About
Founded in 2021, Blastr Green Steel is a private headquartered in Oslo, Norway specializing in Hydrogen.
Blastr Green Steel, established in 2021, is developing a vertically integrated value chain for ultra-low CO2 steel production. The company plans to produce 2.5 million tonnes of premium flat steel annually at its Inkoo, Finland facility, achieving 90% lower Scope 1-3 emissions compared to conventional production. The integrated value chain includes a captive direct reduction pellet plant (planned for the UK with 6 million tonnes annual capacity) and a hydrogen DRI/EAF steel complex in Finland. The company targets the automotive and construction sectors, with projected CO2 avoidance of nearly 6 million tonnes annually. Strategic partnerships include Fortum, Primetals Technologies, MIDREX, Lhoist, Aurora Infrastructure, and Cargill. The facility is expected to create 1,200 direct jobs and 2,000-3,000 indirect jobs.
Headquarters
Oslo, Norway
Founded
2021
Company Type
Private
Business Models
Value Chain
Service Regions
Europe
Products
Ultra-Low CO2 Flat Steel
Direct Reduction Pellets
Projects
Inkoo Steel Plant
Direct Reduction Pellet Plant
Gildeskål Expansion
Sustainability
6M
Tonnes CO₂/yr avoided
Partnerships
Vanir Green Industries, Fortum, Primetals Technologies, MIDREX, Lhoist, Aurora Infrastructure, Cargill, Ecolab, Interfer, Vogten Staal, Knauf Interfer, Inkoo Shipping