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Decarbonization
Latest News
POSCO to Build a Digital Twin to Test Hydrogen Technologies
02 March 2022 - The South Korean steelmaker is planning to build a virtual steel mill in which it can test hydrogen reduction steelmaking technology, according to BusinessKorea.
SDI, Rio Tinto, Nippon Steel Trading Back Renewable Biocarbon Producer
02 March 2022 - Aymium announced yesterday that it has secured Series B funding to support capacity expansion and increased deployment of its environmental technologies, with Steel Dynamics Inc., Rio Tinto and Nippon Steel Trading on board.
SSAB Teams With Polestar to Develop 100% Climate-Neutral Car
23 February 2022 - SSAB will join forces with Swedish electric vehicle manufacturer Polestar to help create the world’s first truly climate-neutral car, the company announced today.
Tenaris to Invest in Wind Farm, Reduce Carbon Footprint
21 February 2022 - Tenaris is investing US$190 million for a wind farm located in Adolfo Gonzales Chave, in Buenos Aires, Argentina, as part of its plans to reduce CO2 emissions by 30% by 2030.
Bill Gates-Backed Startup Aims to Power Heavy Industry With Renewable Thermal Batteries
18 February 2022 - Antora Energy, an energy startup committed to decarbonizing industries like steel through thermal battery technology, has received the financial backing of Bill Gates’ Breakthrough Energy Ventures, CNBC reports.
Metinvest to Spend US$1.2 Billion in Modernizations
17 February 2022 - The company announced yesterday it will continue to invest in environmental modernizations at its facilities in Ukraine, in excess of US$1.2 billion.
ArcelorMittal Dofasco Decarbonization Project Gets Additional Government Investment
16 February 2022 - The Government of Ontario is investing CA$500 million in the decarbonization project at ArcelorMittal Dofasco, the company announced yesterday.
Biden Administration Unveils Plans to Accelerate Clean Hydrogen Production
16 February 2022 - The White House yesterday announced the Biden administration is undertaking new actions to support American leadership on clean manufacturing, which will include ramping up the production of clean hydrogen.
H2Stahl Project to Begin at thyssenkrupp Steel
16 February 2022 - The H2Stahl project, funded by Germany’s Federal Ministry for Economic Affairs and Climate Action, is to start at thyssenkrupp Steel’s Duisburg site, the steelmaker has announced.
Nippon Steel to Explore Emissions Reduction Through Liquefied CO2 Capture and Storage
16 February 2022 - The Japanese steelmaker will investigate the potential use of liquefied carbon dioxide capture and transport technology to eliminate up to 5 million metric tons of its emissions per year.
U. S. Steel Joins Effort to Develop Low-Carbon Industrial Hub in Northern Appalachia
07 February 2022 - United States Steel Corporation has teamed up with six major industrial players in an effort to establish a new hub for decarbonization technology in Ohio, Pennsylvania and West Virginia.
ArcelorMittal to Transform French Operations With €1.7 Billion Investment
07 February 2022 - In an official ceremony last week, ArcelorMittal revealed that it has won the backing of the French government for a €1.7 billion plan to decarbonize its Fos-sur-Mer and Dunkirk operations.
Salzgitter Unveils “Salzgitter AG 2030” Strategy
02 February 2022 - The German steel producer today presented its strategy to establish itself as a leader for circular economy solutions through closed-loop value flows and supply chains.
Severstal Invests in New Low-Carbon Hydrogen Technology
02 February 2022 - Severstal has announced that it has invested in Ekona Power Inc., a developer of low-carbon hydrogen production technology.
Gerdau To Cut 10% of Its Carbon Emissions by 2031, Go Carbon Neutral in 2050
02 February 2022 - Gerdau plans to reduce its Scope 1 and 2 emissions rate to less than 50% of the global industry average by 2031 and reach carbon neutrality by 2050, according to an official press release.
Tenaris, Saipem and SIAD Sign MoU for CO2 Capture Project
01 February 2022 - A Memorandum of Understanding (MoU) has been signed by Tenaris, Saipem and SIAD to start the design process of a carbon dioxide capture and utilization (CCU) plant.
SSAB Plans SEK 45 Billion Investment to Accelerate Green Transformation
31 January 2022 - Last week SSAB laid out an aggressive new decarbonization strategy that, if implemented, would allow the steelmaker to eliminate most of its carbon emissions by 2030.
Tata Steel to Demo New Blast Furnace Decarbonization Technology at Jamshedpur Works
25 January 2022 - Trials are underway for a first-of-its kind technology for blast furnace emissions reduction at Tata Steel’s steel mill in Jamshedpur, India, the company announced last week.
Spanish Steelmakers Join €3.23 Billion Hydrogen Consortium
24 January 2022 - Spanish steel companies CELSA Group, Sidenor, AMES Group and Tubacex have signed on to the country’s largest-ever multi-sector investment project devoted to renewable hydrogen technology.
New Paul Wurth Decarbonization Technology to Reduce Emissions at Russian Blast Furnace
20 January 2022 - A new blast furnace project at Russia’s Magnitogorsk Iron & Steel Works (MMK) will feature innovative decarbonization technology designed by SMS subsidiary Paul Wurth.
