Synopsis: Uğur Dalbeler, vice president of the Turkish Steel Exporters' Association, highlighted the importance of green transition in the steel industry during the "EU Carbon Border Adjustment Mechanism and Green Transformation" conference. He discussed Turkey's position as a leading producer of clean steel, but pointed out the challenges in reducing logistics-related emissions.

Synopsis: The Welsh Government has doubled its financial aid for workers and businesses affected by Tata Steel job cuts, particularly in Port Talbot, South Wales. A new £15 million boost brings the total fund to £30 million. This aims to help businesses reliant on Tata Steel, expanding grant eligibility and increasing individual support to £250,000. The support comes as Tata Steel begins a voluntary redundancy program, with more departures expected in 2025.

Synopsis: Dexin Steel has signed a US$100 million loan agreement with UOB Indonesia to expand production capacity and support its decarbonization goals. The loan helps advance its transition to electric arc furnace technology and commitment to achieving carbon neutrality by 2058.

Synopsis: The planned $100 million-plus National Green Steel plant, located at Hampton Downs, will focus on sustainable steel production from recycled scrap metal, with expectations of creating up to 200 jobs.

Synopsis: Champion Iron Limited has announced a partnership with Nippon Steel Corporation and Sojitz Corporation to advance the Kami Project in Labrador, Canada. This joint venture will see a contribution of $245 million from the partners for a 49% stake in the project, with Champion retaining majority control. The initiative aims to develop a high-purity iron ore source crucial for the steel industry’s decarbonization, with significant economic benefits for the region.

Synopsis: Tenaris and IGI Poseidon have teamed up to advance hydrogen transportation through ultra-deep offshore pipelines, aiming to address challenges in safety, cost, and the material impact of hydrogen on steel.

Synopsis: Gensol Engineering has been awarded a 22 MW solar PV project by a leading steel company in Punjab, marking a significant step in India's renewable energy transition. The project, valued at INR 88 Crore, will be completed over six months and use high-efficiency Bi-facial solar modules to support the decarbonization efforts of the steel industry.

Synopsis: Australia’s largest steelmakers, BlueScope, BHP, and Rio Tinto, have selected the Kwinana Industrial Area in Western Australia for the groundbreaking development of the country’s largest ironmaking electric smelting furnace pilot plant. This collaborative project will test innovative technologies to reduce carbon emissions in steel production, with the goal of achieving near-zero emissions by utilizing Pilbara iron ore.

Synopsis: Hawsons Iron, led by CEO Tom Revy, is positioning itself at the forefront of the green steel revolution by providing high-quality, low-impurity magnetite iron ore concentrates. With a flagship project in Australia’s Braemar region, the company aims to meet the growing global demand for sustainable steelmaking feedstock, supporting the transition to greener, electric arc furnace based steel production.

Synopsis: Brazilian steelmakers are pushing for a cross-border carbon adjustment mechanism similar to Europe’s to safeguard the industry against growing climate regulations and competitive pressures. The country’s ambitious emission reduction targets have raised concerns, as local producers fear that they will face higher costs without adequate protection from predatory imports, especially from China.

Synopsis: Electra, a clean iron company, and Interfer Edelstahl Group, a global trader of steel and raw materials, have signed a groundbreaking partnership to produce low-carbon, high-purity iron for specialty steel. This collaboration aims to advance green steel production and help both companies meet their ambitious decarbonization targets.

Synopsis: Indonesia’s iron and steel industry is witnessing rapid growth in exports and investments, while local production capacities remain underutilized. As the country shifts towards expanding steelmaking capacity, concerns about carbon lock-in and the need for a clear decarbonization strategy grow. Strategic roadmaps, investments in renewables, and stricter trade policies are critical to aligning the industry with global climate goals.

Synopsis: Grew Energy will supply 500 MW of photovoltaic modules for Jindal Renewable’s solar project in Rajasthan, contributing to the decarbonization of steel production. This partnership supports Jindal Steel & Power’s long-term renewable energy goals and reduces its carbon emissions.

Synopsis: ING International Bank forecasts a moderate recovery for the EU carbon market in 2025, with carbon prices expected to rise to €70 per metric ton in Q1 and €74 per metric ton by year-end. However, this recovery will be tempered by weak industrial demand, trade tensions, and the high volume of carbon allowances being auctioned to fund the REPowerEU initiative.

Synopsis: At COP29 in Azerbaijan, Brazil set ambitious emission-reduction targets, aiming for a 67% decrease in emissions from 2005 levels by 2035. However, the country’s steel industry, led by Aco Brasil, expressed concerns over the feasibility of these goals, arguing that they would require over $29 billion in capital spending and may not be financially sustainable. The sector is also worried about the impact of rising imports, particularly from China, and is urging the government to implement carbon border adjustments to protect local producers.

Synopsis: Tata Steel UK and JCB have signed a Memorandum of Understanding to supply low CO2 steel from Tata's Port Talbot plant. This collaboration supports JCB's commitment to carbon reduction in its machinery manufacturing. Tata's £1.25 billion investment plan to produce low-CO2 steel will involve a state-of-the-art electric arc furnace that will cut CO2 emissions by up to 90% and reduce the UK's carbon emissions by about 1.5%.

Synopsis: Hardox®, a groundbreaking wear steel, marks 50 years of excellence, having evolved into a global leader in durability and strength. Now, it's taking a step further with the launch of Hardox® 450 made from SSAB Zero™, an emission-free steel created using recycled materials and fossil-free energy. This new, sustainable innovation offers the same toughness as its predecessors, while significantly reducing environmental impact.

Synopsis: This article delves into the integrated analysis of carbon flows, material flows, and energy flows in Electric Arc Furnace steelmaking, focusing on the China-style EAF method. The study builds mathematical models to understand the impacts of material and energy consumption on carbon emissions and discusses the effects of electricity, carbon powder, and natural gas on the sustainability of the process.

Synopsis: Erdemir, Turkey's steel giant, is undergoing a remarkable transformation with its green steel initiative aimed at cutting carbon emissions, improving production efficiency, and leading the steel industry into a sustainable future. With investments surpassing $ 1 billion, the company is setting its sights on achieving net-zero emissions by 2050, reshaping Turkey’s steel sector and beyond.

Synopsis: EMSTEEL, the largest steel manufacturer in the UAE, is shaping the future of the steel and building materials industry by integrating cutting-edge technology with sustainable practices. CEO Saeed Ghumran Al Remeithi discusses the company’s expansion strategies, technological advancements, and key partnerships aimed at supporting the UAE’s ambition for a low-carbon, sustainable future.

Synopsis: The Southwestern Hydrogen Corridor, a collaborative project between leading energy and industrial players, is set to drive Europe's hydrogen economy. With an ambitious goal to decarbonize hard-to-abate sectors by 2030, this alliance will link hydrogen production, storage, and consumption across Europe, contributing to the European Green Deal and energy transition.

Synopsis: BENTELER Group announces plans to build a new automotive plant in Wyoming, Michigan, set to start production in 2026. The facility will focus on manufacturing electric vehicle components and will contribute to the company’s strategy to strengthen its US presence. The new plant is expected to create 150 new jobs, further supporting BENTELER’s growth in the US automotive market.

Synopsis:ArcelorMittal Hamburg will supply carbon-neutral industrial waste heat to Hamburger Energiewerke starting in 2027. This collaboration aims to provide sustainable energy to the Hafen Energy Park, supporting Hamburg's transition to greener energy sources while reducing CO2 emissions by over 15,000 metric tons annually.

Synopsis: Kanthal, a division of Alleima, has been awarded Sweden's prestigious E-Prize for energy optimization. The award recognizes Kanthal's innovative approach to electrifying high-temperature industrial processes, replacing fossil fuels with efficient electric heating to reduce carbon emissions and improve environmental and working conditions.

Synopsis: Green steel demand in Europe is still highly regionalized, with Nordic countries leading the charge. Premiums for green steel have slightly increased due to limited supply and demand, with most steel suppliers unwilling to lower prices significantly. Publicly traded companies are increasingly prioritizing sustainability, though economic challenges hinder broader adoption of green steel, especially in Southern and Central Europe. The premium for steel with reduced carbon emissions varies, with a significant increase in premiums for lower-emission steel from blast furnaces.

Synopsis: The European Investment Bank has announced a €100 million loan to Marcegaglia, an Italian steel company, to help fund its decarbonization and automation efforts. This investment, part of a €170 million plan, will focus on improving energy efficiency and sustainability in Marcegaglia's steel plants, aiming to reduce its environmental impact by 2028.

Synopsis: ArcelorMittal Europe – Flat Products is driving sustainability in its logistics by adopting electric and eco-friendly truck trials, expanding rail transport, and exploring maritime options. The company continues to decarbonize its steel shipments, aiming to cut emissions and support its XCarb® low-carbon product range. Despite some setbacks in investment, ArcelorMittal is still committed to achieving its green goals in Europe, with key investments moving forward in Spain’s clean energy sector.

Synopsis: Italy's Danieli Group, in collaboration with Japan's Shinkansai steel plant, has launched an innovative electric power system for melting furnaces, marking a pivotal moment for Green Steel. This system uses 100% recycled materials and improves energy efficiency while increasing productivity. The project will be showcased at Expo 2025 in Osaka, underscoring the global commitment to sustainable steel production and technological advancement.

Synopsis: Elements Green has announced a game-changing partnership with Pro Renewables to build the Great North Road Solar & Biodiversity Park near Newark, UK. The project will exclusively use British steel for the construction of the park, creating hundreds of local jobs and reducing carbon emissions. The site aims to power every home in Nottinghamshire, helping the UK achieve energy security while lowering household bills.

Synopsis: Decarbonization projects for heavy industries, including steel, cement, and chemicals, now total $1 trillion in development, but the clock is ticking. With industrial sectors accounting for over 30% of global emissions, urgent action and policy support are needed to unlock investment and ensure these projects are completed by 2030.

Synopsis: On December 12, 2024, India launched its Green Steel Taxonomy, setting a landmark framework for the nation’s decarbonization efforts in the steel sector. With a goal to reduce carbon emissions and boost low-carbon steel production, India becomes the first country globally to introduce a standardized taxonomy for green steel.

Synopsis: SSAB and Stena Metall have entered into a strategic cooperation agreement to deliver recycled scrap metal from Stena's Halmstad facility to SSAB's new electric arc furnace in Oxelösund. This collaboration is a key step toward reducing carbon emissions in Sweden's steel production and advancing fossil-free steel manufacturing.

Synopsis: The Pittini Group is taking significant strides in the steel industry by advancing hydrogen technology for steel production. Through the DevH2forEAF Project, they aim to integrate hydrogen into electric arc furnaces, potentially revolutionizing the sector’s sustainability. This innovation could drastically reduce carbon emissions and accelerate the industry’s transition to greener practices.

Synopsis: Vale has completed negotiations with the US Department of Energy to develop a groundbreaking industrial-scale briquette plant in Louisiana. The project, backed by over $3.8 million in initial funding, aims to produce innovative low-emissions iron ore briquettes for the steel industry, contributing to decarbonization efforts in the US.

Synopsis: Outokumpu has been named a Leading Company at the 2024 ESG Transparency Awards for its outstanding sustainability practices and transparent reporting. The company achieved a high score of 87/100, cementing its position as a leader in environmental responsibility within the steel industry.

Synopsis: Modon Real Estate has become the first real estate developer in the UAE to use low-carbon steel in its projects, partnering with EMSTEEL Group. This landmark collaboration, in line with the UAE’s Net-Zero 2050 strategy, will accelerate the transition to sustainable construction practices using green steel produced with renewable hydrogen.

Synopsis: South Africa's long-steel production sector faces an existential crisis as ArcelorMittal South Africa pushes for the removal of policies designed to protect local jobs and reduce carbon emissions. This could lead to the collapse of smaller mills, job losses, and a return to higher-emission, less sustainable steel production methods.

Synopsis: GB Railfreight has introduced three new low-emission Zephir ‘LOK 16.300’ depot shunters at CELSA Steel UK in Cardiff. These eco-friendly locomotives, designed to move steel billets efficiently, are expected to reduce emissions by around 40%. To celebrate, a competition to name the shunters will raise funds for charity.

Synopsis: Statkraft and LKAB have deepened their collaboration to boost renewable energy production in Northern Sweden. The two companies signed a Memorandum of Understanding for the Hästliden wind power project in Piteå, which aims to generate 2.2 TWh of electricity annually. This partnership aligns with Sweden’s ambitious renewable energy goals, with the project set to power up to 20% of the country's electricity demand.

Synopsis: Ontario’s labour ministry is looking into a roof collapse at Algoma Steel, which occurred due to heavy snow but caused no injuries.

Synopsis: ARENA has committed almost A$400 million to renewable energy projects in 2023-24.

Synopsis: Researchers caution that relying on hydrogen for energy-intensive industries in Germany may be inefficient and costly, suggesting alternatives instead.

Synopsis: The leader of North Lincolnshire Council urges the Government to provide real investment in British Steel to secure thousands of jobs at the Scunthorpe plant.

Synopsis: Steel Dynamics has been awarded the Thoroughbred Sustainability Partner Award by Norfolk Southern for its leadership in energy efficiency and environmental stewardship. This recognition reflects the company's commitment to innovative solutions that enhance efficiency and promote material conservation.

Synopsis: ARENA has granted A$10 million to Fortescue for fast chargers in mining.

Synopsis: Oman and Belgium are enhancing their cooperation in green hydrogen production, transportation, and utilization through a new agreement.

Synopsis: The World Bank has approved $660 million to expand Turkey’s low-carbon railway network, enhancing efficiency and sustainability.

Synopsis: ArcelorMittal’s recent delay in green steel initiatives is harming both the European steel sector and climate goals. Despite receiving significant subsidies, the company’s backtracking risks long-term industry sustainability.

Synopsis: Epico Klimainnovation report delves into the challenges and opportunities for achieving climate neutrality in the European steel industry, with 15 actionable policy recommendations for decarbonization, focusing on energy access, hydrogen use, and market reforms.

Synopsis: Over the past six months, Europe has ramped up its financial support for the decarbonization of its steel industry. With new projects and subsidies totaling €14.6 billion, the region is making significant strides toward achieving its green goals.

Synopsis: Japan plans to implement mandatory carbon trading starting in 2026, which could raise costs for steelmakers and complicate competition, especially with China. While some view the policy as a catalyst for decarbonization, others worry about its impact on Japan’s steel industry and global market position.

Synopsis: Westview Group plans to build a $750 million steel mill in Brisbane to secure the future supply of reinforcing steel, addressing concerns over reliance on Chinese imports and the instability surrounding key suppliers like Sanjeev Gupta's steel empire.

Synopsis: Outokumpu’s Circle Green® stainless steel solution has helped companies in Europe and Asia reduce over 50,000 metric tons of carbon emissions since its launch. As part of the company's sustainability strategy, Circle Green® offers up to 93% lower carbon footprint compared to conventional steel, with plans for expansion in 2025. The growing demand for green steel reflects industries’ increasing focus on sustainability and climate targets.

Synopsis: DAVID ROL, based in France, has partnered with ArcelorMittal to reduce its carbon footprint by incorporating XCarb® low-carbon steel tubes in its conveyor roller products. This collaboration supports DAVID ROL's commitment to sustainability and aligns with global efforts to reduce CO₂ emissions.

Synopsis: The window for financing green transition projects in heavy industries, including steel and aluminium, is closing. Urgent action is required to meet 2030 emission targets, with major gaps in investment and project financing.

Synopsis: Maybank has expanded its decarbonization targets, focusing on the Steel and Aluminium sectors, and has committed to achieving net-zero emissions by 2050. The bank is committed to driving sustainability in key industries with science-based targets.

Synopsis: Origami Solar partners with Unimacts to establish a steel frame production line in Houston, Texas, revolutionizing the US solar industry with a domestic supply chain.

Synopsis: India's rapidly expanding steel industry, powered predominantly by coal-based blast furnaces, poses a significant obstacle to the country's net-zero carbon emissions target by 2070. Despite ambitious economic and infrastructure goals, experts warn that the country’s coal-driven steel production could result in catastrophic emissions that undermine climate progress.

Synopsis: China is gathering public feedback on new rules for measuring steel industry emissions. These guidelines are part of efforts to prepare steelmakers for the country's expanding carbon market, which aims to cover 70% of emissions by 2030.

Synopsis: Western Australia is poised to lead the world in green iron production, with the potential to reduce global emissions by 1.2% by 2050 and generate billions in economic value. This article explores the findings of a new report, which outlines the pathway for WA to become a global leader in low-emission steelmaking while creating thousands of jobs.

Synopsis: Arthur D. Little highlighted the growing importance of scrap in the transition to green steel production. As European steel mills increase their DRI-EAF capacities, scrap demand is set to surge. However, a new scrap shortage is looming, and Turkey may need to diversify trade routes to navigate these challenges.

Synopsis: The Tata Steel/Port Talbot Transition Board met for the ninth time on November 14, 2024, to discuss vital plans aimed at supporting the local community and transitioning the region's economy. This includes a £13 million Business Start-Up, Growth, and Resilience Fund to help local businesses, Tata Steelworkers, and their families diversify and create new opportunities. The board also received updates on decarbonisation efforts and steel policy changes.

Synopsis: GGRP, Indonesia’s top steel manufacturer, is unveiling its strategy to become Asia’s leader in low-carbon steel production. With a focus on technology, scrap utilization, and export expansion, GGRP is setting a course to meet global sustainability goals while driving profitability.

Synopsis: Brazilian steelmaker Gerdau, in partnership with Newave Energia, will build a solar park in Barro Alto, Brazil. The project, costing $211.7 million, will have a capacity of 452 MWp and reduce the company’s emissions by 65,000 metric tons per year, powering 66% of Gerdau's steel production units with renewable energy.

Synopsis: As the steel industry faces growing pressure to decarbonize, steel scrap has emerged as a critical resource, akin to the "new gold" for producers. With green technologies like electric arc furnaces and direct reduced iron on the rise, scrap steel is set to play a key role in transforming the sector. But as demand for this valuable material grows, securing sufficient scrap is becoming an intense global race. The outcome will have significant implications for the future of sustainable manufacturing, supply chains, and the circular economy.

Synopsis: Greenwave Technology Solutions, a leader in metal recycling across Virginia, North Carolina, and Ohio, has made strategic moves to enhance its market position. The company’s acquisition of key real estate and strong ties with industry leaders position it well for growth as the scrap metal market consolidates.

Synopsis: Tata Motors and Tata International have inaugurated a new vehicle scrapping facility in Pune, with an eco-friendly approach to disassemble 21,000 vehicles annually.

Synopsis: Dragon Steel Corporation’s hot-rolled steel and slabs pass UL 2809 certification, promoting low-carbon and sustainable manufacturing in Taiwan.

Synopsis: CMC is recognized for its exceptional commitment to sustainability, earning a place on Newsweek's prestigious "America's Most Responsible Companies" list for 2025.

Synopsis: This article reviews various carbon capture technologies within heavy industries like steel, cement, petrochemicals, and fertilizers. It evaluates their effectiveness in reducing carbon emissions, comparing their scalability, efficiency, environmental impact, and socio-economic feasibility. Insights are particularly relevant for policymakers in both emerging and developed economies, aiming to drive industrial decarbonization.

Synopsis: China’s real estate and steel sectors unite for low-carbon solutions, aiming to cut emissions and meet climate goals.

Synopsis: The European steel industry is in deep crisis, with production cuts and plant closures. Urgent action is needed to secure its future and green transition, warns EUROFER.

Synopsis: SSAB has been granted SEK 1.45 billion from the EU’s Just Transition Fund and the Swedish Agency for Economic and Regional Growth. This funding will support SSAB’s transition to fossil-free steel production in Luleå, Sweden, reducing carbon emissions and helping the company remain competitive. The project includes the replacement of coal-based systems with electric arc furnaces and is expected to cut Sweden’s CO2 emissions by 7%. The funding is crucial for both SSAB’s operations and Sweden's broader climate goals.

Synopsis: The EU's Carbon Border Adjustment Mechanism is causing concern in poorer countries, with trade barriers potentially hurting their economies while aiming to curb carbon leakage. Similar taxes are under consideration by the UK, Australia, and the US.

Synopsis: Stegra and Uniper sign a long-term electricity supply agreement for a green steel project in Sweden, securing 6 TWh of power over six years.

Synopsis: Hyundai Steel and Hyundai Engineering & Construction have announced a new initiative to integrate carbon-reduced steel and cement into building materials. This strategy aims to reduce carbon emissions in the construction industry by switching to more sustainable materials, with potential for widespread impact in future construction projects.

Synopsis: SSAB and Snop have entered into a long-term partnership to provide fossil-free steel for automotive components. This collaboration will help Snop reduce its CO2 emissions by 30% by 2030 and support the automotive industry in meeting sustainability goals. By leveraging SSAB’s innovative HYBRIT® technology, the partnership promises a greener future for steel production, offering high-quality, low-emission steel for the automotive sector.

Synopsis: At the "Shaping the Steel Strategy" summit, UK Secretary of State Jonathan Reynolds MP outlined the government’s vision to revitalize the steel industry, focusing on innovation, low-carbon methods, and strategic investments.

Synopsis: Outokumpu is investing in a €40 million biocarbon plant in Germany to cut its carbon footprint. The project will help reduce emissions in the company's ferrochrome production process, advancing sustainability in the steel industry.

Synopsis: AZA Aceros, a leading Chilean steel company, has been recognized with the "Impacto Positivo" award by Los Héroes Caja de Compensación for its remarkable achievements in social, environmental, and business sustainability. The award highlights AZA’s initiatives like AZA Contigo, its collaboration with the Base Recycler Network, its support for local entrepreneurship through Colina Emprende, and its commitment to achieving Net Zero emissions.

Synopsis: Ternium, a member of the Techint Group, has been awarded a prestigious recognition by the Argentine Business Council for Sustainable Development. The company was honored for its efforts in contributing to Sustainable Development Goals, particularly in initiatives focused on strengthening public welfare organizations, educational programs, promoting diversity, and supporting sports.

Synopsis: Rio Tinto and Imperial College London launched the Rio Tinto Centre for Future Materials to accelerate the development of sustainable technologies vital for the energy transition.

Synopsis: Lakshmi Mittal, Executive Chairman of ArcelorMittal, emphasizes that clear political decisions by the European Union will determine the future of the steel industry, especially concerning the green transition. The right policies can activate crucial investments and help the industry thrive despite challenges such as overcapacity and rising imports.

Synopsis: The European Commission is contemplating extending steel import restrictions to safeguard its industry during the decarbonization process, amidst rising energy costs and challenges posed by Chinese overcapacity.

Synopsis: Turkey is on track to launch its carbon market, with the pilot phase of its Emissions Trading System set to start in early 2025. The move is part of a broader strategy to reduce emissions and transition to cleaner energy sources while navigating challenges posed by the EU's carbon border adjustment mechanism.

Synopsis: The LIFE H2Reuse project, backed by the EU, seeks to revolutionize the bright annealing process by recovering and reusing hydrogen. Coordinated by DMV, with Tenova as a partner, the initiative aims to reduce emissions and improve energy efficiency in stainless steel and nickel alloy tube production.

Synopsis: Scaw Metals, a leading South African steel producer, has launched its new hot-strip mill complex at its Johannesburg Works, marking a major expansion into flat products. The complex incorporates cutting-edge technologies from Danieli Green Steel, focusing on energy efficiency, reduced emissions, and enhanced product quality. The new mill is set to increase production capacity and support sustainable steel production, with a focus on serving both the Barnes Group’s pipe mills and other industries in sub-Saharan Africa.

Synopsis: Tata Steel awarded SMS group the prestigious "Technology Partner of the Year 2024" title on November 21, 2024, in recognition of their successful collaboration in commissioning key projects at the Kalinganagar site, including Caster 2 and BOF. SMS's partnership extends to Tata Steel’s decarbonization journey, with the development and trial of the EASyMelt technology, aiming to significantly reduce CO2 emissions.

Synopsis: BHP and HBIS Group have signed a new MOU to strengthen their partnership in decarbonizing the steel industry. Building on previous successful projects, the new agreement aims to explore carbon reduction technologies and create scalable solutions that drive sustainability in steel production.

Synopsis: Green & Clean Power has secured $300 million to build a solar-plus-storage project in Osceola, Arkansas, which will support a steel rebar mill and potentially power third-party customers in the future.

Synopsis: Konepeikko Oy, a Finnish recycling services provider, has contracted Primetals Technologies to supply a state-of-the-art torch-cutting machine. This cutting-edge solution, to be installed at Ovako Imatra Oy’s steelworks in Imatra, Finland, will significantly improve scrap processing efficiency. Key benefits include zero dust emissions, reduced noise levels, and enhanced safety. The machine will help Konepeikko meet the growing demand for steel scrap, supporting the transition to green steel production.

Synopsis: Rana Gruber ASA, Norway’s sole iron ore producer, has signed a new contract with contractor HJH to manage the operations of the Stensundtjern open-pit mine. Production, expected to start in late 2025, will significantly boost magnetite output, with a continued focus on high-quality, cost-efficient operations.

Synopsis: The debate at Kallanish Green Steel Strategies in Brussels highlighted the key barriers hindering Europe’s transition to a low-carbon steel industry. Challenges discussed included high energy costs, regulatory uncertainty, supply chain limitations, and the need for clearer green steel definitions. Industry leaders emphasized the urgent need for cohesive policies and infrastructure to support decarbonization efforts.

Synopsis: This article discusses the recent decision by ArcelorMittal to delay its transition to hydrogen-based "green" steel production, amid the EU’s green transition efforts. The article also covers the upcoming visit by the European Commission’s new executive vice-president, Teresa Ribera, to ArcelorMittal’s facilities in Ghent, Belgium.

Synopsis: Bette, a German brand known for high-quality bathroom products, has embraced "green steel" in its designs. This move supports their sustainability goals and reduces their carbon footprint.

Synopsis: The iron and steel industry is one of the largest contributors to global emissions, and with growing demand for steel, decarbonizing the sector is becoming urgent. This paper evaluates the feasibility of financing a green hydrogen-based ironmaking plant in a developing country, focused on exporting green iron to developed markets for steel production. It explores the challenges and potential solutions, including commercial structures and the necessary financial support.

Synopsis: Erdemir, a Turkish steel giant, has outlined a comprehensive $3.2 billion investment plan, marking a significant commitment to the future of sustainable steelmaking. Despite global economic uncertainties, the company remains focused on innovation and environmental transformation, with major projects underway to reduce carbon emissions and improve efficiency in steel production.

Synopsis: This article explores the financing and feasibility of establishing a green hydrogen-based ironmaking plant in a developing country. It focuses on the technical, market, and financial challenges in transitioning to green steel production, with an eye on exporting green iron to developed nations.

Synopsis: EMR Reusable Steels has pioneered the use of ultra-low-carbon steel sections, which offer a 97.5% reduction in carbon emissions compared to traditional steel. The company’s efforts are transforming the construction industry by promoting the reuse of steel from end-of-life buildings in new developments.

Synopsis: Malben Engineering, a leading South African manufacturer of automotive components, has won the prestigious environmental stewardship award for pioneering the use of green steel in collaboration with international partners. This achievement marks a significant step towards sustainability and decarbonization in the local steel and automotive sectors.