Steel Times International News
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HYBRIT destined for the USA, says SSAB
Swedish steelmaker SSAB, a Nordic and US-based steel company that claims to build a stronger, lighter and more sustainable world through value added steel products and services, has been selected for awards negotiations for up to US$500 million in funding from the US Department of Energy for the potential construction of a HYBRIT® manufacturing facility, capable of producing fossil free iron by using green hydrogen instead of fossil fuels.
25 March 2024 -
World's first emission-free steel powder from SSAB
SSAB has launched the world’s first emission-free steel powder for commercial deliveries, made of recycled SSAB Zero® steel.
25 March 2024 -
$1 billion in federal investments for cleaner steel
Climate advocates and community members have welcomed today’s announcements from the US Department of Energy’s Office of Clean Energy Demonstrations unveiling initial award negotiations for the first hydrogen-ready iron-making facilities in the USA.
25 March 2024 -
Nucor signs agreement with Mercedes-Benz to supply Econiq™-RE steel
Nucor Corporation has signed an agreement with Mercedes-Benz to supply Econiq™-RE for Mercedes-Benz models produced at their Tuscaloosa, Alabama manufacturing plant.
21 March 2024 -
Tenova to provide the first hydrogen experimental DRI plant in Japan
Nippon Steel Corporation will use ENERGIRON® technology to conduct experimental operation of reduced iron with hydrogen.
20 March 2024 -
US lags way behind Europe on public subsidies for green steel investments
A new white paper from Industrious Labs and Public Citizen reveals a significant disparity in grant subsidies between the United States and Europe for green steel investments. While Europe has awarded $5.5 billion in public subsidies across six major green steel projects, with a median subsidy of approximately $385 per tonne of iron capacity, the USA lags behind with no green iron facilities announced.
20 March 2024
