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Hydrogen below $3/kg needed for breakeven green steel in Europe
Fri, 13 May 2022 00:00:00 GMT
Delivered hydrogen prices of below Eur3/kg ($3.10/kg) would be needed for breakeven green steel production in Europe in the current high energy price environment, industry group Hydrogen Europe said in a new report. The cost of producing renewable hydrogen via alkaline electrolysis in Europe was assessed at Eur10.70/kg ($11.18/kg) May 11 (Netherlands, including capex),
https://eurometal.net/hydrogen-below-3-kg-needed-for-breakeven-green-steel-in-europe/


Mining equipment maker secures SSAB fossil-free steel supply
Tue, 12 Apr 2022 00:00:00 GMT
Swedish mining equipment maker Epiroc has signed a deal to procure fossil-free steelfrom SSAB. The Swedish steelmaker plans to begin commercial fossil-free steel production by 2026, in conjunction with its Hybrit green direct reduced iron-making joint venture with LKAB and Vattenfall. Epiroc will initially use fossil-free steel for material for a prototype underground machine
https://eurometal.net/mining-equipment-maker-secures-ssab-fossil-free-steel-supply/


Iron Ore May See Structural Shift On Lack Of New Supply, Decarbonisation
Thu, 31 Mar 2022 00:00:00 GMT
Much of the iron ore debate focuses on the outlook for demand in China but bubbling in the background are two factors likely to cause a structural shift in the market for the steel raw material the lack of new supply and decarbonisation. What happens in China is the main driver of short- and medium-term iron ore prices, which isn't surprising given that it buys almost two-thirds of all sea-borne volumes and produces about half of the worlds steel. What receives less attention is the state
https://www.hellenicshippingnews.com/iron-ore-may-see-structural-shift-on-lack-of-new-supply-decarbonisation/


Fortescue Williams (WAE) settlement powers development of world's ...
Tue, 01 Mar 2022 00:00:00 GMT
Marking its transition to a global green renewables and resources company, Fortescue has today completed the acquisition of UK-based Williams Advanced Engineering (WAE), in a move that is expected to create up to one thousand new jobs and generate huge investment in decarbonisation initiatives in the years
https://www.fmgl.com.au/in-the-news/media-releases/2022/03/01/fortescue-williams-(wae)-settlement-powers-development-of-world-first-infinity-train


Chinas key steel hub policy set to lead to long-term decline ...
Mon, 28 Feb 2022 00:00:00 GMT
Chinas Tangshan city will no longer directly play a role in limiting steel output, but instead take a three-prong approach to keep the steel industry close on the decarbonization path, a development that is expected to widen across the country and will lead to reduced crude steel production in the long run, industry sources told S&P Global Platts. Tangshan is Chinas biggest steelmaking hub located in the Hebei province. Tangshan recently released a guideline draft for the development
https://www.hellenicshippingnews.com/chinas-key-steel-hub-policy-set-to-lead-to-long-term-decline-in-steel-output/



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