Oman's Vulcan Steel and Volkswagen AG have signed a Memorandum of Understanding (MoU) to partner on producing low-carbon steel, a key element of Volkswagen’s green steel strategy. This partnership will see up to 300,000…
The European Commission recently approved a handful of measures to support decarbonizing steel production processes in France and Germany. One approval is a nearly USD 942 mln French measure to support ArcelorMittal…
Industrial engineering firm, Sarralle, in collaboration with Nippon Gases, is taking significant strides towards aiding companies in their decarbonization and sustainability efforts. To this end, they have equipped…
Emirates Steel Arkan, AD Ports Group, Itochu Corporation, and JFE Steel have inked a non-binding Memorandum of Understanding (MoU) to collaborate on the development of an integrated low-carbon iron supply chain complex…
Kirchhoff Automotive, a renowned manufacturer of safety-focused structural components for the global automotive industry, has partnered with Swedish steel producer, SSAB to achieve a significant 40pct reduction in their…
ArcelorMittal, the world's top steel and mining company, has introduced a groundbreaking line of steel tubes with significantly reduced carbon emissions. These innovative tubes, made from XCarb recycled and renewable…
Vulcan International Holding Company, a wholly owned entity of India's Jindal Group, is spearheading a series of steel projects in Oman, with a notable focus on a groundbreaking green steel complex in Duqm. The holding…
Hyundai Steel Co., a unit under South Korean auto giant Hyundai Motor Group, is set to kick off research on hydrogen-based steelmaking as its new lab will open by the end of this year in Dangjin Integrated Steelworks…
Blastr Green Steel has signed a Letter of Intent (LOI) with Redcar Bulk Terminal (RBT) at Teesside, United Kingdom, to explore the opportunity for RBT becoming the location for Blastr´s pellet plant for supplying…
Blastr Green Steel AS, a prominent developer of ultra-low CO2 steel products, and Cargill, a leading player in the global ferrous supply chain, have recently signed a strategic framework agreement. This agreement…
Sweden’s H2 Green Steel (H2GS) has signed a 7-year binding agreement with ZF, one of the biggest suppliers to the automotive industry globally. Deliveries of near zero emissions steel are set to begin in 2026. ZF…
ArcelorMittal, the world’s leading steel and mining company, and Snop, a major tier-one European automotive supplier, have signed a sustainability-focused memorandum of understanding (MoU) at Snop’s headquarters in…
Vulcan Steel, owned by industrialist Naveen Jindal, is engaging in discussions with multiple export credit agencies (ECAs) to secure USD 2.5 bln in funding for its upcoming environmentally-friendly steel plant in Oman…
Tata Steel UK has achieved a significant milestone in its decarbonisation journey after delivering its first Optemis Carbon Lite steel to infrastructure supplier, Boecker Stahl-Service. The 22-ton hot dip galvanised…
Outokumpu, the global leader in stainless steel, is partnering with Thyssenkrupp Materials Processing Europe, a leading steel and aluminium service centre, and Boysen Group, a premium exhaust system manufacturer, to…
India plans to widen the range of steel grades covered by a government incentive program in a bid to boost output and back Prime Minister Narendra Modi’s goal to establish the nation as a global manufacturing hub. The…
The European Commission announced that it has granted approval for EUR 280 mln (USD 307 mln) in funding, in accordance with EU State aid regulations, to assist ArcelorMittal Belgium in its efforts to partially reduce…
Cargill Metals has entered into a multi-year agreement with Swedish industrial startup H2 Green Steel (H2GS) for the supply of green steel. The agreement aims to accelerate global ferrous supply chain decarbonization…
Tata Steel Limited and Germany’s SMS group have signed a Memorandum of Understanding (MoU) to collaborate on decarbonisation of steel making process. As part of the MoU, the companies shall undertake further technical…
In June 2023, Hydnum Steel and Primetals Technologies signed a Memorandum of Understanding (MoU) with the intention to implement a greenfield plant for green steel production in Puertollano, Spain. The comprehensive…