UK-based Binding Solutions Limited (BSL) has completed a USD 5 mln equity fundraising round led by existing shareholders, including Mitsui Iron Ore Development Pty. Ltd. and Champion Iron, to accelerate the…
SSAB and JTK Power have jointly developed the world's first marine engine silencer made from low-emission SSAB Zero steel, marking a milestone in decarbonizing marine industry components. SSAB supplied around four tons…
Meranti Green Steel has secured full offtake coverage for the first module of its green hot briquetted iron (HBI) plant in the Duqm Special Economic Zone, marking a key commercial milestone for the project. The…
SSAB's investment in a new electric arc steel plant in Lulea has been designated a strategic net-zero project under the EU's Net-Zero Industry Act, highlighting its importance for Europe's industrial competitiveness and…
SSAB has signed a letter of intent with Rheinmetall for the supply of fossil-free steel, marking the first time a defence equipment manufacturer has committed to using decarbonized steel in production. The cooperation…
Stegra has signed a letter of intent with Galmed Steel under which Galmed will galvanize green steel produced at Stegra's Boden plant to serve parts of Stegra's automotive customer base. Galmed Steel, based in Sagunto…
SSAB Europe has commissioned PSI Software SE to implement PSImetals as a core element of its Green Steel transformation, supporting the digitalization and automation of its planned mini-mill in Lulea, Sweden. The…
EMSTEEL and Modon have signed a strategic memorandum of understanding to explore potential collaboration on steel solutions for future developments. The partnership will assess innovative, high-yield and sustainable…
Fujitsu has begun a demonstration project to test the traceability and transmission of green steel's environmental value across the steel supply chain, starting in December 2025. The initiative was selected by Japan's…
Thyssenkrupp Materials Processing Europe has signed a multi-year agreement with Stegra for the supply of steel from Stegra's new plant in Boden, with first deliveries expected to begin in 2027. The total contracted…
Outokumpu and Norsk e-Fuel have signed a memorandum of understanding to jointly explore a CO-to-sustainable aviation fuel (SAF) production plant located adjacent to Outokumpu's stainless steel operations at Koivuluoto…
Hyundai Steel will build a pilot direct reduced iron (DRI) facility at its Dangjin Steelworks to test hydrogen- and gas-based direct reduction processes, accelerating preparations for its planned steel mill in the…
ArcelorMittal and EDF have signed a Nuclear Power Production Allocation Contract (CAPN) covering ArcelorMittal's sites in France, following a letter of intent agreed in January 2024. Under the 18-year agreement, EDF…
SMS group has strengthened its position as a full-line supplier for sustainable metallurgy by acquiring selected business units and technologies from Metso across Germany, India, China, and Australia. The move enhances…
Oman is moving to strengthen industrial cooperation with China's Tsingshan Group as part of efforts to localize green steel production and develop downstream industries under its Industrial Strategy 2040, according to…
British Steel participated in a cross-sector project that examined ways to reduce carbon emissions by improving waste heat recovery from high-temperature furnaces. The study, led by the Materials Processing Institute…
Ekinciler Demir Celik is strengthening its low-carbon steel production strategy by sourcing renewable energy through a new solar power project developed with YEO Teknoloji. Under the agreement, a 35.2 MWp solar power…
Thyssenkrupp Steel has signed a long-term supply agreement with ferrous and non-ferrous metal recycler TSR Group for the delivery of TSR40, an innovative recycled raw material. TSR40 is produced exclusively from…
EMSTEEL Group announced new steps with the Emirates Nuclear Energy Company (ENEC) to decarbonize steel production by sourcing nuclear-generated electricity certified under Abu Dhabi's Clean Energy Certificates Program…
China Baowu Steel Group has commissioned its first 1-mln-ton-per-year near-zero carbon steel production line in Zhanjiang, Guangdong, marking a major step forward in hydrogen-based steelmaking. The new line uses…