Green Steel
Latest News
Hydnum Steel, Knauf Interfer Collaboration Aims to Boost European Green Steel Supply
02 October 2024 - European steel processor and distributor Knauf Interfer has signed a memorandum of understanding with Spanish green steel startup Hydnum Steel to buy EUR80 million worth of product annually.
In a First, Big River Earns Right to Market ResponsibleSteel Certified Steel
24 September 2024 - United States Steel Corporation’s Big River facility has qualified to sell steel under the ResponsibleSteel Certified Steel banner, the first in the world to do so, the company has announced.
SSAB Teams Up With Office Furniture Maker
24 September 2024 - Framery, a manufacturer of soundproof office pods, has struck up a strategic collaboration with SSAB to integrate fossil-free steel into its production.
Salzgitter Trading Division Now Offers Product CO2 Declarations
28 August 2024 - Salzgitter Mannesmann Handel GmbH has developed a tool to calculate the carbon dioxide equivalent footprint of its products along the entire value chain and will issue product carbon footprint declarations.
SSAB Completes Pilot Phase of HYBRIT Initiative
27 August 2024 - SSAB and partners are moving their HYBRIT fossil-fuel-free iron and steel initiative to the next stage of development, wrapping up an initial six-year effort that successfully demonstrated the feasibility of their process.
U.S. DRI Projects Receive Federal Support
25 March 2024 - Cleveland-Cliffs Inc., SSAB and Vale will share up to US$1.4 billion in federal funding supporting several proposed decarbonization projects.
H2 Green Steel Reaches New Funding Milestone
22 January 2024 - H2 Green Steel has signed definitive debt financing agreements amounting to EUR4.2 billion and has raised an additional EUR300 million in equity, the startup producer said Monday.
Automotive Supplier Partners with H2 Green Steel
17 January 2024 - Global automotive supplier KIRCHHOFF Automotive has signed a seven-year, EUR130 million supply agreement with H2 Green Steel, the steelmaking startup has announced.
Erdemir Announces US$3.2B Decarbonization Investment
11 January 2024 - Turkish steelmaker Erdemir said it will invest US$3.2 billion to reduce its emissions by 25% over the next seven years.
Four Countries Heighten Commitments to Green Steel Procurement for Public Projects
07 December 2023 - Canada, Germany, the United Kingdom and the United States have offered greater pledges to boost demand for low-CO2 steels and other CO2 intensive materials by leveraging their purchasing power to create new demand for the products.
Danieli, Tenova Announce Order for Omanese DRI Plant
05 December 2023 - The Jindal Steel Group’s newly established Vulcan Green Steel has ordered a hydrogen-ready Energiron direct reduction plant from Tenova and Danieli.
Alfa Laval Partners With Outokumpu on Green Stainless Steel Solution
05 December 2023 - Heat transfer specialist Alfa Laval will begin buying low-CO2 stainless steel from Outokumpu under a new supply contract, the companies report.
What’s the Measure of Green Steel? The WTO Is Proposing One Way to Look at It.
04 December 2023 - The World Trade Organization has put on the table a set of principles meant to standardize how greenhouse gas emissions are measured in the global steel industry.
Government Affairs Executive to Lead Global Steel Climate Council
04 December 2023 - The Global Steel Climate Council has hired an executive director to advance the goals of the organization, naming Adina Renee Adler to the post.
Volvo to Use SSAB Recycled, Near-Net-Zero Primary Steels
04 December 2023 - Volvo will use near-zero emission primary and recycled sheet steel from SSAB in a car program, beginning in 2026.
POSCO Plans to Go All in on H2 Ironmaking
27 November 2023 - South Korean steel giant POSCO plans to shift entirely to hydrogen-reduced iron production by 2050, reports BusinessKorea.
Schneider Electric Opts for ArcelorMittal’s Renewably Produced XCarb Steel
20 November 2023 - French multinational Schneider Electric will buy ArcelorMittal’s XCarb recycled and renewably produced steel for its electrical cabinets and enclosures, the company has announced.
SSAB, Scania Sign LOI on Low-CO2 Steel
14 November 2023 - SSAB has signed letter of intent with a major customer to decarbonize steel deliveries in 2030, the company has announced.
Essar Group Laying Plans for US$4 Billion Mill in Saudi Arabia
30 October 2023 - India’s Essar Group plans to invest US$4 billion in a low-CO2 steel plant in Saudi Arabia, reports the Bloomberg news service.
With Support From the EU, Italian Engineering Firm to Build Pilot Hydrogen Steel Plant
26 October 2023 - The European Commission and the Italian Ministry of Enterprises are throwing support behind a research project that aims to establish a fully hydrogen-fueled steelmaking plant.
