H2 Green Steel was launched in 2021 in Boden, northern Sweden, is designed to produce 2.1 million tonnes per year of hot direct reduced iron (HDRI) and hot briquetted iron (HBI) using fossil-free hydrogen-based direct reduction technology. The project aims to decarbonize steel production by replacing fossil fuels with renewable hydrogen during the iron reduction process. Integrated with an electric arc furnace (EAF), the plant is expected to reduce CO₂ emissions from ironmaking by up to 95% compared with conventional blast furnace technology, supporting the production of near-zero-emission steel. The start of production is planned in 2026.