Alleima and Danieli to Revolutionize DRI Production with Electric Heating Technology

Alleima AB ( (SE:ALLEI) ) has issued an announcement.

Alleima’s Kanthal division, in collaboration with Danieli, is set to supply the first electric process gas heater for commercial use in Direct Reduced Iron (DRI) production at Emsteel’s plant in Abu Dhabi. This pilot project, based on Prothal® DH technology, aims to enhance energy efficiency and significantly reduce CO2 emissions, marking a crucial step towards emission-free ironmaking. The strategic partnership between Kanthal and Danieli, established in 2024, focuses on developing electric heating solutions for DRI plants, potentially transforming the industry by enabling retrofitting of existing plants and achieving substantial emission reductions.

More about Alleima AB

Alleima is a global manufacturer specializing in high value-added products in advanced stainless steels and special alloys, as well as industrial heating solutions. The company develops products for demanding applications across various industries, including energy, chemical, and aerospace, with offerings such as seamless steel tubes, precision strip steel, and ultra-fine wires. Alleima is headquartered in Sandviken, Sweden, employs around 6,500 people, and reported revenues of approximately 20 billion SEK in 2024.

Average Trading Volume: 414,195

Current Market Cap: SEK19.35B

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