Plans for €4bn green steel and H2 plant

Norwegian start-up Blastr has today announced plans to build a €4bn ($4.22bn) green steel plant in southern Finland, complete with its own wind-powered green hydrogen production facility.

The project, which has the support of the Finnish government, would produce 2.5 million tonnes of high-quality green steel annually, with the H2 produced on-site used instead of coke to extract iron from ore.