The transformation of the steel industry is a complex and multi-dimensional undertaking. Steel products are produced via a variety of process routes and with diverse energy inputs, so selecting a forward-looking strategy is a major challenge for every producer. Decisions must balance capital expenditure, operating cost, feedstock availability, emissions targets and market requirements - all while managing technical risk and long-term competitiveness. To help steelmakers navigate these complexities, SMS offers the SMS Plant Assessment Tool, which quantifies effective costs across process routes and energy scenarios, enabling data-driven strategy development. In addition, following the acquisition of the former Metso Outotec assets, SMS is now positioned to provide expanded industrial applications and integrated solutions that support lower-cost inputs and more flexible production options. This presentation aims to show exemplary ways to decarbonize while maintaining full control over competitiveness.
SMS group
Dr. Tim Ochel is an accomplished industrial engineer specializing in process technology. He holds a Ph.D. in Production Systems and Strategy and brings extensive experience as a consultant to engineering firms. In his previous role as Global Head of Green Steel at SMS group, he advanced sustainable steel production and led the industry’s green transformation. As General Manager of Fluidized Bed Technologies today, he leads the development of technologies that enable SMS’s customers to reduce global greenhouse gas emissions while maintaining their competitiveness.
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