Synopsis: Metinvest CEO Yuriy Ryzhenkov predicts increasing global supply of direct reduced iron, hot briquetted iron, and pig iron. He discussed green steel production trends at the Siderweb 2024 forum in Vicenza, Italy.

Synopsis: The US Department of Energy launches a pilot project to measure greenhouse gas intensity of industrial products. This initiative, part of the Biden-Harris Administration's climate goals, involves collaboration with Congress, stakeholders, and trade partners to develop accurate measurement tools for industrial emissions.

Synopsis: BHP, Rio Tinto, BlueScope, and Hatch are collaborating on the Electric Smelting Furnace (ESF) Initiative in Australia, aiming to revolutionize steel production with reduced environmental impact. The project, announced in July 2023, is progressing towards a pilot plant targeted for commissioning in 2027.

Synopsis: Binding Solutions, a UK-based company, has developed Cold Agglomerated Pellet Technology, a groundbreaking iron ore processing method. Supported by Audley Capital, Innovate UK, and Cotec Holdings Corp, the technology promises significant reductions in energy use and emissions. A pilot plant in Middlesborough, UK, is set to be fully operational by early 2024.

Synopsis: Boston Metal, a US-based company, has developed Molten Oxide Electrolysis Technology for steel production. With backing from ArcelorMittal, Microsoft, BHP Ventures, and others, totaling $282 million in funding, the company aims to revolutionize steel manufacturing. A demonstration facility is planned for 2024-2025, with commercial plants targeted for 2025-2030.

Synopsis: Argonne National Laboratory's Center for Steel Electrification by Electrosynthesis, C-STEEL, is researching an innovative electrochemical process for steel production. This technology aims to reduce greenhouse gas emissions by 85% by 2035, utilizing advanced computational methods and AI-driven modeling to revolutionize steel manufacturing.

Synopsis: Boulder-based startup Electra has developed a revolutionary low-temperature process for iron and steel production. Using electrochemical and hydrometallurgical methods, Electra's technology operates at just 60°C, dramatically reducing energy consumption and carbon emissions. The company has secured $85 million in funding and partnered with steel giant Nucor.

Synopsis: Australian startup Element Zero has developed a groundbreaking non-aqueous electrochemical process for metal production. This technology, applicable to various metals including iron, nickel, and titanium, operates at low temperatures and promises significant energy savings and zero carbon emissions. The company has secured $10 million in seed funding and plans a large-scale pilot facility in Port Hedland, Australia.

Synopsis: Swedish startup FerroSilva has developed a revolutionary biomass gasification process for fossil-free iron production. The technology, set to be piloted at Ovako's Hofors plant in 2026, promises negative carbon emissions in steel production. With $3.25 million support from the Swedish Energy Agency and partnerships with firms like Sandvik Materials Technology and Sveaskog, FerroSilva aims to transform the steel industry.

Synopsis: Australian innovation Carbelec™, developed by the University of Melbourne and Hancock Prospecting, uses low-temperature electrolysis to convert CO₂ into reusable carbon and oxygen. This technology, announced in December 2021, aims to revolutionize steel production and other carbon-intensive industries by creating emission-neutral processes powered by renewable energy.

Synopsis: Israeli innovation Helios Molten Regolith Reactor, backed by the Israeli Energy Ministry and Israel Space Agency, converts lunar regolith into oxygen and metals. Announced in 2020, this technology aims to revolutionize space exploration and green steel production on Earth through a zero-emission, energy-efficient process.

Synopsis: American startup Molten, founded by Kevin Bush and Caleb Boyd, employs high-temperature methane pyrolysis to produce hydrogen and solid carbon with zero emissions. This innovative technology aims to revolutionize steel manufacturing and other industries by offering a sustainable alternative to traditional hydrogen production methods.

Synopsis: HyIron, a collaborative venture in Namibia and Germany, introduces a green hydrogen-based iron production technology. Announced in 2023, the project involves RWE and Benteler for pilot testing in Germany, with plans for industrial-scale implementation in Namibia.

Synopsis: INNOVO Profitable Net Zero, a US-based company, announced on February 29, 2024, an innovative bio-refinery concept to convert industrial emissions into valuable commodities. The firm aims to partner with heavy industries like cement, steel, plastics, and aluminum manufacturers.

Synopsis: HIsmelt, a revolutionary iron smelting technology, was initially developed by Rio Tinto in Australia and is now operated by Shandong Molong Petroleum Machinery Limited in China. The process, commercialized in 2016, offers efficient and environmentally friendly iron production.

Synopsis: Volteron™, developed by ArcelorMittal and John Cockerill as part of the ΣIDERWIN Project in the European Union, is an innovative electrochemical process for steel production. This technology promises significant reductions in CO₂ emissions and energy use, with a pilot plant operational near Metz, France, and plans for industrial-scale production by 2027.

Synopsis: Stegra, Port of Narvik, and Kaunis Iron signed a cooperation agreement to explore building a pelletizing plant in Narvik, Norway, aiming to supply direct reduction pellets for green steel production.

Synopsis: The iron and steel industry is a significant source of global CO₂ emissions, responsible for about 7% of the total. This article explores current high-emission steelmaking technologies and presents emerging low- and zero-carbon alternatives that promise substantial emission reductions.

Synopsis: Tata Steel plans to install an electric arc furnace at its Port Talbot plant by 2028. This £1.25 billion project aims to reduce carbon emissions and modernize steel production in the UK.

Synopsis: Vale partners with Green Energy Park to develop green hydrogen production for low-carbon steelmaking in Brazil, aiming to create a Mega Hub for sustainable steel products.

Synopsis: Tees Valley mayor Ben Houchen warns British Steel could close within weeks, potentially ending UK steelmaking. British Steel and Tata Steel face job losses as they transition to greener electric arc furnaces.

Synopsis: The closure of the last blast furnace at Tata Steel's Port Talbot plant in Wales marks the end of traditional steelmaking there, with thousands of jobs at risk. Labour and the UK government face criticism over their handling of the situation.

Synopsis: Australia's Pilbara region has potential for green steel production using wind and solar energy. However, the predominance of hematite ore poses challenges. Companies like Vale, Rio Tinto, and Fortescue are developing solutions for direct reduction processes.

Synopsis: The global steel industry, responsible for approximately 7% of CO₂ emissions, faces mounting pressure to transition to low-emission production methods. DNV's report, "Shaping the Future of Sustainable Steel: Lessons from Europe's Steel Industry," highlights the urgent need for this shift. Key players, including DNV, advocate for technological advancements and regulatory clarity to meet the growing demand for sustainable steel. Digital transformation and innovative processes are essential strategies for reducing emissions and gaining a competitive edge. Early adopters of low-emission technologies will secure strategic advantages in the evolving market landscape.

Synopsis: Vale opens Coastal Park in Vitória, Brazil, featuring environmental education facilities and restored native vegetation, as part of an Environmental Commitment Term with local authorities.

Synopsis: The European Commission is studying the potential extension of the Carbon Border Adjustment Mechanism to downstream products.

Synopsis: Tata Steel is shutting down its last blast furnace at Port Talbot, Wales, as part of a £1.25 billion transition to low-carbon steel production. The move will result in job losses but aims to secure 5,000 jobs long-term across Britain.

Synopsis: SSAB, a Swedish steel company, and Smith Stål, a Norwegian steel distributor, have signed a letter of intent for future deliveries of fossil-free steel. This partnership aims to build a strong value chain for Norwegian customers.

Synopsis: Hydnum Steel and Knauf Interfer have partnered to expand green steel distribution across Europe. The collaboration involves an €80 million annual steel purchase agreement and plans for circular economy initiatives.

Synopsis: ArcelorMittal Fos-sur-Mer, a French steel plant, launches a new ladle furnace to reduce CO₂ emissions by 10% by 2025. The €76 million project, supported by the French government, aims to increase scrap usage and decrease blast furnace production.

Synopsis: Italian steel association Federacciai warns of worsening scrap shortages in Europe due to rising EAF production and export restrictions. The group also highlights high electricity costs for Italian steelmakers compared to other EU countries.

Synopsis: Brazilian steel producer Gerdau and Newave Capital's joint venture, Newave Energy, to build solar power plant in Barro Alto, Goiás. Project estimated at $240 million with 452-megawatt capacity.

Synopsis:ECV International is organizing the 3rd China Green Steel Summit in Shanghai on November 21-22, 2024. The event aims to promote low-carbon transformation in China's steel industry.

Synopsis: Tata Steel is closing its last remaining blast furnace at Port Talbot steelworks in Wales, marking the end of traditional steelmaking in the region and impacting around 3,000 jobs. The closure is part of Tata's restructuring plan to transition to greener electric arc furnace technology.

Synopsis: Neath Port Talbot Council is grappling with a looming crisis as Tata Steel plans significant job cuts, leading to a projected budget shortfall of £23 million for 2025/26. The council is under pressure to find solutions while managing increased demand for social services amidst rising living costs.

Synopsis: Lincoln Minerals proposes 1.1 billion metric ton magnetite project in South Australia as part of government's Green Iron and Steel Strategy. Project aims to produce up to 6 million metric tons of concentrate annually.

Synopsis: Mycron Steel Bhd and Japan's JFE Steel Corporation signed a memorandum of understanding to promote green steel solutions in Malaysia. Mycron's CEO calls for public-private partnerships in Budget 2025 to help achieve carbon neutrality by 2050.

Synopsis: Amid the 2024 election chaos, the proposed sale of US Steel to Nippon Steel has sparked significant concern over environmental impacts in western Pennsylvania. Residents near US Steel's aging facilities fear for their health due to ongoing pollution. While some see the sale as a chance for reform, political drama overshadows crucial discussions about public health and community engagement. As the fate of the Mon Valley hangs in the balance, the implications extend far beyond local concerns, raising vital questions about the future of steelmaking and environmental justice.

Synopsis: The Global Steel Climate Council has released a new label design for certified Science-Based Emissions Targets in the steel industry. This label will certify steel producers' commitment to reducing emissions and reaching Net Zero by 2050.

Synopsis: Federacciai President Antonio Gozzi highlights Italy's potential to lead in green steel production, but warns of high energy costs. Companies like Edison-Edf and Ansaldo Nucleare are involved in potential solutions.

Synopsis: The global steel industry is undergoing a significant transformation to reduce its carbon footprint, driven by the need to decarbonize while maintaining its crucial role in infrastructure and technology. Traditional steel production methods are highly polluting, but innovative approaches using hydrogen and electric arc furnaces offer promising alternatives.

Synopsis: CIMC Enric and Angang Steel's joint venture, Angang CIMC, launches innovative coke oven gas to hydrogen and LNG co-production project in Liaoning, China, advancing clean energy goals

Synopsis: EU steel safeguard measures and Carbon Border Adjustment Mechanism impact industry. Marcegaglia, Espada, and others navigate challenges. Concerns over trade restrictions and environmental regulations arise.

Synopsis: Energiekontor AG and Salzgitter Flachstahl GmbH have signed long-term power purchase agreements for two solar park projects in Mecklenburg-Vorpommern, Germany, to support green steel production.

Synopsis: Rutgers' Center for Advanced Infrastructure and Transportation received a $5 million grant from the US Department of Transportation to research using steel slag as a cement alternative in concrete. The project involves partners like Oregon State University, Nucor, and Holcim.

Synopsis: Fortescue has unveiled a comprehensive climate transition plan to eliminate fossil fuel use in its Australian iron ore operations by 2030, without relying on carbon offsets or carbon capture and storage.

Synopsis: IEEFA in a latest opinion piece says that Middle East and North Africa region poised to become global leader in green steel production by leveraging existing direct reduced iron facilities, abundant renewable energy resources, and new hybrid hydrogen technologies. Companies like SABIC, Emirates Steel, and Midrex involved in developing low-emissions iron and steel projects across the region.

Synopsis: Mauritania aims to capture 1.5% of the global green steel market and 1% of the green hydrogen market by 2050. President Mohamed Ould Cheikh El Ghazouani announced these goals at the UN General Assembly, highlighting the country's potential in renewable energy and iron ore resources.

Synopsis: The Board of Investments and International Finance Corporation hosted a forum on decarbonizing the Philippine steel sector. Key participants included Trade Undersecretary Ceferino Rodolfo and IFC Country Manager Jean-Marc Arbogast.

Synopsis: Neath Port Talbot Council is confronting a significant economic challenge due to Tata Steel's green transition, which will result in thousands of job losses in Port Talbot and its supply chain. As the council tackles a forecasted £23 million budget deficit for 2025/26, it faces increased demand for social services and rising costs.

Synopsis: ArcelorMittal invests $5 million in Utility Global through its XCarb® Innovation Fund to advance novel gas processing technology for steelmaking decarbonization.

Synopsis: SSAB and Alstom have partnered to supply fossil-free steel for Alstom's new Traxx Shunter locomotives, with the first SSAB Zero steel delivery scheduled for this year.

Synopsis: Platts, part of S&P Global Commodity Insights, launches daily carbon-accounted iron ore price assessments to enhance transparency in steelmaking decarbonization efforts.

Synopsis: Algoma Steel is on track with its Electric Arc Furnace project, set to commence commissioning by year-end. This initiative positions Algoma as a leader in environmentally sustainable steel production in North America.

Synopsis: European Union increases direct reduction iron imports by 4.8% to 1.69 million metric tons in January-July 2024, with Italy, Germany, Belgium, and the Netherlands as main importers. Russia remains the largest supplier despite a decrease in shipments.

Synopsis: SSAB has opened a new main laboratory and office building at its Raahe mill in Finland, preparing for fossil-free steel production. The facility is one of the largest laboratories in the Nordic countries.

Synopsis: Indonesian officials claim Western countries are campaigning against their nickel industry. EU criticizes Indonesian nickel and stainless steel production while increasing imports. European mills lobby for CBAM exemptions on raw materials.

Synopsis: Russian steelmaker Severstal has begun construction of a pellet production complex at its Cherepovets site. The RUB 97 billion project aims to produce high-quality steel with a reduced carbon footprint.

Synopsis: Fortescue and Liebherr have announced a $2.8 billion partnership to develop and deploy zero-emission mining equipment, including 475 machines featuring battery-electric technology developed by Fortescue Zero.

Synopsis: Fortescue and MacLean have partnered to develop battery-electric graders for surface mining, aiming to deliver 30 GR8 EV graders to Fortescue's Western Australia operations by 2029.

Synopsis: Hyundai Motor and Kia partner with Hyundai Steel and EcoPro BM to develop advanced lithium iron phosphate battery cathode material manufacturing technology in Korea.

Synopsis: Fortescue Zero and Downer have announced a collaboration to design and develop the world's most energy-efficient Battery Electric Locomotive. This partnership aims to create zero-emissions solutions for heavy haul rail, potentially helping Fortescue achieve its 2030 decarbonization goals.

Synopsis: Scientists from James Cook University in Australia have developed a groundbreaking method to convert harmful microplastics into graphene, a material stronger than steel. Professor Mohan Jacob and Dr. Adeel Zafar led the research team in this innovative process, potentially revolutionizing both waste management and materials science.

Synopsis: Swedish researchers propose comprehensive policy measures to accelerate fossil-free steel production. IVL Swedish Environmental Research Institute, Luleå University of Technology, and Chalmers University of Technology collaborate on the groundbreaking study.

Synopsis: Outokumpu CFO Marc-Simon Schaar reveals European customers are paying premium for low-emissions stainless steel. Firms like Fiskars Group, BMW, and Mercedes-Benz show interest in Circle Green® products.

Synopsis: Austrian steel giant voestalpine AG has successfully issued its first green corporate bond worth €500 million. The bond, with a 5-year term and 3.75% coupon, attracted high investor interest. Proceeds will fund sustainable projects, including the company's greentec steel initiative.

Synopsis: Tosyalı Algérie, a subsidiary of Turkish conglomerate Tosyalı, commissions its second DRI plant, built by Midrex and Paul Wurth, marking a significant step towards sustainable steel production in Algeria.

Synopsis: Italy's Minister Adolfo Urso announces 15 potential investors for struggling steelmaker Acciaierie d'Italia, formerly Ilva.

Synopsis: Tenaris invests $520,000 in an electric induction coil at TuboCaribe mill in Cartagena, Colombia, replacing a natural gas furnace to reduce carbon emissions.

Synopsis: Rock in Rio and The Town festivals, with Vale as main sponsor, are organizing "Amazônia para Sempre," a unique event in Pará, Brazil to raise awareness about Amazon preservation ahead of COP30 in 2025.

Synopsis: A new report by Climate Group and Ramboll reveals that nearly 50% of global companies are willing to pay more for lower emission steel and concrete. The study, involving over 250 companies from 42 countries, shows growing demand for sustainable materials in construction and manufacturing, signaling a significant shift in industry practices.

Synopsis: The Carbon Border Adjustment Mechanism is seen as a step forward by European steel industry participants, including firms like Redshaw Advisors, but concerns remain about its effectiveness in rebalancing global markets.

Synopsis: United States Steel Corporation has become the first steel company globally to achieve ResponsibleSteel Certified Steel status at its Big River Steel facility in Osceola, Arkansas. This certification, granted by ResponsibleSteel, the industry's leading global multi-stakeholder standards body, demonstrates U.S. Steel's commitment to sustainable steel production and responsible sourcing practices.

Synopsis: Dematic's manufacturing facility in Belrose, New South Wales, has been awarded the Steel Sustainability Australia Certification by the Australian Steel Institute. This recognition highlights Dematic's commitment to environmentally responsible manufacturing practices for Dematic and Colby Storage Solutions products.

Synopsis: Climate activists from Greenpeace and Extinction Rebellion Cymru Wales created a giant sand artwork of Nessa from "Gavin and Stacey" on Port Talbot beach, urging Prime Minister Keir Starmer to invest in green steel. The artwork comes amid Tata Steel's plans to close blast furnaces and switch to electric arc furnaces, potentially causing job losses.

Synopsis: Amazon and Johnson Controls have joined the Sustainable Steel Buyers Platform, which aims to accelerate the deployment of near-zero emissions steel. The platform, convened by RMI, has launched a Request for Proposal seeking 1 million metric tons of near-zero emissions steel annually by 2028.

Synopsis: SSAB and Framery have announced a partnership to incorporate fossil-free steel into office pod production. This collaboration aims to significantly reduce carbon emissions in the workspace sector, with Framery planning to use SSAB's fossil-free steel from 2026 onwards. The partnership aligns with Framery's goal to reduce CO₂ emissions by 50% per pod by 2028 compared to 2023 levels.

Synopsis: Climate Week NYC 2024 began with an impactful speech by Helen Clarkson, CEO of the Climate Group, emphasizing the urgent need for climate action. Supported by partners like PWC and Saint-Gobain, the event highlighted the theme "It’s Time" to address the severe impacts of climate change. Clarkson stressed the importance of a just transition, equitable climate finance, and the need for honest discussions about technology and fossil fuels. Her speech called for leveraging public demand for stronger climate policies and overcoming regulatory barriers to renewable energy deployment, setting the tone for essential climate discussions and actions.

Synopsis: Engineering firm Ramboll has joined the UN-led Green Jobs for Youth Pact, pledging to train 1,000 young people by 2025 to address the skills gap in the low-carbon economy. The initiative involves collaboration with ILO, UNEP, and UNICEF.

Synopsis: The International Energy Agency reports that tripling global renewable energy capacity by 2030 is achievable, with firms like grid companies and battery manufacturers playing crucial roles.

Synopsis: Analysts at British consulting firm Redshaw Advisors predict EU carbon prices could rise to €250 per metric ton by 2034 due to changes in emissions trading system.

Synopsis: Erdemir, part of OYAK Mining Metallurgy Group, announces ambitious plans to reduce carbon emissions and invest in green steel production, as shared by General Manager Niyazi Aşkın Peker.

Synopsis: Northwest Indiana, the nation's largest steelmaking region, is facing pressure to reduce its carbon footprint. US Steel, a major player in the area, is working towards sustainable steel production with products like InduX and verdeX. Environmental advocates are encouraging the adoption of greener technologies, such as direct reduction furnaces, to replace traditional blast furnaces.

Synopsis: The steel industry is undergoing a transformation with the rise of electric arc furnaces, which offer a cleaner alternative to traditional coal-fired blast furnaces. Companies like Primetals Technologies, a Mitsubishi Heavy Industries Group company, are leading this change by developing technologies such as the Active Power Feeder to make EAFs more efficient and grid-friendly. This article explores the challenges and innovations associated with EAFs and their role in the future of sustainable steelmaking.

Synopsis: Recent research by Heriot-Watt University’s Research Centre for Carbon Solutions suggests that by combining carbon capture technologies with financial incentives, the steel industry can reduce its carbon footprint and become profitable using lower-grade iron ore.

Synopsis: ArcelorMittal showcases XCarb® low-carbon steel solutions at WindEnergy Hamburg. The company offers tailored steel products for wind energy projects, including recycled and renewably produced options, contributing to CO₂ reduction in the industry.

Synopsis: Discover the Valstagna hydroelectric power plant, a crucial part of the Enel Group's history. This facility, located in Italy, has played a significant role in the country's industrial development and continues to be an important source of renewable energy.

Synopsis: Tata Steel, ArcelorMittal, and Nippon Steel face questions about their conflicting approaches to decarbonization in Europe and India. While closing blast furnaces in Europe, these companies are commissioning new ones in India, raising concerns about their carbon neutrality pledges.

Synopsis: The UK government delays implementing its Carbon Border Adjustment Mechanism until 2026, potentially impacting high-emission steel producers. UK Steel's Director General Gareth Stace warns of possible steel export diversion from Asia and the Middle East to the UK. The policy differences between UK and EU CBAM may increase carbon leakage risks.

Synopsis: Chile's CAP Group partners with SMS to develop sustainable steel production technologies. The project aims to decarbonize steel manufacturing processes in Chile, with SMS providing technical expertise and leading the development of innovative, eco-friendly steel production methods.

Synopsis: Tata Steel and unions Community, Unite, and GMB have reached a redundancy agreement for steelworkers in south Wales. The deal involves closing blast furnaces and investing in an electric arc furnace, potentially leading to thousands of job losses.

Synopsis: India plans to significantly expand its coal production by 2030 to boost energy self-reliance, risking a potential doubling of coal mine methane emissions, a potent greenhouse gas. As the world's second-largest coal producer, India faces the challenge of balancing increased energy output with environmental impact. The Ministry of Coal aims to increase production to over 1.5 billion metric tons annually, which could significantly raise methane emissions. However, India has an opportunity to mitigate these emissions by up to 35% annually by 2030 through effective national policies and mitigation technologies. This could save over 1.6 million metric tons of methane, reduce reliance on imported gas, and improve air quality. Comprehensive strategies, regulatory reforms, and international cooperation are crucial to addressing this challenge and positioning India as a leader in climate solutions.

Synopsis: RWE Supply & Trading and AM Green Ammonia have signed a Memorandum of Understanding for the supply of up to 250,000 metric tons of green ammonia annually from India. The agreement involves RFNBO-compliant ammonia production at AMG's facilities in Kakinada and Tuticorin, with deliveries expected to start by 2027.

Synopsis: China Steel Association reports a 4.3% increase in steel industry emissions from January to July 2024. Major firms like Baosteel, HBIS Group, and Shagang Group are likely involved.

Synopsis: Tenaris invested $520,000 to install an electric induction coil at its TuboCaribe mill in Cartagena, Colombia, replacing a natural gas furnace. This upgrade significantly reduces carbon emissions and energy consumption in the pipe upsetting process. The project is part of Tenaris's global decarbonization strategy, which includes initiatives in Argentina, China, Italy, and Romania.

Synopsis: Italian Consul General Sergio Federico Nicolaci meets with Danieli's Nicola Patrizi and Green Steel Wa officials in Perth to discuss the Collie Green Steel Mill project, set to be operational in 2026.

Synopsis: Mycron Steel Bhd, a Malaysian steel manufacturer, is planning to develop and launch its own patented green steel products by 2025. The company has signed a memorandum of understanding with Japanese steel producer JFE Steel Corporation to drive the adoption of green steel solutions in Malaysia. Mycron aims to become the first green steel manufacturer in the country, focusing on high-quality, low-carbon products for various high-end applications.

Synopsis: Metinvest Group is working to secure financing for a new steel plant in Piombino, Italy. The project, in partnership with Danieli, aims to produce 2.7 million metric tons of steel annually, with construction potentially starting by late 2024 or early 2025.

Synopsis: Hyundai Steel, in partnership with L&F, EcoPro BM, and LG Chem, plans to supply iron powder for LFP battery cathodes by 2025.

Synopsis: Solar Steel, a subsidiary of Gonvarri Industries, has agreed to supply 50MW of 1P trackers to Global Energy Services for a solar plant in Navarra, Spain. The deal involves 1,046 trackers supporting over 72,000 PV modules.