H2 Green Steel partners with Midrex for DRI and Kobe Steel for equity investment
Midrex’s owner, Kobe Steel is further solidifying the partnership by investing in H2 Green Steel as part of its Series B financing round.
EU Commission approves €1 billion funding for Salzgitter AG’s low CO2 steel production
SALCOS® is aimed at converting steel production at Salzgitter into low carbon crude steel production in three stages over the period up until 2033.
thyssenkrupp Steel and automotive supplier Mubea sign MoU for supply of low-CO2 steel
Mubea aims to be climate neutral as early as 2035 and to reduce the total CO2 emissions of its business activities by at least 25 percent as early as 2025.
Emirates Steel Arkan teams up with Japanese companies to produce low-carbon steel
Emirates Steel Arkan has partnered with ITOCHU Corporation and JFE Steel Corporation to consider the construction of a ferrous raw material production facility in Abu Dhabi.
Rio Tinto and Shougang Group to explore steel decarbonisation solutions
The MoU’s focus areas include low-carbon sintering technology, blast furnace (BF) and basic oxygen furnace (BOF) optimisation, and carbon capture and utilisation (CCU).