Blastr Inkoo steel plant

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Blastr Inkoo steel plant is a steel plant in Inkoo, Uusimaa, Finland that operates electric arc furnace (EAF) and direct reduced iron (DRI) technology.

Location

The map below shows the exact location of the plant in Inkoo, Uusimaa, Finland:

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  • 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

All references for the above data are available in the Green Steel Tracker.
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)

1Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
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)

1Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
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 Hydrogen reductant status
unknown DRI (1) gas[4] hydrogen[4] green[4] capable

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

  1. ↑ "Blastr - Green Steel". www.blastr.no. Retrieved 2026-01-13.
  2. ↑ "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.
  3. ↑ "Blastr Green steel secures partner finance round for Finnish low-carbon steel plant - EUROMETAL". eurometal.net. Retrieved 2026-01-13.
  4. ↑ 4.00 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 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. ↑ 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. ↑ 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)
  7. ↑ 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. ↑ 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. ↑ 9.0 9.1 9.2 (PDF) https://web.archive.org/web/20250417170527/https://www.midrex.com/wp-content/uploads/Midrex-DFM-3rdQtr2024-2.pdf. Archived from the original (PDF) on 2025-04-17. {{cite web}}: Missing or empty |title= (help)
  10. ↑ www.recyclingtoday.com https://web.archive.org/web/20250417165822/https://www.recyclingtoday.com/news/blastr-green-steel-chooses-technological-partner-for-finland-plant/. Archived from the original on 2025-04-17. Retrieved 2025-01-06. {{cite web}}: Missing or empty |title= (help)
  11. ↑ 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)

Resources

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