GFG Alliance is to create its first "Greensteel" facility in Europe at its Liberty Steel facility in Galati, Romania, as part of its plan to become carbon neutral by 2030, the company said this week.
The investment plans include a Direct Reduced Iron (DRI) plant with a capacity to produce 2.5 million tonnes - initially using natural gas, but with the aim of transitioning to using hydrogen as that production technology becomes more cost effective.Liberty Galati is the largest integrated steelworks in Romania, with a current production...