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Green Steel

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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.”

Meranti Taps Danieli for Green Steel Plant in Thailand

15 August 2023 - Singapore’s Meranti Green Steel has contracted Danieli for a direct reduced iron (DRI)-based green steel plant in Thailand, Danieli announced yesterday.

H2 Green Steel Shores Up Supply of DR Pellets

10 August 2023 - In two separate deals, Sweden’s H2 Green Steel is securing its supply of direct reduction iron ore pellets from Rio Tinto’s Iron Ore Company of Canada and Vale.

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.

SSAB Strengthens Partnership With Automotive Components Maker

14 July 2023 - Automotive structural components maker KIRCHHOFF Automotive is elevating its relationship with SSAB with respect to reducing carbon dioxide emissions in its supply chain. 

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. 

U. S. Steel Offers Environmental Declarations for BRS Customers

13 July 2023 - United States Steel Corporation has begun issuing environmental product declarations on flat-rolled products originating in Big River Steel Works furnaces, the company said Thursday. 

H2 Green Steel Secures EUR1.5 Billion Supply Agreement 

06 July 2023 - European steel startup H2 Green Steel has signed a binding, seven-year agreement with automotive components and systems maker ZF. 

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.

U.S. Energy Department Asks Arizona University to Lead Energy Manufacturing Innovation Institute

08 June 2023 - The U.S. Department of Energy has chosen an Arizona State University (ASU) to lead an institute focused on greenhouse gas emissions arising from industrial process heating.

H2 Green Steel Considers North American Steel Production Plant

08 June 2023 - Nordic startup H2 Green Steel has signed a supply agreement with Mercedes-Benz for 50,000 metric tons annually of green steel as they assess the potential to produce steel in North America.  

SSAB to Proceed With EAF Installation

02 June 2023 - SSAB’s board of directors has greenlighted construction of an electric arc furnace at its Oxelösund mill, a SEK6.2 billion (US$575.6 million) investment that is projected to reduced Sweden’s national CO2 output by 3%. 

B&W, Newpoint Gas to Jointly Market CO2 Capture Tech for Steel Industry

02 June 2023 - Babcock & Wilcox (B&W) will work with natural gas processing and treating specialist Newpoint Gas on solvent-based CO2 capture solutions for the steel industry and others, the companies have announced. 

Meranti Plans Green Steel Project for Thailand

18 May 2023 - Singapore’s Meranti Steel is planning to develop a 2-million-ton-capacity flat products mill in Thailand that will supply green hot-rolled coil to domestic and international manufacturers, the South East Asia Iron and Steel Institute reports.

Biden Administration Focused on Negotiating CO2-Based Steel Import Restriction

16 May 2023 - The Biden Administration is continuing to work toward an arrangement with the European Union that would penalize imports of CO2-intensive steel, U.S. Commerce Secretary Gina Raimondo told steel industry players on Tuesday, according to the Reuters news service. 

ArcelorMittal North America Evaluating HBI Plant Expansion

09 May 2023 - ArcelorMittal is considering adding on to its recently acquired hot briquetted iron (HBI) plant near Corpus Christi, Texas, the company’s North American chief executive said on Tuesday.

H2 Green Steel, Marcegaglia Ink EUR1.79 Billion Green Steel Deal

08 May 2023 - The seven-year, EUR1.79 billion agreement will cover the delivery of green steel from H2 Green Steel's plant in Sweden to Marcegaglia's operations in Southern Europe, the U.K. and Poland.

Baosteel, Saudi Arabia Announce Joint Venture Plate Mill 

02 May 2023 - China’s Baoshan Iron & Steel Co. Ltd. and Saudi Aramco have agreed to establish a 1.5 million-metric ton plate mill in Saudi Arabia, the companies have announced.

Investment Firm Eyes Green Steel, Low-CO2 Tech Investments

02 May 2023 - Private equity firm Brookfield Asset Management Ltd. is looking to invest in green steelmaking and intends to raise US$15 billion to invest in low-carbon technologies, reports Bloomberg. 

Coalition Releases Green Steel Standard

26 April 2023 - The Nucor Corp.-led initiative that is proposing a global standard for CO2 emissions has published the standard and is seeking industry input. 

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