H2 Green Steel
Latest News
H2 Green Steel Reaches New Funding Milestone
22 January 2024 - H2 Green Steel has signed definitive debt financing agreements amounting to EUR4.2 billion and has raised an additional EUR300 million in equity, the startup producer said Monday.
H2 Green Steel Shores Up Supply of DR Pellets
10 August 2023 - In two separate deals, Sweden’s H2 Green Steel is securing its supply of direct reduction iron ore pellets from Rio Tinto’s Iron Ore Company of Canada and Vale.
H2 Green Steel Receives EU Financial Support
14 July 2023 - Steel startup H2 Green Steel will share in EUR1.2 billion in funding under a EU program meant to support the bloc’s clean energy transition.
H2 Green Steel Considers North American Steel Production Plant
08 June 2023 - Nordic startup H2 Green Steel has signed a supply agreement with Mercedes-Benz for 50,000 metric tons annually of green steel as they assess the potential to produce steel in North America.
H2 Green Steel Begins Its Other Green Effort: Fundraising
25 April 2023 - Steelmaking startup H2 Green Steel has begun seeking EUR1.5 billion in equity funding for its planned facility in Boden, reports the Financial Times.
BILSTEIN Group Signs Green Steel Supply Agreement
17 April 2023 - Cold-rolled strip maker BILSTEIN Group has signed a binding, seven-year supply agreement with startup H2 Green Steel for its low-CO2 steel.
H2 Green Steel Establishes Relationships With Energy Provider, Iron Ore Producer
04 April 2023 - H2 Green Steel has struck up partnerships with an iron ore miner and an electricity supplier, two more milestones for the startup Swedish steelmaker.
H2 Green Steel Partners With Industrial Solutions Firm
09 January 2023 - Steelmaking startup H2 Green Steel has signed a letter of intent to collaborate with Swedish industrial solutions provider Mobilaris, the company said on Monday.
H2 Green Steel Finds Debt Financing for Mill Project
26 October 2022 - Swedish steelmaking startup H2 Green Steel has tentatively arranged EUR3.5 billion in debt financing to support construction of its planned mill, the company reports.
H2 Green Steel Partners With Midrex on Direct Reduction Plant
11 October 2022 - H2 Green Steel, a Swedish startup that is planning to build a hydrogen-based steel mill, is partnering with direct reduction specialist Midrex, the company has announced.
H2 Green Steel, BMW Group Sign Final Agreement on CO2-Reduced Steel Delivery
19 August 2022 - BMW Group and startup steel producer H2 Green Steel have signed a final agreement on delivery of CO2-reduced steel, solidifying plans for the automaker to take some of the plant’s output.
H2 and Hitachi Energy Announce Partnership
21 July 2022 - Hitachi Energy and H2 Green Steel have signed a Memorandum of Understanding to collaborate on projects that support the industrial startup in producing green steel.
Green Mill Secures Renewable Power Source
09 June 2022 - A proposed steel mill in Sweden has signed a seven-year power purchase agreement securing a source of renewable energy, the project leaders have said.
