Steel

               
Nippon Steel’s US Steel acquisition raises decarbonization cost…
Nippon Steel could risk increasing its decarbonization costs by acquiring US Steel. An activist shareholder group has urged the company to consider the takeover’s impact…
               
ThyssenKrupp Steel to present green steel plant proposals…
ThyssenKrupp Steel Europe plans to propose a green steel plant at Duisburg. The company aims to switch to direct reduction steelmaking to gradually replace the…
               
Kobe Steel announces the possibility of building new…
Kobe Steel, the Japanese steelmaking company, said it will consider building a new large electric arc furnace to reduce carbon dioxide emissions. The new furnace would…
               
Carbon capture faces doubts in steel industry’s green…
A recent report from the Institute for Energy Economics and Financial Analysis (IEEFA) has cast doubt on the potential of carbon capture, utilisation, and storage…
               
Swedish steelmaker to invest $4.8 bln mln in…
Sweden’s SSAB announced on Tuesday that it plans to invest 4.5 billion euros ($4.83 billion) in constructing a fossil-free mini-mill in Lulea. 
               
Top rival miners team up for ‘green steel’…
The world's leading mining companies, BHP Group Ltd. and Rio Tinto Group, along with Australia's BlueScope Steel Ltd., are coming together to develop Australia's first…
               
Max Planck Institute develops method to make green…
Researchers at the Max Planck Institute for Iron Research have developed a method to make green steel out of waste produced during aluminum manufacturing. The…
               
Australian collaboration aims to drive green steel and…
Australia's national science agency, CSIRO, and Swinburne University of Technology have joined forces to spearhead research and development in green steel and mineral processing, contributing…
               
Tata Steel unveils transformation plan towards green steel…
Tata Steel has revealed its plan to transition from traditional blast furnaces to environmentally friendly steel production methods. Tata Steel aims to reverse over a…
               
H2 Green Steel secures €4.2 billion in project…
H2 Green Steel announced that it has secured €4.2 billion in project financing, adding to the previously announced €300 million in equity. 
               
Europe to get greener steel turbines to cut…
The world’s largest turbine maker, Vestas Wind Systems A/S, is partnering with ArcelorMittal to use recycled or old steel to make turbine blades with the…
               
ArcelorMittal, France to invest €1.8 billion to cut…
The steel giant, ArcelorMittal SA and France are planning to invest €1.8 billion to cut carbon emissions produced by their steel plants in Dunkirk. This…
               
Turkish steelmaker to invest $3.2 billion in green…
Turkish steel producer Erdemir intends to invest a combined $3.2 billion in its green transition by 2030, aiming for a 25% reduction in emissions by…
Renewables soar as global electricity demand climbs, says IEA 

According to a new IEA report, global electricity demand has grown at its fastest pace in years, fueled by strong economic growth, intense heat waves, […]

Masdar secures $1 billion in second green bond issuance for renewable energy expansion

Masdar announced that it has secured $1 billion through its second green bond issuance under the company’s Green Finance Framework.   The announcement comes a year […]

EU commits €7 billion for sustainable, safe and smart transport infrastructure 

The European Commission announced that it has selected 134 transport projects to invest over €7 billion in EU grants from the Connecting Europe Facility (CEF), […]

Iberdrola’s subsidiary and Carbon2Nature partner to enhance carbon capture projects in Brazil

Iberdrola announced that its subsidiary, Neoenergia, is partnering with Carbon2Nature to develop projects that capture carbon using nature-based solutions to reduce the global footprint. In […]

New report highlights significant progress in corporate sustainability 

More than three-quarters of executives have seen significant or moderate progress towards their sustainability goals in the past year, according to Deloitte’s 2024 “Sustainability Action […]

Climate crisis prediction from America’s biggest oil refiner in 1977 article, surfaces online 

Nearly 50 years ago, Marathon Petroleum‘s corporate predecessor warned in its company magazine, Marathon World, that global temperature rise is linked to “industrial expansion” and […]