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What is net-zero steel, why do we need it and how do we achieve ...
Mon, 26 Sep 2022 00:00:00 GMT
Driving emissions out of the steel sector is key to broader decarbonization. It has the potential to provide early wins that can help keep warming to below 1.5C, with low costs to the industry as a whole and consumers. But achieving decarbonization of steel requires collaboration across the industry, throughout its value chain and with policymakers and investors. Net-zero steel will cost more than steel made with conventional processes, even in the medium term. Bridging this cost

HYBRIT starts pilot hydrogen cavern storage in Sweden
Fri, 23 Sep 2022 00:00:00 GMT
HYBRIT partners SSAB, LKAB and Vattenfall confirmed on Thursday the pilot green hydrogen storage facility to serve the fossil-free steel project is now fully operational, Kallanish reports. The 100-cubic-metre facility at Svartberget in Lule, Sweden, entered a commissioning phase in June. Upon successful completion of tests, it reached the maximum operating pressure of 250

MENA can lead the world in green steel production Report
Sat, 17 Sep 2022 00:00:00 GMT
The Middle East and North Africa (MENA) region is in a prime position to start producing carbon-neutral or green steel, a new report from the Institute for Energy Economics and Financial Analysis said. The MENA region can lead the world if it shifts promptly to renewables and applies green hydrogen in its steel sector, said author of the report Soroush Basirat. The steel sector in the region is dominated by Direct Reduced Iron-Electric Arc Furnace (DRI-EAF) technology, which releases lower

Sweden's H2 Green Steel secures Eur190 million funding for fossil-free ...
Wed, 31 Aug 2022 00:00:00 GMT
Swedens H2 Green Steel said Aug. 30 it has secured a total of Eur190 million ($191 million) in funding through its series B equity financing round, it said in a statement Aug. 29. H2 Green Steel is developing a green hydrogen powered steel plant in Boden, northern Sweden, which will have an initial production

Tata Steel threatens to shut UK operations
Tue, 26 Jul 2022 00:00:00 GMT
As part of its decarbonisation effort, Tata Steel would close its two blast furnaces at the Port Talbot plant, stop primary steelmaking and instead build two electric arc furnaces, people familiar with the details told FT. The Port Talbot plant has a capacity to produce 5 million tonnes of steel a

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