Steel Times International News
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British Steel considers relocation amid decarbonization efforts
British Steel is considering plans to move steelmaking to Teesside, North-East England, after proposals to reduce carbon emissions at its 19th-century works in Scunthorpe failed to materialize.
15 September 2023 -
Port Talbot green steel subsidy could lead to 3,000 job losses
The UK government is set to announce a £500m support package for Tata Steel to secure the future of the Port Talbot steelworks, in an agreement that could lead to as many as 3,000 job losses, according to a report by The Guardian.
15 September 2023 -
Boston Metal raises $262m in green steel funding round
Green-steel start-up Boston Metal has closed another major funding round as it looks to further develop the production of fossil fuel–free steel.
11 September 2023 -
Ovako makes climate history at Hofors, Sweden
On Tuesday 5 September, Swedish steelmaker Ovako, a leading European manufacturer of steel and one of the largest steel recyclers in Scandinavia, inaugurated the world's first fossil-free hydrogen plant for heating steel before rolling.
08 September 2023 -
H2 Green Steel raises €1.5b for 'world's first green steel plant'
In the largest private placement in Europe this year, H2 Green Steel has raised about €1.5 billion to finance the world’s first large-scale green steel plant and Europe’s first giga-scale electrolyzer.
07 September 2023 -
Tata Steel and ABB partner on energy efficient tech
Tata Steel and plant supplier ABB have signed a memorandum of understanding (MOU) to co-create models and technologies to help reduce the carbon footprint of steel production.
06 September 2023
![Tata Steel UK's job cuts to take place 'over months...[not] years'](/imager/news/294920/industry-817188_ed9dea80b01e52b04623457dbf683ddf.jpg)
