In June 2023, Hydnum Steel and Primetals Technologies signed a Memorandum of Understanding (MoU) with the intention to implement a greenfield plant for green steel production in Puertollano, Spain. The comprehensive project is a collaboration between Hydnum Steel, Russula, ABEI Energy, Siemens, and Primetals Technologies as the engineering and technology provider.
The plant is set to become one of the most prominent sites for green steel production in Europe. While it will initially produce 1.5 mln tons of HRC, the annual capacity is projected to be at 2.6 mln tons of HRC and CRC by 2030.
The plant will supply high quality flat steel to different industries and applications including high strength grades for the automotive industry, as car manufactures are moving into the electrical vehicle market. The automotive industry accounts for some 10 pct of Spain’s gross domestic product (GDP). At the same time, Spain, and Europe as a whole, are currently and traditionally net importers of flat steel.
The partners’ intention is to implement a direct reduced iron (DRI) production unit and a complete cold rolling complex in Phase 2 and 3. The DRI plant will be powered by green hydrogen generated using local renewable energy.
Global engineering company Russula is leading the project development, with support and contribution from independent power producer ABEI Energy, global industrial company Siemens, and Primetals Technologies.
