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2026 will mark the start of a new era of carbon pricing in the steel industry. Free emission allowances for European steel mills will be phased out. At the same time, CBAM introduces an equivalent carbon price for imported steel. Together, these two instruments narrow cost gaps, but they may not be sufficient for the transition to green steel.
After around two years of construction and assembly work, thyssenkrupp Steel Europe has implemented major strategic investments at the Duisburg location.
Boston Metal announced it has raised $51 million in a convertible note investment from existing investors including BHP Ventures, Breakthrough Energy Ventures, Piva Capital and SiteGround.
Salzgitter Flachstahl GmbH has awarded Tenova a significant contract for the supply of a state-of-the-art walking beam furnace for slabs at the Salzgitter Flachstahl GmbH site.
The steel industry is on the brink of a transformative shift towards greener, more sustainable practices. One promising advancement in this journey is the introduction of a new laser ultrasonic (LUS) based grain size gauge. This cutting-edge technology offers unprecedented insights into the microstructure of steel, paving the way for more efficient and environmentally friendly production methods.
With the four central electrolyzer buildings nearing completion, installation of the process equipment that will produce green hydrogen, the lifeblood of Stegra’s green iron and steel plants, is moving forward at pace.
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