Hydrogen from electrolysis to run a smelting furnace seems absolutely bonkers...electric arc furnaces maybe less so. Of course floating red dirt (iron ore) from Australia to Sweden doesn't make much sense either.
A leading Swedish steelmaker will make the first fossil fuel-free steel plant powered by hydrogen. The company called SSAB confirmed earlier this week that plans are in place to overhaul the company's practices and technology. This new project called HYBRIT will use hydrogen produced with electricity from fossil-free Swedish resources. The resulting emissions are water. According to Reuters' reports, the company's global output reached upwards of 8.8 million tonnes last year. The SSAB said in a company statement that the new system could remove the greenhouse gases that made up 10 percent of Sweden's total carbon dioxide emissions and 7 percent of Finland's emissions, according to SSAB spokeswoman Viktoria Karsberg. “After building the pilot plant we will run tests between 2020 and 2024 and then we can scale up to a demonstration plant. By 2035 we should have a ready solution for all production,” she told Reuters.