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Decarbonization

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Algoma Reports Progress on Meltshop Project 

20 February 2023 - Algoma Steel has reached a new milestone in construction of its electric arc furnace based meltshop, setting the first structural steel columns that will support the facility. 

Spain Grant to ArcelorMittal Decarbonization Project Cleared 

20 February 2023 - The European Commission has OK’d a EUR460 million grant Spain plans to give to ArcelorMittal’s Gijon facility in support of its decarbonization efforts. 

SSAB to Explore Sustainable Quicklime Use in Steel Production

16 February 2023 - SSAB, a Swedish technology company and a limestone producer will conduct preliminary research on incorporating sustainably produced quicklime into SSAB's steelmaking process.

Nucor Launches First Sustainable Steel Product for Offshore Wind Applications

19 January 2023 - Nucor Corp. is introducing an advanced, heavy-gauge steel plate designed specifically for offshore wind energy applications. 

EU Reaches Agreement on Carbon Border Adjustment Mechanism 

13 December 2022 - The European Union has reached a tentative agreement on a plan to tax imported goods whose manufacture produces high levels of carbon dioxide. 

ArcelorMittal Celebrates Start of Offgas Recycling Plant 

08 December 2022 - ArcelorMittal’s integrated mill in Ghent, Belgium, has inaugurated a EUR200 million system that captures offgases and converts them to ethanol. 

Cleveland-Cliffs Signs for 180 MW of Wind Power, Advances Carbon Capture Project

07 December 2022 - Cleveland-Cliffs Inc. will buy 180 megawatts of wind energy under a long-term agreement and is developing a large-scale carbon capture project, the company announced on Wednesday. 

POSCO Lays Green Bet on Australia  

05 December 2022 - South Korea’s largest steel producer plans to invest US$40 billion in hydrogen, direct reduced iron and green steel production in Australia over the next 15 years, reports commodities news and pricing service Argus. 

Saarstahl Prepares to Move Ahead on DRI, EAF Conversion

05 December 2022 - Saarstahl AG leaders are greenlighting a EUR3.5 billion plan to build two electric arc furnaces (EAFs) and a direct reduction plant at sites in Germany, the company has said. 

Omani Steelmaker Looks to Build Green Mill 

05 December 2022 - Oman’s Jindal Shadeed Group has announced plans to build a 5-million-ton green steel plant at the country’s Port of Duqm, reports the English-language Arab News newspaper. 

Gerdau Invests in Solar, Wind Energy Developer 

01 December 2022 - Gerdau is taking a stake in renewable energy producer Newave Energia as a way to support its decarbonization goals, according to a company announcement. 

Asian Conversion to Hydrogen DRI Still Decades Away, Says BHP Executive 

01 December 2022 - Wholesale replacement of Asia’s blast furnace fleet with hydrogen-fed direct reduction plants is likely decades away, a BHP executive told the South China Morning Post. 

Tata Steel Partners With SMS group, Primetals Technologies in Decarbonization Effort 

30 November 2022 - Tata Steel has signed separate memorandums of understanding with plant builders Primetals Technologies and SMS group as it looks to decarbonize its steelmaking operations. 

LIBERTY Steel Buys Asian EAF Mill, Plans to Relocate Equipment to Europe 

29 November 2022 - LIBERTY Steel Group is acquiring KG Steel’s Dongbu plant in South Korea and intends to move the equipment to Romania, the company has announced. 

Rio Tinto Steps Up Testing of New Low-Carbon Ironmaking Process

23 November 2022 - Iron ore miner Rio Tinto will build a large-scale pilot plant to further test its promising low-carbon ironmaking process, the company has announced. 

Salzgitter, Auto Parts Maker Team Up on Green Steel Processing, Recycling

22 November 2022 - Salzgitter Flachstahl has signed a memorandum of understanding with German automotive supplier Mubea, laying out a framework in which the two companies will collaborate on green steel processing and closed-loop steel recycling. 

Consortium Hopes to Energize American Solar Manufacturing

10 November 2022 - Pipe and tube maker Zekelman Industries has signed on to a manufacturing initiative that aims to establish the U.S. as a leader in solar power equipment. 

AISI Unveils Greenhouse Accounting Guidelines 

07 November 2022 - The American Iron and Steel Institute (AISI) has issued its recommended steel industry greenhouse gas (GHG) emissions calculation guidelines, an initiative meant to bring about consistent and comprehensive data on GHG emissions from steel production. 

ArcelorMittal Makes Multi-Million Move Into Nuclear Energy

03 November 2022 - ArcelorMittal is investing US$25 million in a company that is building a new type of nuclear of reactor in Wyoming, the company said Thursday.

ArcelorMittal to Trial Carbon Capture Tech in North America, Europe

27 October 2022 - ArcelorMittal will test out carbon capture technology at plants in Europe and North America under a newly signed agreement, the steelmaker said on Thursday. 

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