Three Dutch firms have signed contracts with Tata Steel Nederland to work together on the use of hydrogen for steel production at its Ijmuiden site in the Netherlands. The Tata Group Company has partnered with McDermott, Danieli, and Hatch to transition to clean-environment green steel manufacturing as soon as possible. According to a statement from Tata Steel, each of the three firms has a unique area of expertise that must be combined to assist Tata Steel develop and implementing its hydrogen-based steel manufacturing.
This initial phase of development would cost more than 65 million euros and provide an engineering package that will serve as the foundation for the project's final permitting and planning, it was stated. The Tata Steel internal project and sustainability team, working closely with the main delivery partners, is in charge of the entire project. For the construction input and assistance with the technical project management, McDermott is responsible.
Danieli is in charge of the engineering design for the facility and equipment that produce Direct Reduced Iron (DRI), the first step in the production of iron. The electric furnaces that melt the DRI and aid in further lowering the oxygen level, boosting the quality of the final steel, are licensed by Hatch, it was said.
Separately, Tata Steel stated that it had purchased additional shares on a preferential basis to make an investment of about '54 crore in its fully owned subsidiary Tata Steel Mining (TSML). According to a regulatory update, TSML would use the funds to meet capital expenditure requirements.