GravitHy

Steel is a strategic material in the transition to a low-carbon economy. However, the coal used for its production is responsible for over 7% of global CO2 emissions. Decarbonising the steel value chain is essential to achieving a C-neutral society. It can only be done by rethinking iron production.

GravitHy plans to build and operate its first low-CO2 iron plant in Fos-sur-Mer (France) and then build further plants in other locations. Using hydrogen to react with iron ore avoids the CO2 emissions of traditional methods. The product is DRI/HBI, which can be used as feedstock for low-CO2 steel production. By decarbonising steel production, GravitHy supports the EU’s pledge of carbon neutrality and responds to a growing demand for low-CO2 steel products.

• Brings together the commitment and competencies of best-in-class, purpose-led stakeholders to redefine the way iron and steel are produced and sold worldwide.
• Unites experienced professionals while attracting and forging young talents.
• Plants designed with best available technologies.
• Profitable business model based on cost competitiveness.
• Excellence in a superior product line.
• Works in close collaboration with players representing the entire value chain.