Netherlands: Tata Steel to invest over 65 mn euros for hydrogen-based mfg ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 23
Tata Steel on Tuesday said it will invest more than 65 million euros for hydrogen-based steel manufacturing in the Netherlands. Hydrogen has the potential to decarbonise steel manufacturing. Tata Steel has inked pacts with three firms -- McDermott, Danieli and Hatch -- for the further technical preparations for hydrogen-based steel manufacturing in the Dutch city of Ijmuiden. All three companies have their own specific proficiency that is needed together to assist Tata Steel in hydrogen-based steel manufacturing. "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

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