Thursday, 20 February 2025

Spotlight: Green Steel

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Coal use persists: Asian growth offsets declines in EU and US

Despite developed nations phasing out coal, global demand is hitting record levels driven by China and India's growth.

A digital render depicts what Stegra's steel mill outside Boden, Sweden will look like when completed, in this handout image obtained December 16, 2024. Stegra/Handout via REUTERS
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Sweden’s north frets over financial risks as green boom stumbles

Sweden's local authorities seek more financial support as Northvolt's bankruptcy threatens the green industry transition.

FILE PHOTO: A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan U.S., September 16, 2024.  REUTERS/Rebecca Cook/File Photo
BusinessEconomyGreen SteelIndustryInfrastructureManufacturingNewsPoliticsRegulationsTrade

Biden plans to block Nippon Steel purchase of US Steel, Bloomberg News reports

President Biden plans to block Nippon Steel's $15B U.S. Steel takeover on national security grounds, Bloomberg reports.

AnalysisAutomotiveBuildingsBusinessClimateConstructionEmissionsGreen SteelIndustryInfrastructureManufacturingOpinionRegulationsTrade

Collaboration on steel and cement emissions standards is crucial for global markets

For industry, interoperable standards can provide a common language to facilitate global markets and help accelerate the energy transition.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyGreen SteelIndustryInfrastructureManufacturingNewsPoliticsRegulations

Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive

Nippon Steel remains committed to its $15B U.S. Steel acquisition, confident of closing by year-end despite U.S. opposition.

AnalysisClimate FinanceEmissionsEmissions MarketsGreen SteelHydrogenIndustryTrade

Could making hydrogen-based ‘green iron’ in emerging markets speed shift to green steel in developed countries?

OIES: Could setting up ironmaking plants powered by green hydrogen in developing countries support the transition to green steel?

Power lines are seen against cloudy skies near Murvale, Ont., northwest of Kingston, Wednesday, Sept. 7, 2022. THE CANADIAN PRESS/Adrian Wyld
BusinessEfficiencyElectricityEmissionsGreen SteelNatural GasNewsNuclear PowerStorageUtilities

Ontario says federal clean electricity regulations would add $35B in costs

Ontario challenges federal electricity rules, citing $35B in added costs by 2050, rising bills, and feasibility concerns.

Workers load steel products for export to a cargo ship at a port in Lianyungang, Jiangsu province, China May 27, 2020. China Daily via REUTERS/ File Photo
CoalEmissionsGreen SteelHydrogenManufacturingNews

Big steelmakers failing to make the switch to renewables, survey shows

Steel is responsible for 7% of global CO2 emissions, with coal-fired blast furnaces producing 2 tons of CO2 for each ton of output.

News ReleaseGreen SteelManufacturing

ArcelorMittal Construction achieves Core Site Certification

November 28 2024 We are delighted to announce that ArcelorMittal's coil coating plant in Contrisson has been awarded ResponsibleSteel Core Site Certification, underscoring...

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