Pakistan's lack of a centralized energy efficiency monitoring system is hindering efforts to modernize its steel sector and attract international green financing, according to a new World Bank report. Titled Steel…
SSAB has secured an additional EUR 430 mln (USD 504 mln) in green financing to advance its transformation project in Lulea, Sweden. This follows a successful debt raising in April 2025 and supports the construction of a…
SSAB has signed an agreement with Polmotors, a leading tier 1 automotive supplier, for the future supply of fossil-free steel to be used in structural components and assemblies for the automotive sector. The…
Tata Steel Nederland has joined the Low Emission Steel Standard (LESS), an independent non-profit organization promoting the steel industry's transition to climate neutrality, the company announced in a press release…
Outokumpu, a global leader in sustainable stainless steel, has partnered with Alstom, a leading provider of smart mobility solutions, to supply Outokumpu Circle Green, a stainless steel with up to 93pct lower carbon…
ArcelorMittal Europe has officially withdrawn from its planned DRI and EAF investments at its Bremen and Eisenhuttenstadt sites, citing unfavorable market, energy, and policy conditions. Despite a EUR 1.3 bln (USD 1.49…
SSAB has begun preparatory work for its new, state-of-the-art steel mill in Lulea, intended to replace the current blast furnace-based production. However, the project faces a 12-month delay, shifting the planned…
The Salzgitter Group and Volvo Cars are deepening their collaboration with a closed-loop recycling initiative set to launch in 2026. Under the expanded partnership, Salzgitter AG will purchase significant volumes of…
UAE-based EMSTEEL, one of the region's largest publicly traded steel and building materials manufacturers, has received a provisional "AA" ESG rating from MSCI, placing it among the top performers in the global steel…
Tata Steel plans to produce 10-15 mln tons of steel through recycling over the next 10-15 years, as part of its strategy to adopt low-carbon steelmaking technologies in India and Europe, CEO and MD T.V. Narendran said…
ArcelorMittal Distribution Iberia is constructing a new state-of-the-art distribution center at its Villaverde plant in Madrid, a strategic logistics hub for steel distribution, long product processing, and recycling…
SSAB and Volvo Cars have signed a landmark agreement for the delivery of SSAB Zero steel, set to begin this year. Volvo becomes the first automaker to commit to using decarbonized steel in series production. SSAB Zero…
Salzgitter Flachstahl GmbH (SZFG), a subsidiary of the Salzgitter Group, has launched tenders for long-term solar power supply and on-site battery storage, advancing its transition to low-carbon steel production under…
Tosyali Algerie is set to explore the development of an integrated green hydrogen project in partnership with Sonatrach, Sonelgaz, and Hecate Renewable Energy. The project will use renewable energy to support the…
Nippon Steel plans to invest JPY 868.7 bln (USD 5.98 bln) to install electric furnaces at its domestic steel plants, backed by up to JPY 251.4 bln (USD 1.7 bln) in aid from Japan's industry ministry. The initiative…
Outokumpu, a global leader in sustainable stainless steel, has partnered with Danish water solutions company Grundfos to accelerate the use of low-emission materials. As part of the collaboration, most of the stainless…
Investcorp, a global alternative investment firm, has announced that its infrastructure platform, Investcorp Aberdeen Infrastructure Partners (AIIP), will invest in a USD 550 mln marine infrastructure project at the…
EMSTEEL, one of the region's largest publicly traded steel and building materials manufacturers, has signed a memorandum of understanding with Aldar to supply hydrogen-based steel rebar, marking a regional first in…
Malaysia Steel Works (KL) Bhd (Masteel) has signed a Memorandum of Understanding (MoU) with Ace Gases Marketing Sdn. Bhd., a subsidiary of Kelington Group Berhad, and Universiti Tunku Abdul Rahman (UTAR) to advance…
Vale has signed a Head of Agreement (HOA) with OQ Alternative Energy (OQAE) during Oman Sustainability Week, marking a key step in its strategy to decarbonize operations and transition to renewable energy in Oman. The…