduction iron (HDRI) directly for further processing by a steel mill, and hot briquette iron (GBZ) for shipment by third-party customers.

Primetals Technologies will also build a melting shop based on an electric arc furnace (EDP), where HDRI will be sent in combination with scrap. The company will be responsible for the complete electrification and automation of the workshop including advanced automation systems and solutions to optimize production management.

«The production process will be optimized through digitalization, increased use of robotics and advanced remote control solutions, which will ensure the highest possible level of autonomous operations and increase labor safety, which is the main priority of the project,» comments Andreas Vieboek, Head of Upstream Technologies at Primetals Technologies.

Secondary equipment, in particular the ladle furnace and reverse osmosis plant, will allow Blastr to produce high-quality steel grades for the automotive sector and other industries. In addition,

Secondary equipment, in particular the ladle furnace and reverse osmosis plant, will allow Blastr to produce high-quality steel grades for the automotive sector and other industries. In addition, the project involves the installation of energy reuse systems, a slab and hot rolling bottling line (Arvedi ESP), as well as a modern continuous etching and galvanizing line for the production of a variety of hot-rolled products.

Шn March last year, Blastr Green Steel announced its intention to invest more than €1 billion in the construction of a rolling plant in the municipality of Gildeskål in Norway. It was assumed that the plant will produce DRI-pellets, which will be used as raw materials for the company’s “green” steel plant in Finland.

  • Global Market

Posco and Hyundai are developing innovative electrical steel to improve the efficiency of electric vehicles

South Korean steel giant Posco has launched a large-scale project in collaboration with the Hyundai…

Sunday July 12, 2026
  • Global Market

Average prices for oil and gas OCTG pipes in the US stabilised at $2,563/t in June

Regional pipe markets are seeing mixed trends, linked to the specific characteristics of pipe products.…

Sunday July 12, 2026
  • Global Market

African Industries is to build Nigeria’s largest solar-powered steelworks

The Nigerian metallurgical company African Industries Group has been granted 500 hectares of land in…

Saturday July 11, 2026
  • Companies

Kametstal has shut down blast furnace No. 1M for a major overhaul

The Kametstal Steel Plant, part of the ‘Metinvest’ Group, has commenced its most extensive overhaul…

Friday July 10, 2026
  • Global Market

ArcelorMittal is raising prices for rolled steel in Europe by €50 per tonne

ArcelorMittal, Europe’s largest steel producer, is raising prices for coiled steel across Europe by €50…

Friday July 10, 2026
  • Global Market

German industry has called on the government to launch a reform of rail fares

Germany’s leading industrial associations have issued a joint urgent appeal to the government over the…

Friday July 10, 2026