Fluor Corporation (NYSE: FLR) announced today that H2 Green Steel has selected Fluor to provide engineering, procurement and construction management services at the world's first renewable hydrogen-based integrated ‘green steel’ mill in Boden, Sweden.
Fluor’s scope includes a melt shop, casting, rolling and finishing facilities for the project’s steelmaking plant. The H2 Green Steel site will produce five million tonnes of steel annually by 2030, with up to 95% less CO2 emissions compared to steel produced using traditional blast furnace technology.
“The execution of the H2 Green Steel project will build on Fluor’s long-term presence in the steel industry, our expertise in novel, low-emissions steelmaking technologies and our strong presence in Europe,” said Harish Jammula, President of Fluor’s Mining & Metals business line. “We are excited to be part of this important project and to support H2 Green Steel on their journey to sustainable steelmaking.”
Construction of the mill has already begun.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 40,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $13.7 billion in 2022 and is ranked 303 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 110 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.