Steel production accounts for 7–9% of global CO2 emissions. Existing zero-emission steelmaking technologies rely on high-grade iron ore, which is scarce and expensive. This limits global scale-up and makes many low-carbon pathways cost-prohibitive.
TECHNOLOGY SOLUTION
Ferrum is commercializing a melter technology that can be added to existing low-emission steel plants. The melter enables the use of abundant low-grade iron ore and upcycles waste streams into valuable by-products, significantly improving both cost-competitiveness and scalability of zero-emission steelmaking.
