Steel Times International News
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Extension of UK Government energy scheme falls short compared to Europe
Gareth Stace, director-general of UK Steel, has welcomed the UK Government's introduction of the Energy Bill Discount Scheme, claiming that it provides some important certainty and stability for steelmakers in terms of production costs during an extremely difficult economic climate.
18 January 2023 -
Fossil-free electricity crucial, says SSAB's Lindqvist
The green transition, said SSAB's CEO Martin Lindqvist, is dependent upon access to fossil-free electricity, hydrogen and biocarbons. He was participating in a high-level panel discussion in Kiruna, Sweden, held in conjunction with the European Commission and the Swedish government.
17 January 2023 -
ResponsibleSteel signs MOU for 'rapid decarbonization' of steel
ResponsibleSteel, a global multi-stakeholder standard and certification programme, has signed a memorandum of understanding (MOU) with the Sustainable STEEL Principles Association (SSPA), ‘paving the way’ for the facilitation of the faster decarbonization of steel.
16 January 2023 -
Job losses risk as Liberty announces restructuring
A report from the BBC claims that Liberty Steel in the UK has put 440 jobs at risk under plans to 'mothball' three factories and cut production at another.
12 January 2023 -
ArcelorMittal Europe signs MOU to reduce carbon emissions
ArcelorMittal Europe – Flat Products and Gonvarri Industries have signed a memorandum of understanding (MOU) to co-operate on reducing CO2 emissions and strengthening both companies’ sustainability performance in the automotive market.
12 January 2023 -
New iron ore reserves discovered in Iran
The director-general of planning at Geological Survey and Mineral Exploration of Iran (GSI) has announced the discovery of new iron ore reserves in central Iran.
12 January 2023