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Green Steel
Latest News
H2 Green Steel Begins Its Other Green Effort: Fundraising
25 April 2023 - Steelmaking startup H2 Green Steel has begun seeking EUR1.5 billion in equity funding for its planned facility in Boden, reports the Financial Times.
Salzgitter Secures Government Support for Low-CO2 Process Conversion
18 April 2023 - Salzgitter AG will receive EUR1 billion in federal and state support for its low-CO2 project, the German company said on Tuesday.
LIBERTY Steel Announces Plans for Australian EAF, DRI Plant
04 April 2023 - LIBERTY Steel will replace the coke ovens and blast furnace at its Whyalla steel works in Australia with a direct reduction plant and electric arc furnace (EAF), the steelmaker announced on Tuesday.
ArcelorMittal to Partner With Bamesa on Low-Carbon Projects
30 March 2023 - ArcelorMittal Europe – Flat Products and international service center firm Bamesa signed a memorandum of understanding (MoU) yesterday to explore the reduction of scope 3 emissions and increase testing of the usage of recycled steel in low-carbon-emissions products.
voestalpine Board OKs EUR1.5 Billion EAF Installation
22 March 2023 - voestalpine will proceed with a EUR1.5 billion investment in two electric arc furnaces (EAFs), with construction expected to start next year, the steelmaker said on Wednesday.
JSW Steel USA to Digitally Publish Carbon Emissions Data on Products
09 March 2023 - JSW Steel USA will begin publishing environmental production declarations (EPDs) through a digital platform, the company has announced.
SSAB Finds Another Taker for Fossil-Fuel-Free Steel
06 March 2023 - Automotive brake components maker Meneta Group has committed to buying fossil-fuel-free steels from SSAB, the companies have announced.
thyssenkrupp Selects SMS group for EUR1.8 Billion Plant Project
01 March 2023 - thyssenkrupp has placed an EUR1.8 billion order with SMS group for a hydrogen-based direct reduction plant, two melting units and ancillary equipment.
GM Signs for U. S. Steel’s Sustainable Steel
16 February 2023 - United States Steel Corporation has signed an agreement to supply General Motors with verdeX, its branded line of sustainable steel, U. S. Steel announced Wednesday.
ArcelorMittal Invests in Green Steel Tech Startup
27 January 2023 - Ironmaking startup Boston Metal has raised US$120 million in Series C funding, with ArcelorMittal taking the lead in the third wave of investment.
Nippon Steel Explores Carbon Capture Project
25 January 2023 - Nippon Steel Corp. and two other companies will explore the potential for carbon capture and storage project, according the Reuters news service.
JSW Steel Signs On to Green Steel Certification Effort
23 January 2023 - JSW Steel has joined the global ResponsibleSteel initiative, an effort to introduce a worldwide certification for responsibly sourced and produced steel.
ArcelorMittal Europe, Distributor Partner on CO2 Reduction Effort
12 January 2023 - ArcelorMittal Europe’s flat products group and a major customer have agreed to work more closely on reducing carbon dioxide emissions and enhancing their sustainability efforts within the automotive market.
SSAB Partners With Service Center on Green Steel Distribution
11 January 2023 - Swedish service center operator Stena Stål has signed a letter of intent with SSAB to distribute the steelmaker’s fossil-fuel-free steel, becoming the first external supplier of the product.
Proposed Finnish Steel Mill Finds a Home
03 January 2023 - Norwegian steel startup Blastr Green Steel has signed a letter of intent with Finnish state-owned energy company Fortum oyj for an industrial site in the western part of the country.
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.
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.
