Blastr Inkoo steel plant
From Global Energy Monitor
| This article is part of the Global Iron and Steel Tracker, a project of Global Energy Monitor. |
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Blastr Inkoo steel plant is a steel plant in Inkoo, Uusimaa, Finland that operates direct reduced iron (DRI) and electric arc furnace (EAF) technology.
Location
The map below shows the exact location of the plant in Inkoo, Uusimaa, Finland:
- Location: Kraftverksvägen 50, 10210 Inkoo, Uusimaa, Finland
- Coordinates (WGS 84): 60.0175, 23.9126 (exact)
Background
Blastr Green Steel was founded in 2021 to develop large-scale production of ultra-low-CO₂ steel. Blastr announced a Letter of Intent in January 2023 granting exclusive rights to utilize an industrial site in Inkoo for the planned steel plant and integrated hydrogen production facility. [1]
In July 2024, Blastr selected Primetals Technologies and Midrex Technologies as technology partners to supply core process equipment, including a hydrogen-based direct reduced iron (DRI) plant and electric arc furnace.[2]
Blastr completed a second strategic partner financing round in February 2025 to advance development of the integrated steel chain centered on the plant. [3]
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Low-emissions/green steelmaking
This steel plant is associated with a green steel project tracked in the Green Steel Tracker. Details about the project are included below.
Table 1: Green Steel Project Details
| Project 1 | Project 2 | |
|---|---|---|
| Project name | Blastr Green Steel Project Inkoo | Nippon Steel COURSE50 Kimitsu |
| Company | Blastr Green Steel | Nippon Steel Corporation |
| Company has climate goals? | No | Yes |
| Location | Inkoo, Finland | Kimitsu, Japan |
| Project website | Site | Not available |
| Project scale | Full scale | Demo |
| Project status | Announced | Announced |
| Year to be online | 2026 | – |
| Technology to be used | H-DRI | H2 injection to BF |
| Technology details | DRI+EAF, MIDREX H2 | Hydrogen injection |
| Iron production capacity (million tonnes per year) | Not stated | Not stated |
| Steel production capacity (million tonnes per year) | 2 | Not stated |
| CO2 capture (million tonnes CO2 per year) | Not applicable | Not stated |
| Hydrogen generation capacity (MW) | Not applicable | Not stated |
| Investment size (m USD) | 4271 | 1300 |
| Partners | Cargill Metals, Primetals Technologies, Lhoist, INTERFER Group, Tesi, Vanir Green Industries | – |
| Date of announcement | 1/3/2023 | 2/9/2023 |
Plant Details
Table 2: General Plant Details
| Announced date | Start date | Workforce size |
|---|---|---|
| 2022-10-16[4] | 2026[5] | 1200[6] |
Table 3: Ownership and Parent Company Information
| Parent company | Parent company PermID | Parent GEM entity ID | Owner | Owner company PermID | Owner GEM entity ID |
|---|---|---|---|---|---|
| Vanir Green Industries AS | 5083296265 | E100001016242 | Blastr Green Steel AS [100%][7] | 5082554864 | E100000131096 [100%] |
Table 4: Process and Products
| Steel product category | Steel products | Steel sector end users | Main production equipment |
|---|---|---|---|
| finished rolled[6] | cold rolled, hot rolled[6] | automotive, building and infrastructure, energy[5] | DRI; EAF |
Table 5: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)
| Capacity operating status1 | Electric arc furnace steelmaking capacity | Nominal crude steel capacity (total) |
|---|---|---|
| announced | 2500[8] | 2500[8] |
Table 6: Plant-level Crude Iron Production Capacities (thousand tonnes per annum)
| Capacity operating status1 | Sponge iron/DRI capacity | Nominal iron capacity (total) |
|---|---|---|
| announced | 2000[9] | 2000[9] |
Table 7: Upstream Products Production Capacities (thousand tonnes per annum)
| Sinter |
|---|
| NF |
Unit Details
Table 8: Direct Reduced Iron Furnace Details
| Unit name | Status | Announced date | Start date | Furnace manufacturer and model | Furnace type | Current capacity (ttpa) |
|---|---|---|---|---|---|---|
| unknown DRI (1) | announced[6] | 2022-10-16[4] | 2026[6] | Midrex; Primetals Midrex H2[4][4] | shaft furnace[4] | 2000[9] |
Table 9: Direct Reduced Iron Furnace Reductant Details
| Unit name | Current or initial reductant | Gas reductant | Current or initial hydrogen reductant color |
|---|---|---|---|
| unknown DRI (1) | gas[4] | hydrogen[4] | green[4] |
Table 10: Electric Arc Furnace Details
| Unit name | Status | Announced date | Start date | Furnace manufacturer and model | Current capacity (ttpa) |
|---|---|---|---|---|---|
| unknown EAF (1) | announced[6] | 2022-10-16[4] | 2026[4] | Primetals[10] | 2500[8] |
Table 11: Electric Arc Furnace Feedstock Details
| Unit name | Scrap-based | % scrap | % DRI |
|---|---|---|---|
| unknown EAF (1) | yes[11] | >0[11] | >0[11] |
Articles and Resources
Additional data
To access additional data, including an interactive map of steel plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.
References
- ↑ "Blastr - Green Steel". www.blastr.no. Retrieved 2026-01-13.
- ↑ "Blastr Green Steel chooses Primetals Technologies as its technological partner for the ultra-low CO2 emissions steel plant in Inkoo, Finland -MIDREX H2™ chosen for the direct reduction plant". www.blastr.no. Retrieved 2026-01-13.
- ↑ "Blastr Green steel secures partner finance round for Finnish low-carbon steel plant - EUROMETAL". eurometal.net. Retrieved 2026-01-13.
- ↑ 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 https://web.archive.org/web/20240123000356/https://www.blastr.no/Newsroom/Post/?permalink=blastr-green-steel-and-cargill-metals-sign-mou-for-supply-of-green-steel-and-to-advance-decarbonization-of-the-ferrous-supply-chain. Archived from the original on 2024-01-23.
{{cite web}}: Missing or empty|title=(help) - ↑ 5.0 5.1 (PDF) https://web.archive.org/web/20230125071307/https://www.blastr.no/resources/230103-Blastr-press-release-English-final.pdf. Archived from the original (PDF) on 2023-01-25.
{{cite web}}: Missing or empty|title=(help) - ↑ 6.0 6.1 6.2 6.3 6.4 6.5 https://web.archive.org/web/20230105123808/https://www.greencarcongress.com/2023/01/20230105-blastr.html. Archived from the original on 2023-01-05.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20240125063334/https://www.blastr.no/News/. Archived from the original on 2024-01-25.
{{cite web}}: Missing or empty|title=(help) - ↑ 8.0 8.1 8.2 https://web.archive.org/web/20230114035531/https://balkangreenenergynews.com/green-steel-plant-in-finland-set-to-start-production-in-2026/. Archived from the original on 2023-01-14.
{{cite web}}: Missing or empty|title=(help) - ↑ 9.0 9.1 9.2 (PDF) https://www.midrex.com/wp-content/uploads/Midrex-DFM-3rdQtr2024-2.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.recyclingtoday.com/news/blastr-green-steel-chooses-technological-partner-for-finland-plant/.
{{cite web}}: Missing or empty|title=(help) - ↑ 11.0 11.1 11.2 https://web.archive.org/web/20240123003136/https://www.blastr.no/What/. Archived from the original on 2024-01-23.
{{cite web}}: Missing or empty|title=(help)
