Metal Supply made an interview with FerroSilva, that now is published. In the article, FerroSilva’s is described as a challenger to hydrogen steel, produced by electrolysis of water, because our process is more energy efficient. Our manufacturing process requires less than 10% of the electricity that the hydrogen-based manufacturing processes need. This means that we will have lower production costs, both in comparison with traditional production and new processes based on hydrogen.
Read the full article (in Swedish) in Metal Supply.
Dagens Industri published an article where they highlight that Swedich steel companies plan to feed their new electric arc furnaces with scrap and that the competitors in Europe, have similar plans. Therefore, the industry may face a scrap shortage. “The risk is that prices will rise, especially for new scrap,” says Sven Bäckström, who buys steel scrap for Swedish steel mills.
The risk of scrap shortage is something that FerroSilva saw early and describes at https://ferrosilva.com/what-we-do . It is one of the factors that give us good conditions to be successful.
Dagens Industri highlights FerroSilva in an article where they write about a steel industry that is changing on several fronts. Dagens Industri comments that many are pinning their hopes on electricity-intensive hydrogen, while Ferrosilva will use residual products from the forest to create not only fossil-free sponge iron, but also a carbon sink that produces negative emissions.
Read the full article at Dagens Industri .
An article in Forbes describes a situation today, where we are facing a perfect storm with a global energy crisis layered on top of a climate emergency. The good news is it could accelerate the decarbonization of one of the world’s most carbon-intensive industries steelmaking, responsible for about 7-9% of global CO₂ emissions. Forbes highlights that FerroSilva's innovation stands out, giving the possibility to create negative carbon dioxide emission besides increasing resilience, as an enabler of the transformation of the steel industry.
We are proud to be selected as one of the top 25 outstanding companies from across the Nordics, that are tackling some of the most important sustainability challenges of our time, in Nordic Cleantech Open. It’s another recognition of FerroSilvas strong business concept and thanks to the nomination we get access to valuable support in our funding process.
In mid-December, the European Commission presented its actions for a clean and competitive automotive sector. FerroSilva welcomes the new action plan since it also adds pressure much more explicitly on green materials, and especially green steel.
At the end of November, the European Commission presented a strategic framework for a competitive and sustainable bioeconomy. FerroSilva welcomes the new strategy and looks forward to seeing how it will develop and influence the EU's future competitiveness and growth.
We’re attending Sweden Sustaintech Venture Day (SSVD). Join us and connect with our partner and management team member Mats Bayard.
IVA's 100 list 2024 highlights a variety of research projects from Swedish universities, on the theme Technology in the service of humanity - innovation through interdisciplinary studies.
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