Revolutionising Steel. Cutting CO₂
Blastr Green Steel is building a fully integrated, hydrogen-powered steel ecosystem. From our DR pellet plant to the ultra-low CO₂ steel plant, we secure high-quality feedstock and produce premium steel with a fraction of the emissions, shaping a sustainable future for Europe’s steel industry.
We will utilize the latest technologies and processes to ensure that the steel and pellet plants will be both energy-efficient and environmentally friendly.
The steel plant will produce high-grade ultra-low CO₂ steel products for segments like the automotive and construction industries.
Blastr’s integrated steel value chain will help our customers significantly reduce their carbon footprint and meet their CO₂ reduction targets.
Business area
Pellet plant
Blastr Green Steel plans to invest in an iron ore pellet plant to produce high-quality direct reduction (DR) pellets, supplying its steel plant in Inkoo, Finland, as well as the growing global market for DR pellets.
The company is currently exploring alternative locations for the pellet plant in the United Kingdom to optimise logistics and market access.
The planned facility will convert iron ore feed into premium DR pellets, a critical raw material for low-CO₂ steel production. A portion of the production will also be sold on the international DR pellet market, tapping into rising demand.
The plant is expected to produce 6 million tonnes of DR pellets annually and create approximately 120 direct jobs, along with significant indirect employment and economic benefits for the surrounding municipality and region.
Business area
Steel plant
Blastr Green Steel is planning a state-of-the-art low-CO₂ steel plant in Inkoo, Finland. The plant will feature an integrated hydrogen production facility, using fossil-free energy to supply hydrogen for the steelmaking process. When operating at full capacity, the plant will produce 2.5 million tonnes of high-quality flat steel annually, with ~90% lower Scope 1–3 CO₂ emissions compared to conventional steel production.
Blastr has entered an exclusive partnership with Nordic energy company Fortum to utilize an existing industrial site in Joddböle, Inkoo, providing an ideal foundation for this ambitious project.
Why Inkoo?
The Inkoo site offers several strategic advantages:
- Energy and logistics: Strong grid connection to meet Blastr’s energy needs, a deep, ice-free harbor for low-carbon transport of direct reduction pellets, scrap, and other raw materials year-round.
- Market access: Proximity to the growing European market for ultra-low CO₂ steel products.
- Talent and infrastructure: Close to Helsinki, with strong transport links and a history of industrial activity, making it ideal for attracting skilled employees.
Once operational, the steel plant and integrated hydrogen facility are expected to create ~1,200 direct jobs and 2,000–3,000 indirect jobs, along with opportunities for local business development.
Blastr Green Steel AS
Adress: Parkkvartalet - Parkveien 53B, 0256, NO
Email: post@blastr.no
Sales Requests: sales@blastr.no
FIN Press Contact: media@blastr.no
UK Press Contact: Sarah.auerbach@blastr.no
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