Steel is the most important material for Germany’s manufacturing sector. Yet, it is also one of the worst offenders in terms of carbon emissions.
Owned by Salzgitter AG, Germany’s second-largest steelmaker, the installation is an ambitious attempt to revolutionise the steelmaking process, and ultimately, secure a critical piece of the country’s economy.
Its production techniques, which have remained unchanged for over a century and a half, rely on fossil fuel-burning furnaces that generate over one tonne of carbon for each tonne of steel created – more than the cement or chemicals sectors. If beleaguered German steel companies Thyssenkrupp AG, Salzgitter and Dillinger Hüttenwerke falter, firms like Mercedes-Benz AG and BMW AG will have to turn elsewhere for supplies. That could potentially lead manufacturing supply chains to drift overseas, and would close a chapter on a key part of the country’s industrial heritage.
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