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Blastr Green Steel Secures Funding for Ultra-Low CO2 Steel Plant in Finland
Blastr Green Steel (Blastr) announced closing of its second strategic partner financing round, securing critical funding to advance its European integrated ultra-low CO2 steel value chain. The investment will support the development of its flagship steel plant in Inkoo, Finland, a key milestone in B
EIB Announces €100 Million Financing for Marcegaglia’s Sustainability and Innovative Initiatives
The European Investment Bank has approved a €100 million financing deal to support Marcegaglia. the steel group based in Mantua, as part of its €170 million investment plant. Antonio and Emma Marcegaglia, together with EIB Vice-President Gelsomina Vigliotti, finalized the deal at Marcegaglia’s headq
India's Push for More Coal-Based Steelmaking Could Hinder Net-Zero Emissions Goal
India's plan to ramp up coal-powered steelmaking may pose challenges to its goal of achieving net-zero carbon emissions by 2070, according to a new report by Global Energy Monitor (GEM).The country's Prime Minister, Narendra Modi, has set 2070 as the target for net-zero emissions, two decades later than the timeline...
Outokumpu Invests EUR 40 Million in Biocarbon Plant to Boost Sustainable Steel Production
Outokumpu, the global leader in sustainable stainless steel production, has announced a significant investment of EUR 40 million in a new biocarbon production plant in Sassnitz, Germany. This investment supports Outokumpu's climate goals, transitioning to sustainable materials and advancing emissions reduction and green energy initiatives.Suzlon Group Secures 400MW Wind Power...
