【Haichuan Hydrogen Energy】Hualing Steel’s hydrogen-based metallurgy is still in the stage of small-scale testing at present

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On April 11, Valin Steel released a record of its investor relations activities. On April 6, 2023, the company received inquiries from one institutional investor. When asked about its views on hydrogen metallurgy technology, Valin Steel stated that due to high costs and safety issues associated with the storage, transportation, and use of hydrogen, this technology is still in the stage of limited-scale testing. It is understood that companies such as ArcelorMittal and FMG are actively exploring the application of hydrogen metallurgy technologies. The company also attaches great importance to various carbon-reduction methods, including hydrogen metallurgy, as well as the use of new metallurgy technologies; it is working together with some upstream and downstream partners to explore the application of such new technologies, in an effort to contribute to reducing carbon emissions and achieving carbon neutrality.