Tuesday, 13 May 2025

Spotlight: Green Steel

Tata Steel’s Port Talbot steelworks in south Wales (Ben Birchall/PA)
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New deal to help transition of steel production at Port Talbot

UK Government strikes deal over workers as thousands of jobs set to go as Port Talbot embraces electric arc production for steel.

News ReleaseClimate FinanceEmissionsGreen SteelIndustry

Tata Steel signs £500 million Grant Funding Agreement with UK Government for £1.25 billion green steel project in Port Talbot

September 11 2024 Tata Steel announces that it has signed a  £500 million Grant Funding Agreement with the UK Government allowing it to...

News ReleaseClimate FinanceEmissionsGreen SteelIndustryPolitics

Government puts workers at the heart of new and improved Port Talbot deal

The government has announced a new, improved Port Talbot deal for workers which has been agreed with Tata Steel and Trade Unions. Published...

BusinessCarbon ManagementClimate FinanceEmissionsEmissions MarketsGreen SteelIndustryManufacturingNews

World Bank’s IFC signs green financing deal with Indonesia steel mill

Money for electric arc furnace technology could help steelmaker decarbonise and compete in markets looking for green steel.

Protesters gathered outside the firm’s London headquarters on Monday (Kristian Buus/Greenpeace/PA)
BusinessClimate FinanceEmissionsGreen SteelIndustryLabourNews

UK climate groups, unions demand ‘just transition’ for Tata Steel workers

Climate groups and unions are calling for alternative solutions to decarbonising Tata’s Port Talbot plant in order to prevent mass job losses.

Bas Eickhout, lead candidate for the European Greens, reacts to the announcement of the first provisional results for the European Parliament elections, at the European Parliament building, in Brussels, Belgium, June 10, 2024. REUTERS/Piroschka van de Wouw
AnalysisClimateElectionsElectric Vehicles (EVs)EmissionsGreen SteelIn-DepthPoliticsSolarWind

Rightward shift after election could limit future EU climate policies

A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe's current world-leading green...

News ReleaseGreen SteelHydrogen

Cepsa selects thyssenkrupp nucera as preferred supplier of a 300-MW electrolyzer for a green hydrogen plant in Spain

thyssenkrupp nucera has received an award to provide a basic engineering design package, utilizing scalum® modules, for a new green hydrogen plant Integration...

An employee moves forging red hot steel inside the ArcVac ForgeCast factory, in Hooghly district, in the eastern state of West Bengal, India, April 26, 2024. REUTERS/Sahiba Chawdhary/Files
AnalysisCarbon ManagementEmissions MarketsGreen SteelOpinion

Opinion: Green steel needs tiered incentives to flourish in Asia

Virtually every player in the market is taking green steel seriously – but achieving net-zero by 2050 is likely a pipedream, unless there's...

Carbon ManagementCoalEmissionsEnvironmentGreen SteelIndustryNews

Tata Steel brings forward UK coke ovens closure

Indian-owned Tata Steel UK said Monday that it would shut down coke ovens at its Port Talbot steelworks in south Wales starting this...

News ReleaseGreen Steel

thyssenkrupp Steel is intensively pushing ahead with developing the hydrogen economy: Call for tenders for supplying hydrogen to the first direct reduction plant at the Duisburg location

thyssenkrupp Steel has issued a call for tenders to supply hydrogen to the first direct reduction plant in the tkH2Steel decarbonization project Hydrogen...