Steel Times International News
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Korean steel industry faces supply disruptions
Supply disruptions loom in Korea’s steel industry as the country’s two largest steelmakers are struggling to fully operate their plants.
30 September 2022 -
Six international banks to disclose carbon intensity of steel portfolios
Six international banks have agreed to measure and publicly disclose the carbon intensity of their steel lending portfolios, in an attempt to push an industry reliant on highly polluting coal towards net-zero emissions.
29 September 2022 -
World’s largest acid regeneration plant supplied by John Cockerill
The official inauguration of the world’s largest acid regeneration installation has taken place at the Chinese BAOWU Steel Group’s Shanghai-based subsidiary, Baoshan Iron and Steel, supplied by mechanical engineering group, John Cockerill Industry.
27 September 2022 -
Emirates Steel Arkan plans green iron supply chain
Emirates Steel Arkan has partnered with ITOCHU Corporation and JFE Steel Corporation, a subsidiary of JFE Holdings, to consider the construction of a ferrous raw material production facility in Abu Dhabi that would aim to become an integral part of a global low carbon emission iron supply chain.
26 September 2022 -
Shougang Group and Rio Tinto to explore low-carbon steel solutions
Anglo-Australian miner Rio Tinto has signed a memorandum of understanding (MOU) with Chinese steel producer, Shougang Group, to explore low-carbon solutions for the steel industry.
26 September 2022 -
POSCO to invest $14 billion in green steel technologies
South Korean steelmaker POSCO Holdings has announced plans to invest $14 billion in technologies to mitigate its environmental impact amid mounting pressure on the industry to cut its hefty greenhouse gas emissions.
23 September 2022
