Steel News

Outokumpu to Consider Nuclear as a Way to Power Steelmaking

23 March 2023 - Outokumpu has signed a memorandum of understanding with Finnish energy producer Fortum to explore the use of nuclear power in its steel operations.

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.

U. S. Steel Opens Discussions on Potential Carbon Capture Project

02 March 2023 - United States Steel Corporation is considering a potential carbon capture project at its Gary, Ind., USA, facility, announcing Thursday that it has opened discussions with the developer of a carbon capture and reuse technology.

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.

South Korea Looks for Technological Solutions to Industrial Net Zero Strategy

28 February 2023 - South Korea will build a hydrogen-based direct reduction plant as part of a plan to achieve carbon neutrality in its industrial sector, reports commodities news and pricing service Argus.

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.

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.

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.

Report: Renewables Could Overtake Coal as World’s Largest Power Source by 2025

14 December 2022 - Russia’s invasion of Ukraine and the energy crisis it set in motion are greatly accelerating the growth of renewable energy capacity, so much so that renewables could surpass coal as largest global source of electricity by 2025, reports the International Energy Agency (IEA).

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.

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.

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.

Volvo’s First Electric and Fossil-Free Steel Trucks Now in Production

16 November 2022 - The first of Volvo’s heavy-duty electric trucks, some of which are being built with fossil-free steel, have rolled off the assembly line, the company reports.

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.