A single, large DRI unit of two million metric tons would consume roughly one-fifth of the NG currently used across Germany’s entire iron and steel industry (approximately 20 PJ) and increase industrial NG demand in Germany by around 2 percent.Ī buildup of direct-reduced-iron plants using H 2 or a resurrection of carbon capture usage and storage seem to be the most viable options for flat-steel players to safeguard their decarbonization efforts. Please email us at: Germany as an example, the announced DRI plants would almost double demand for NG currently used in the iron and steel industry to around 175 petajoules (PJ), from around 120 PJ (approximate demand in Germany, 2020), assuming that announced DRI plants in Germany run on 100 percent NG when they start production in around 2026. If you would like information about this content we will be happy to work with you. We strive to provide individuals with disabilities equal access to our website. Together with CO 2 prices rising to above €100 per metric ton of CO 2, decreased free CO 2 allowances, and historical NG prices of some €7 per gigajoule (GJ) (average in Germany, 2019–21), this alternative production route would become cash cost competitive with the BF–BOF route within the next three to five years. This NG-based DRI production route, used in combination with an EAF or submerged arc furnace using renewable electricity, would enable steel players to cut their Scope 1 and 2 CO 2 footprints in half, on average-from around two metric tons of CO 2 per metric ton of flat steel to approximately one metric ton of CO 2 per metric ton of flat steel. The iron would then be used in a basic oxygen furnace (BOF) to produce flat steel. Visit for more information.This article is a collaborative effort by Frank Bekaert, Marc-Daniel Halbgewachs, Christian Hoffmann, Bruno van Albada, and Marlene Weimer, representing views from McKinsey’s Basic Materials Practice.įor many of the newly built DRI plants, the initial intention was to use natural gas (NG) as the feedstock or reducing agent to process ore into pig iron in an electric arc furnace (EAF) or submerged arc furnace. ![]() The company is privately held and headquartered in Lisle, IL. Visit for more information.įootprint Retail Services provides merchandising, installation, remodel, logistics and related marketing services on behalf of major retailers and brand marketers in North America. Natural Insight is privately held and headquartered in Sterling, VA with offices in Toronto and Birmingham, England. Supporting 65,000 skilled retail professionals in more than 110,000 locations globally, Natural Insight is a leading provider of cloud-based workforce management software for merchandisers, product companies, event marketers and retailers. ![]() “We’re honored to be selected as their technology partner and we look forward to supporting them as they continue to grow.” “Footprint Retail Services is a long time leader in the retail merchandising and field marketing industry and we share their commitment to perfect in-store execution,” said, Stefan Midford, President and CEO of Natural Insight. ![]() “Natural Insight has a deep understanding of our industry and we selected their technology platform because it provides us with a uniquely integrated workforce management system that helps us deliver on behalf of our clients.” “We’ve been leaders in the retail services business for many years and our sole mission is to deliver perfect in-store execution on behalf of our brands and retail customers.” said Bill McKenna, Chairman of Footprint Retail Services. Natural Insight, a leader in enterprise cloud applications for retail merchandising and field marketing announced today that Footprint Retail Services, America’s premier provider of retail merchandising, installation and remodel services, has selected Natural Insight for end-to-end labor management.įounded in 1990, Footprint Retail Services performs best-in-class sales, merchandising, installation, logistics and remodel services in retail stores across the United States.
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