Hydnum Steel
Green steel production using non-fossil energy, leading sustainable industrial transformation.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 Valuation: €0.0 | round | |
* | €60.0m | Grant | |
| Total Funding | 000k | ||
Hydnum Steel is pioneering the green and sustainable industrial revolution by being one of the first steel plants in Europe to operate entirely on non-fossil energy sources. The company focuses on producing high-quality steel while minimizing its carbon footprint, thereby addressing the significant environmental impact traditionally associated with the steel industry. By progressively replacing coal and natural gas with green hydrogen, Hydnum Steel aims to eliminate CO2 emissions, which account for 9% of global emissions from steel production. The business model revolves around manufacturing eco-friendly steel that is both competitive in quality and respectful of the planet. Hydnum Steel serves industries seeking sustainable materials, contributing to market autonomy and economic development. The project not only supports environmental goals but also creates jobs and fosters economic growth in its community. Keywords: green steel, non-fossil energy, carbon footprint, hydrogen, sustainable, digital industries, economic development, market autonomy, eco-friendly, community growth.