Our strategy

Our strategy

Our steel production will be made climate-neutral by 2050.

We have a clear goal, and we know how to achieve it. Our steel production is set to be climate-neutral by 2050. With our key technology of electric steel making and optimised processes, this is realistically feasible. It is not without reason that we have been one of the pioneers in the decarbonisation of the steel industry for over 25 years. As early as 1994, we at Georgsmarienhütte opted for steel production in an electric arc furnace – and thus for the steel of the future. Our pioneering electric steelmaking process produces five times less CO2 than the steel produced by traditional integrated steelworks with coke and blast furnaces. Electric steel accounts for 30% of production in Germany, but only 3% of steel industry emissions. On this basis, our steel production will be climate-neutral by 2050, and we will make a significant contribution to achieving the Paris Agreement climate protection goals of 2015.

Electric steelmaking: Cutting edge in decarbonisation

By switching to electric steelmaking, we drastically reduced CO2 emissions from our steel production as early as 1994. At 0.4 kg per 1 kg of steel, the CO2 emissions (Scope 1+2) from our crude steel are already well below the industry average of 1.4 kg. Even now, this offers clear advantages for our customers: The lower the CO2 emissions of the primary product steel, the more climate-friendly all subsequent products are in the entire value chain. With electric steelmaking, we are further developing the optimal, sustainable technology for the steel industry within GMH Gruppe.

Example: Mobility of the future

A forged wheel for high-speed trains - with a unit weight of around 1.1 t (approx. 1.2 t crude steel input) - made in steel produced in the electric arc furnace even today saves 1.58 t of CO2 emissions, compared with steel from the blast furnace/converter route. With our strategy, we will be able to manufacture products in a completely climate-neutral way by 2050.

0.49 t CO2/wheel*

CO2 footprint today 
(blast furnace/BOF: 2.07 t CO2/wheel*)
 

0.12 t CO2/wheel*

CO2 footprint with green energy 

0.00 t CO2/wheel*

CO2 footprint in 2050 through additional use of hydrogen and biogenic substitutes

*CO2 emissions per tonne of crude steel: EAF route (0.4 t)/BF-BOF route (1.7 t), European average values/processes: Crude steel production incl. continuous casting.

GREEN STEEL

Our GREEN STEEL logo combines all the measures that make products more sustainable for our customers.

Tangible sustainability: Our products

Learn more about our sustainability strategy – get in touch with us.

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Contact

Julian Kröger

Director Strategy and Communication

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