Steel Times International News
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thyssenkrupp to invest €2 billion constructing Germany's largest DRI plant
thyssenkrupp, the German multinational conglomerate, has announced plans to invest over €2 billion for the construction of Germany’s largest direct reduction plant for low CO2 steel.
12 September 2022 -
Sustainable steelmaker GravitHy announces company CEO
GravitHy, a sustainable iron and steel company, with its first plant located in Fos-sur-Mer, Southern France, has announced the appointment of José Noldin as chief executive officer (CEO).
09 September 2022 -
Tata Steel invests £400,000 in green technology at Port Talbot plant
Tata Steel has invested £400,000 in new technology at its Port Talbot plant in a bid to reduce its consumption of imported natural gas. The Indian steelmaker said the new equipment will reduce carbon emissions by 10kt/yr, while also saving it millions of pounds.
09 September 2022 -
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ArcelorMittal closing Bremen furnace, citing 'soaring' gas costs
ArcelorMittal has announced that it will switch off one of two furnaces at its steelworks in the German city of Bremen until further notice from September-end, citing the soaring cost of gas, weak market demand and a negative economic outlook.
06 September 2022 -
Investors happy to support H2 Green Steel
Following on from H2 Green Steel securing a total of € 190 million in the first close of its series B equity financing, there is clearly strong support from new and existing investors.
02 September 2022
