Blastr plans to produce 2.5mn t/yr of hot- and cold-rolled green steel at its plant
Blastr plans €4bn Finnish green steel plant
Norwegian startup aims to begin production by 2026
Norwegian startup Blastr has announced plans to build a €4bn ($4.24bn) green steel and integrated hydrogen production facility in Finland. Blastr plans to replace coke and coal with hydrogen in the chemical reduction phase, in addition to reducing emissions throughout the value chain, with a target of 95pc lower CO₂ emissions compared with conventional steel manufacturing. The firm plans to produce 2.5mn t/yr of hot- and cold-rolled green steel at the plant, with first production in 2026. The firm has signed a letter of intent with energy company Fortum providing exclusive rights to utilise an existing industrial site near the port of Inkoo. “Inkoo was selected as our location due to its hig
Also in this section
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
1 December 2025
Project at Emden in northwest Germany due online in 2027, but wider ramp-up of clean hydrogen sector in Germany will require overhaul of government policy, company warns
25 November 2025
The northwest African country’s vision of integrating green power, molecules and steel is alive and kicking, and serves as a reminder of hydrogen’s transformative potential
19 November 2025
The creation of ‘lead markets’ to generate hydrogen demand in the EU has potential, but implementation would pose complex challenges for producers and industrial offtakers
