Tag: Salzgitter AG

The Salzgitter Group works closely together with its customers and partners in order to achieve the company’s climate targets, as also evidenced by the cooperation with Friesen Elektra PV I Sande GmbH & Co. KG.

Salzgitter AG has ordered a 100 MW green hydrogen plant for low-CO2 steel production from ANDRITZ GROUP. This contract completes the orders for all plants and systems for the first stage of Salzgitter’s SALCOS® program.

Salzgitter Klöckner-Werke GmbH, a wholly owned subsidiary of Salzgitter AG, has entered into a revamped € 1.03 billion syndicated loan agreement. The company’s existing € 560 million credit line was raised to € 680 million, with a new € 350 million guarantee facility baked into the contract as well.

RENK Group is supplying three high-speed special gear units for compressors for the production of so-called green steel to Siemens Energy Compressors GmbH as part of the “SALCOS” project of the Salzgitter AG steel group.

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Starting in 2025, the Salzgitter Group will begin incrementally switching its steel production to hydrogen-based processes under its SALCOS® - Salzgitter Low CO2 Steelmaking transformation program.

BSH has already been sourcing initial quantities of green steel from Salzgitter Flachstahl GmbH since 2021 with a reduction in the carbon footprint of more than 66 per cent.

Mubea is pursuing very ambitious sustainability goals and has committed to reducing its own emissions by at least 25 % through to 2025.

Miele and Salzgitter Flachstahl GmbH have signed a declaration of intent to secure a defined quantity of ‘green steel’ to be delivered commencing from the end of 2025.

SALCOS® is aimed at converting steel production at Salzgitter into low carbon crude steel production in three stages over the period up until 2033.