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Green Steel initiative encourages partners' decarbonisation: ...
Fri, 27 Jan 2023 00:00:00 GMT
Swiss Steel Group (SSG) has come up with a white paper for its Green Steel initiative for ecologically produced low-emission steel. Green Steel is thus not only a tool that helps reduce emissions, it is also intended to help customers and partners and encourage them to do more to mitigate climate change, the group

ArcelorMittal Spain's hybrid EAF project awaits EC approval
Tue, 24 Jan 2023 00:00:00 GMT
ArcelorMittal confirms its significan't investment in Spain has entered its last pre-execution phase. The approval of financial support for the decarbonisation of the companys steelmaking sites in Asturias and Sestao, in the Basque Country, must now be evaluated by the European Commission after receiving a green light from its competition regulator. There is no

Nippon Steel to invest in reduced iron projects needed for green ...
Fri, 23 Dec 2022 00:00:00 GMT
Japans top steelmaker Nippon Steel Corp 5401.T aims to join new raw material development projects to make reduced iron, using hydrogen, to meet the growing demand for green steel, its president said on Thursday. But the company will keep investing in coking coal mines to secure a key steel-making raw material as new development projects for the coal have been shrinking due to concerns over climate change, Nippon Steel President Eiji Hashimoto told a news conference. Reduced iron is produced

RUSAL approves climate goals for 2032 and 2050
Tue, 20 Dec 2022 00:00:00 GMT
The Board of RUSAL, a leading global aluminium producer, approved the updated Climate Strategy until 2032 with a perspective up to 2050. The updated Climate Strategy was adopted at the RUSAL Board of Directors meeting held in Krasnoyarsk. The Strategy comprises two scenarios - basic and intensive, defining a strict framework for achieving the Companys decarbonization goals. Under the most conservative baseline scenario, RUSAL intends to reduce greenhouse gas emissions intensity per ton of

Tata Steel gets its first client for 'green' metal
Fri, 28 Oct 2022 00:00:00 GMT
The agreement makes Ford the first customer committed to offtake the green steel that Tata Steel plans to produce via the hydrogen route, which is more sustainable and cleaner than the current steel-making

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