Steel News

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.

Tenova Collaborates With Snam on Decarbonization

17 January 2022 - Tenova announced it has entered into an agreement to collaborate with Europe’s largest energy infrastructure operator in strategic studies and market analysis to introduce green hydrogen into metals production processes.

POSCO, Adani Group Sign US$5 Billion MoU for Eco-Friendly Integrated Mill

14 January 2022 - This week South Korean steelmaker POSCO and Indian infrastructure and energy conglomerate Adani Group signed a memorandum of understanding (MoU) that includes plans for a “green, environment-friendly” integrated steel mill to be built in Gujarat, India.

Metinvest Announces Multi-Billion-Dollar Commitment to Decarbonization

14 January 2022 - Ukrainian steelmaker Metinvest will spend US$20–30 million in the coming years to replace its aging blast furnaces with electric arc furnace (EAF) technology, reports the Reuters news service.

thyssenkrupp Signs Supply Contract for Electrolysis Plant

12 January 2022 - thyssenkrupp Uhde Chlorine Engineers has signed a supply contract with Shell for a project called Hydrogen Holland I.