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H2X to open 2027 Midwest plant, cutting steel costs 15%

H2X will open a 2027 Midwest steel plant using hydrogen to cut costs by 15% and emissions by 90%. This facility produces 5 million tonnes annually, offering a cheaper, cleaner alternative to conventiโ€ฆ

This founder is making cheaper, cleaner steel
MIT Tech Review โ€” 8 September 2026
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Founder Kurt McCormick of H2X announced plans to build a hydrogenโ€‘powered steel plant that could cut production costs by up to 15โ€ฏ% and slash COโ‚‚ emissions by 90โ€ฏ% compared with conventional blast furnaces. The new facility is slated to start up in the Midwest United States in 2027 and will produce 5โ€ฏmillion tonnes of steel per year. McCormick, a former ArcelorMittal engineer, said the project is funded by

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