Decarbonization
Latest News
JFE Plans to Raise Capital for Decarbonization, Expansion Projects
05 September 2023 - Japan’s JFE Holdings is moving to raise approximately JPY200 billion (US$1.37 billion) for decarbonization projects and to expand electrical steel production, according to NikkeiAsia.
Report: U.K. Government Discussing Aid Package for Tata Steel
05 September 2023 - Tata Steel is in advanced talks with the U.K. government on an aid package that would provide the steelmaker with GBP500 million, reports Sky News.
Blastr Green Steel Makes Headway on Proposed Nordic DRI-EAF Facility
28 August 2023 - A European start-up steel producer hopes to name an engineering partner and equipment suppliers sometime in the next few months and is laying the procedural groundwork for its environmental impact assessment, the company reports.
BlueScope to Proceed With Australian BF Reline
22 August 2023 - Australia’s BlueScope Steel Ltd. will invest AU$1.15 billion to reline a blast furnace at its Port Kembla Steelworks, a move that it says will “secure our immediate future while enabling a transition to lower-emissions steelmaking as soon as it is commercially feasible.”
ANDRITZ Carbon Capture Plant Now in Operation at voestalpine
21 August 2023 - International technology group ANDRITZ announced its first carbon capture plant is in operation at voestalpine’s steel mill in Linz, Austria.
Australia Considers Implementing CBAM on Steel, Cement
16 August 2023 - The Australian government is weighing whether the country should take a cue from the European Union and impose carbon tariffs on steel and cement coming from countries with lower climate goals.
Jindal Steel and Power Partners With SeaVar on Carbon Capture Technology
09 August 2023 - Jindal Steel and Power is set to pilot the Southern California-based tech firm’s cost-effective, non-toxic carbon capture technology and prove its viability, Business Wire India reports.
SAIL, SMS group to Explore Decarbonization Solutions
09 August 2023 - India’s state-controlled steel producer Steel Authority of India Ltd. (SAIL) has signed an initial deal with Germany’s SMS group as a step toward reducing carbon emissions across its five integrated plants.
JSW Steel Establishes Electrical Steel JV
03 August 2023 - India’s JSW Steel and Japan’s JFE Steel are creating a 50-50 joint venture to produce cold-rolled grain-oriented electric steel, the companies said in a regulatory filing.
Global Steel Climate Council Puts Final Touches on Green Steel Standard
03 August 2023 - The Nucor Corp.-led Global Steel Climate Council has published the final version of its green steel standard.
New Agreement Advances SDI Decarbonization Plans
31 July 2023 - Steel Dynamics Inc. (SDI) will buy electricity from a Texas wind farm when it begins operating in 2024, the steelmaker has announced.
Germany Confirms Funding for thyssenkrupp Decarbonization Project
27 July 2023 - The German government has confirmed formal approval of nearly EUR2 billion in funding for thyssenkrupp Steel’s transformational decarbonization project, the company has said.
EU Greenlights ArcelorMittal, thyssenkrupp Decarbonization Funding
20 July 2023 - The European Commission has signed off on EUR2.85 billion in state aid that will go to decarbonization efforts at thyssenkrupp and ArcelorMittal.
ArcelorMittal Brings Low-CO2 Heavy Plate to Market
20 July 2023 - ArcelorMittal’s European division has begun producing low-CO2 heavy plates in weights of up to 18 metric tons, the company has announced.
H2-Based Ladle Pre-Heater Begins Operating
20 July 2023 - ArcelorMittal Sestao has put a hydrogen-fired ladle pre-heating station into service, reports the equipment supplier on the project.
H2 Green Steel Receives EU Financial Support
14 July 2023 - Steel startup H2 Green Steel will share in EUR1.2 billion in funding under a EU program meant to support the bloc’s clean energy transition.
ArcelorMittal Invests in Biocarbon Producer
14 July 2023 - ArcelorMittal is investing CA$6.6 million in biocarbon producer CHAR Technologies Ltd. and also will further explore the use of its product at the steelmaker’s Dofasco facility.
ArcelorMittal Signs Sustainability MoU With Automotive Supplier Snop
28 June 2023 - The steelmaker and the automotive supplier signed a memorandum of understanding (MoU) today to strengthen the companies’ cooperation on environmental sustainability.
Scania Moves to Decarbonize Supply Chain With Help From H2 Green Steel
27 June 2023 - Swedish truck maker Scania has signed on with H2 Green Steel for sustainably produced steel.
Vallourec, Evonik Sign MoU for CO2 Transport
27 June 2023 - Tubular solutions provider Vallourec and chemical firm Evonik Industries AG have inked a memorandum of understanding (MoU) to develop tubular transportation technologies for carbon capture, utilization and storage (CCUS).
