Tuesday, 3 December 2024

Spotlight: 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...

FILE PHOTO: Norsk Hydro logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessElectric Vehicles (EVs)Green SteelHydrogenNewsSemiconductorStorage

Norway’s Hydro to phase out green hydrogen, battery businesses

Norsk Hydro is no longer investing in its battery and green hydrogen businesses and will phase out these operations in the coming years.

An aerial view shows Nippon Steel East Nippon Works Kimitsu Area in Kimitsu, east of Tokyo, Japan in this photo taken by Kyodo November 7, 2023. Kyodo/via REUTERS
EconomyGreen SteelIndustryManufacturingNewsPoliticsRegulationsTrade

Japan PM Ishiba urges Biden to approve Nippon-US Steel deal, sources say

Japanese PM Ishiba urges Biden to approve Nippon Steel's acquisition of U.S. Steel, highlighting its benefits to U.S.-Japan ties.

Around a hundred employees gathered in front of the site near Reims to protest against the plans (AFP)
BusinessEconomyGreen SteelIndustryNews

Steelmaker ArcelorMittal to close two plants in France: unions

ArcelorMittal to shut two French plants by June, citing declining demand from industrial clients, affecting over 130 jobs.

AnalysisBusinessEconomyEmissionsGreen SteelHydrogenLegislationRegulations

Advocates make economic case for green steel production at Dearborn, Michigan plant

A recent report suggests it's time to convert Cleveland-Cliffs' Dearborn Works to green hydrogen technology ahead of the 2027 blast furnace relining.

A view of the ThyssenKrupp headquarters in Essen, Germany, November 22, 2023. REUTERS/Jana Rodenbusch/File Photo
BusinessEconomyGreen SteelIndustryNewsTrade

Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens

Thyssenkrupp takes one billion euros steel writedown, shares jump 10 per cent as analysts eye cash flow gains and a potential stake sale.

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

Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal

Nippon is looking to close its $14.9 billion deal for U.S. Steel by the end of the year before President-elect Trump enters the...

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