Chalybic Chronicle

Niklas Wass Appointed Head of Operations at Stegra, Boden: A New Era in Leadership

Updated on:
Jan 20, 2025
Synopsis: Niklas Wass will join Stegra as Head of Operations in Boden, starting April 1, 2025, bringing over two decades of leadership experience in the stainless steel industry.

Chalybic Chronicle

Germany's Green Steel Dilemma: Habeck vs Merz on the Future of Steel Production

Updated on:
Jan 15, 2025
Synopsis: The future of Germany's steel industry is at a crossroads, with Robert Habeck, the Green Party candidate for Chancellor, advocating for a shift to climate-neutral steel and hydrogen production, while Friedrich Merz, CDU/CSU’s candidate for Chancellor, questions the feasibility of such a rapid transformation. This debate is crucial to Germany’s industrial future, with job security, economic growth, and national competitiveness at stake.

Chalybic Chronicle

Navigating the Shifting Climate Tapestry: Analyzing 2024's Warming Trends & Temperature Anomalies

Updated on:
Jan 13, 2025
Synopsis: This article dives deep into the intricacies of global temperature records, focusing on the warming trends observed from 1850 through 2024. It highlights challenges in baseline adjustments, differences between surface and satellite-based temperature records, and the complexities of estimating temperature anomalies, especially with pre-industrial baselines.

Chalybic Chronicle

MIT: The World’s First Industrial-Scale Plant Promises a Carbon-Free Future

Updated on:
Jan 10, 2025
Synopsis: Stegra, a Swedish startup, is constructing the world’s first industrial-scale plant dedicated to green steel production, a cleaner alternative to traditional steelmaking that promises to significantly cut carbon emissions. With steel production accounting for around 8% of global carbon emissions, this breakthrough could be pivotal in the fight against climate change, with major implications for the steel industry and global sustainability efforts.

Chalybic Chronicle

China’s Steel Industry: Low-Carbon Transformation Meets New Energy Demands

Updated on:
Jan 10, 2025
Synopsis: China’s steel industry is adapting to a phase of reduced output and optimized capacity. While steel demand in traditional sectors like construction is declining, industries like new energy, high-end equipment manufacturing, and photovoltaics are driving growth. Technological upgrades and low-carbon practices have become central to the industry’s development, with a focus on increasing manufacturing demand and sustainability.

Chalybic Chronicle

Sparc Hydrogen: Advancing Green Hydrogen Production with Breakthrough Photocatalytic Water Splitting Technology

Updated on:
Jan 10, 2025
Synopsis: Sparc Technologies, in collaboration with Fortescue Limited and the University of Adelaide, is progressing to Stage 2 of their joint venture focused on the production of low-cost green hydrogen through an innovative technology called photocatalytic water splitting. This advanced technology eliminates the need for renewable electricity and costly electrolyzers, offering a revolutionary solution to the challenges facing the green hydrogen industry. The Stage 2 activities will include the construction of a pilot plant, expected to be operational by mid-2025, to demonstrate the technology’s capabilities under real-world conditions.

Chalybic Chronicle

Solar Steel's Groundbreaking 2P Solar Tracker Project to Boost Clean Energy in Spain

Updated on:
Jan 10, 2025
Synopsis: Solar Steel has announced a deal to supply 27MW of its advanced 2P solar trackers, TracSmarT+2P Compact, for Spain’s first project using this technology. The solar park, set to be operational by 2025, will support over 40,000 solar modules, prevent 13,000 metric tons of CO2 emissions annually, and create a significant local economic impact.

Chalybic Chronicle

Fortescue & Baowu Steel Forge Green Iron Partnership to Decarbonize Global Steel Industry

Updated on:
Jan 9, 2025
Synopsis: Australia’s Fortescue Metals Group has entered into a partnership with China Baowu Steel, the world’s largest steelmaker, to advance green iron technology. This collaboration aims to tackle challenges in decarbonizing the global steel industry, with Fortescue’s green iron project in Western Australia leading the charge.

Chalybic Chronicle

Marubeni Invests in Altilium's EV Battery Recycling Expansion to Strengthen Supply Chains

Updated on:
Jan 9, 2025
Synopsis: Marubeni, a Japanese trading company, has invested $5 million into British EV battery recycler Altilium as part of its Series B funding round. This investment follows a prior Series A funding from SQM, emphasizing the growing importance of recycling critical minerals like lithium and cobalt amidst rising electric vehicle sales. Altilium, aiming to process 24,000 EV battery packs annually by 2026, is helping reduce dependency on China for these essential materials.

Chalybic Chronicle

Swiss Steel Group Introduces 11SMn30+BX: Pioneering Lead-Free Steel for a Sustainable Future

Updated on:
Jan 9, 2025
Synopsis: The Swiss Steel Group has unveiled its groundbreaking lead-free machinable steel, 11SMn30+BX, which replaces lead with boron to meet the growing demand for environmentally friendly industrial solutions. This innovation highlights the group’s commitment to sustainability, precision, and efficiency in steel production.

Chalybic Chronicle

Vale & GreenIron Forge Partnership to Decarbonize Mining & Metals with Innovative Technology

Updated on:
Jan 8, 2025
Synopsis: Vale and GreenIron have signed an MOU to collaborate on decarbonization initiatives in Brazil and Sweden. The two companies will explore the feasibility of developing a direct reduction facility in Brazil, while also collaborating on supplying iron ore for GreenIron's operations in Sweden. This partnership focuses on using green hydrogen and other sustainable technologies to reduce the environmental impact of the steelmaking process.

Chalybic Chronicle

GEM: India’s Steel Sector: Why the 'Build Now, Decarbonize Later' Strategy is a High-Stakes Gamble

Updated on:
Jan 6, 2025
Synopsis: Global Energy Monitor in a recent research note says that India’s rapidly growing steel sector, poised to lead global production, faces immense challenges in aligning its growth with its net-zero commitments. The nation's heavy reliance on coal-based production routes, especially in blast furnaces and direct reduced iron technology, not only locks in high carbon emissions but also risks creating stranded assets. By adopting a 'build now, decarbonize later' approach, India misses the opportunity to develop steelmaking infrastructure that could position the country as a global leader in green steel, ultimately risking billions in lost investments due to future technological obsolescence and missed decarbonization goals.

Chalybic Chronicle

MIT: A Groundbreaking Hydrogen Revolution to Decarbonize Steelmaking

Updated on:
Jan 6, 2025
Synopsis: MIT in a recent releases says that steelmaking, a critical but carbon-heavy industry, is undergoing a revolutionary change. Several companies, including Stegra, are leading efforts to transition from conventional coal-based methods to green hydrogen-powered steel production. These innovations could significantly reduce steel's environmental footprint. Stegra’s upcoming plant in Boden, Sweden, set to launch in 2026, aims to produce 4.5 million metric tons of green steel annually using hydrogen created from renewable energy sources like wind and hydropower. The goal is to show that steel can be made without massive CO₂ emissions, paving the way for a greener industrial future.

Chalybic Chronicle

Maghreb Steel Embarks on Groundbreaking Green Steel Project in Morocco

Updated on:
Jan 6, 2025
Synopsis: Maghreb Steel, Morocco's leading flat steel producer, has announced a groundbreaking project to produce green steel using hydrogen technology at its Casablanca plant. The initiative, costing 1 billion dirhams, aims to meet rising demand from the automotive and home appliance industries while significantly reducing carbon emissions.

Chalybic Chronicle

Green Hydrogen Costs Skyrocket Beyond Expectations, Stalling Projects and Industry Growth

Updated on:
Jan 6, 2025
Synopsis: The anticipated drop in green hydrogen production costs has failed to materialize in 2024, causing multiple projects to be abandoned or delayed. The industry is facing major setbacks due to the unexpectedly high production costs of green hydrogen, which remains significantly more expensive than hydrogen produced from natural gas. Analysts suggest that government subsidies or incentives are necessary for the viability of green hydrogen in hard-to-decarbonize sectors, such as chemicals, steel, and energy.

Chalybic Chronicle

Algoma Steel Accelerates Strategic Transformation with EAF Cold Commissioning

Updated on:
Jan 3, 2025
Synopsis: Algoma Steel's Electric Arc Furnace project has reached a major milestone with the commencement of cold commissioning, despite setbacks from severe snowfall, keeping its first steel production on track for Q1 2025.

Chalybic Chronicle

Turkey’s Steel Industry: Green Transition & Challenges Amid EU Carbon Border Adjustments

Updated on:
Dec 19, 2024
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.

Chalybic Chronicle

Green Steel Demand in Europe: Regional Disparities & Rising Premiums for Low-Emission Steel

Updated on:
Dec 14, 2024
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.

Chalybic Chronicle

Investigation Launched After Roof Collapse at Algoma Steel's EAF Construction Site

Updated on:
Dec 12, 2024
Synopsis: Ontario’s labour ministry is looking into a roof collapse at Algoma Steel, which occurred due to heavy snow but caused no injuries.

Chalybic Chronicle

ARENA's 2023-24 Funding Surge: Nearly A$400 Million for Renewable Energy Projects

Updated on:
Dec 12, 2024
Synopsis: ARENA has committed almost A$400 million to renewable energy projects in 2023-24.

Chalybic Chronicle

Debating Hydrogen Imports: Are Alternatives the Key to Germany's Energy Future?

Updated on:
Dec 12, 2024
Synopsis: Researchers caution that relying on hydrogen for energy-intensive industries in Germany may be inefficient and costly, suggesting alternatives instead.

Chalybic Chronicle

Government Must Invest in British Steel: A Call for Action to Protect Jobs

Updated on:
Dec 12, 2024
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.

Chalybic Chronicle

Steel Dynamics Earns 2024 Sustainability Award from Norfolk Southern

Updated on:
Dec 12, 2024
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.

Chalybic Chronicle

Fast Charging Revolutionizes Iron Ore Mining: ARENA's $10 Million Boost

Updated on:
Dec 12, 2024
Synopsis: ARENA has granted A$10 million to Fortescue for fast chargers in mining.

Chalybic Chronicle

Oman & Belgium Unite to Propel Green Hydrogen Initiatives Forward

Updated on:
Dec 12, 2024
Synopsis: Oman and Belgium are enhancing their cooperation in green hydrogen production, transportation, and utilization through a new agreement.

Chalybic Chronicle

World Bank Greenlights $660 Million for Turkey's Sustainable Railway Expansion

Updated on:
Dec 12, 2024
Synopsis: The World Bank has approved $660 million to expand Turkey’s low-carbon railway network, enhancing efficiency and sustainability.

Chalybic Chronicle

ArcelorMittal’s Green Setbacks: A Major Blow to EU’s Steel Industry and Climate Goals

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

EPICO: Pathways to Climate Neutrality: Transforming EU Steelmaking Amidst Challenges

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

Europe Boosts Steel Decarbonization with €14.6 Billion in Grants to Green Transition

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

Japan's Carbon Trading Mandate: Implications for Steelmakers & Global Competitiveness

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

Westview’s $750 Million Steel Mill in Brisbane Amid Gupta’s Struggles

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

Outokumpu Circle Green®: Transforming Steel Production with Over 50,000 Metric Ton CO₂ Reduction

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

DAVID ROL & ArcelorMittal Partner for Sustainable Future with XCarb® Steel Tubes

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

Urgent Call for Green Investment as Steel & Aluminium Projects Face Deadline Risks

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

Maybank Leads Decarbonization Efforts in Steel & Aluminium, Sets Ambitious Net-Zero Goals

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

Origami Solar Expands US Manufacturing of Steel Solar Frames with Unimacts in Texas

Updated on:
Dec 11, 2024
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.

Chalybic Chronicle

India's Coal-Powered Steel Expansion: A Serious Challenge to Net-Zero Emissions by 2070

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

China Seeks Input on Steel Emissions Reporting to Expand Carbon Market Scope

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

Western Australia's Green Iron Industry: A Game-Changer for Global Emission Reduction & Economic Growth

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

Green Steel Investment to Boost Scrap Demand, Creating Supply Challenges for Europe & Turkey

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

Tata Steel Port Talbot Transition Board: Key Developments & Supportive Measures for Local Economy

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

GGRP Reveals Ambitious Roadmap to Lead Asia’s Low-Carbon Steel Revolution

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

Gerdau to Build Major Solar Park in Brazil to Power Steel Production with Renewable Energy

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

Is Steel Scrap the New Gold? The Global Scramble for Sustainability in Steel Production

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

Greenwave Technology Solutions Poised for Strategic Expansion in US Scrap Metal Industry

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

Tata Motors Launches State-of-the-Art Vehicle Scrapping Facility for Sustainable Recycling

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

Dragon Steel Achieves Recycled Content Validation for Low-Carbon Steel Production

Updated on:
Dec 10, 2024
Synopsis: Dragon Steel Corporation’s hot-rolled steel and slabs pass UL 2809 certification, promoting low-carbon and sustainable manufacturing in Taiwan.

Chalybic Chronicle

CMC’s Sustainability Triumph: Leading the Way in Responsible Corporate Practices for 2025

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

Comparative Assessment of CCS in Steel, Cement, Petrochemical, & Fertilizer Sectors for Sustainable Industry Transformation

Updated on:
Dec 10, 2024
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.

Chalybic Chronicle

China’s Bold Steel Emissions Commitment: A Collaboration for Low-Carbon Real Estate

Updated on:
Dec 9, 2024
Synopsis: China’s real estate and steel sectors unite for low-carbon solutions, aiming to cut emissions and meet climate goals.

Chalybic Chronicle

EU Steel Industry Faces Critical Decline Without Urgent Action on Green Transition

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

EU & Swedish Grant Boosts SSAB's Journey to Fossil-Free Steel Production

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

Global Border Taxes on Carbon Emissions Stir Trade Tensions and Economic Concerns

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

Stegra & Uniper Forge 6 TWh Power Deal for Green Steel Production in Boden

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

Hyundai Steel & Engineering Pioneer Carbon-Reduced Building Model for Sustainable Construction

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

SSAB & Snop Forge Strategic Alliance to Revolutionize Fossil-Free Steel for Automotive Industry

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

UK Government Pledges Bold Vision to Revitalize Steel Industry with Innovation and Sustainability

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

Outokumpu’s €40 Million Biocarbon Plant to Slash Emissions in Stainless Steel Production

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

AZA Aceros Receives "Impacto Positivo" Award for Sustainability Efforts in Chile

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

Ternium Recognized by Argentine Business Council for Sustainable Development Efforts

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

Rio Tinto and Imperial College Unveil $150 Million Centre to Drive Future Material Innovations

Updated on:
Dec 9, 2024
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.

Chalybic Chronicle

Europe’s Green Transition in Steel Industry: Lakshmi Mittal Urges Policy Clarity for Investments

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

EU Considers Extending Steel Import Restrictions to Protect Green Transition & Industry

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

Turkey's Emission Trading System to Launch Pilot Phase in 2025: A Step Towards Greener Future

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

Tenova Partners in EU’s LIFE H2Reuse to Decarbonize Steel Production with Hydrogen Recovery

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

Scaw Metals Unveils Advanced Hot-Strip Mill Complex: A Leap Towards Green Steel Production

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

Tata Steel Names SMS Group "Technology Partner of the Year 2024" for Innovation & Sustainability

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

BHP & HBIS Forge Stronger Ties to Decarbonize Steelmaking Value Chain

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

Green & Clean Power Secures $300M for Solar-Storage Project at Arkansas Steel Mill

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

Konepeikko Orders Advanced Scrap Cutting Machine to Boost Recycling Efficiency and Sustainability

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

Rana Gruber Partners with HJH for Magnetite-Rich Stensundtjern Mine Expansion

Updated on:
Dec 5, 2024
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.

Chalybic Chronicle

Green Steel Strategies in Europe: Overcoming Challenges for a Decarbonised Future

Updated on:
Dec 4, 2024
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.

Chalybic Chronicle

ArcelorMittal’s Green Steel Shift: Challenges & Opportunities Amid EU Transition

Updated on:
Dec 4, 2024
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.

Chalybic Chronicle

Bette's Green Steel Revolution: Pioneering Carbon-Neutral Innovation in Bathrooms

Updated on:
Dec 4, 2024
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.

Chalybic Chronicle

Financing Green Steel: Overcoming Challenges in Hydrogen-Based Ironmaking for Emerging Markets

Updated on:
Dec 4, 2024
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.

Chalybic Chronicle

Erdemir’s $3.2 Billion Green Transformation Plan: A Bold Step Toward Sustainable Steel Production

Updated on:
Dec 4, 2024
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.

Chalybic Chronicle

SEI: Financing Green Hydrogen-Based Ironmaking in Emerging Markets: A Pathway to Sustainable Steel

Updated on:
Dec 4, 2024
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.

Chalybic Chronicle

EMR Reusable Steels Champions Carbon Reduction with Revolutionary Recycled Steel Technology

Updated on:
Dec 4, 2024
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.

Chalybic Chronicle

Malben Engineering Triumphs with Green Steel Trial, Wins Environmental Stewardship Award

Updated on:
Dec 4, 2024
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.

Chalybic Chronicle

Reviving Ukraine's Economy: Steel Industry as a Symbol of Renewal, Povazhnyi's Vision

Updated on:
Dec 4, 2024
Synopsis: Oleksandr Povazhnyi, Rector of Metinvest Polytechnic, emphasizes that Ukraine’s iron and steel sector has the potential to become the cornerstone of the nation's economic revival, with a focus on innovation, education, and sustainability.

Chalybic Chronicle

DESSERT Project: Pioneering Hydrogen Storage for Sustainable Energy Solutions

Updated on:
Dec 4, 2024
Synopsis: The DESSERT project, which aims to advance hydrogen storage technology using innovative stainless steel pipes, has launched with support from the EU's Research Fund for Coal and Steel. The project will contribute significantly to hydrogen as a sustainable energy source.

Chalybic Chronicle

Green Steel's Promises & Pitfalls: Ship Recycling, Environmental Concerns, & Industry Shifts"

Updated on:
Dec 2, 2024
Synopsis: The push for green steel is growing, but the environmental impact of ship recycling in countries like India, Pakistan, and Bangladesh complicates the promise of sustainable steel production.

Chalybic Chronicle

Aceros Arequipa Wins ESG Sustainability Award for Innovative Metal Recovery Project

Updated on:
Dec 2, 2024
Synopsis: Aceros Arequipa has been awarded the "ESG Sustainability Award" in the Environmental category and was a finalist in the Responsible Production and Consumption category at the III ESG Awards by Semana Económica. The recognition highlights the company’s groundbreaking project on Non-Ferrous Metal Recovery, which has significantly optimized operations and generated substantial revenue.

Chalybic Chronicle

COP16 in Riyadh: Groundbreaking Summit for Global Action on Desertification, Drought, & Land Restoration

Updated on:
Dec 2, 2024
Synopsis: COP16, hosted in Saudi Arabia from December 2-13, 2024, aims to address global land degradation, desertification, and drought through multilateral efforts, innovative solutions, and international collaboration.

Chalybic Chronicle

COP29 in Crisis: Fossil Fuel Interests Derail Global Climate Ambitions

Updated on:
Dec 2, 2024
Synopsis: COP29's talks falter, with oil-producing nations accused of weakening the climate deal on fossil fuels.

Chalybic Chronicle

Global Plastic Treaty Talks Stumble as Oil-Dependent Nations Block Crucial Cuts

Updated on:
Dec 2, 2024
Synopsis: Talks to combat plastic pollution collapse due to divisions between high-ambition countries and oil-producing nations. The delay risks further environmental damage.

Chalybic Chronicle

Activists Stand Strong at Plastics Treaty Talks, Demand Action Against Plastic Pollution

Updated on:
Dec 2, 2024
Synopsis: Greenpeace activists are protesting to demand stronger commitments to reduce plastic production at the ongoing UN plastics treaty negotiations in South Korea.

Chalybic Chronicle

Greenpeace Activists Challenge Petrochemical Giants at Final Global Plastics Talks in Busan

Updated on:
Dec 2, 2024
Synopsis: Greenpeace activists have boarded a tanker in South Korea, calling on world leaders to curb plastic production at UN treaty talks.

Chalybic Chronicle

Unveiling Carbon Emissions & Footprints: Frameworks for Sustainable Transport Solutions

Updated on:
Dec 2, 2024
Synopsis: A study explores the confusion between carbon emissions and carbon footprints in transportation, highlighting the need for clear definitions and standardized methods for measuring these critical environmental impacts in the drive for decarbonization.

Chalybic Chronicle

Surging Global Heatwaves: Unpredictable Hotspots of Extreme Warming Threaten the World

Updated on:
Dec 2, 2024
Synopsis: As climate change accelerates, some regions are experiencing heatwaves far more extreme than predicted. These hotspots, showing rapid warming, are becoming increasingly dangerous. Scientists are still unsure of all the causes, but the results are clear: severe health, agricultural, and infrastructure challenges are on the horizon.

Chalybic Chronicle

The Rising Tide: Unraveling the Global Surge in Flooding Linked to Climate Change

Updated on:
Dec 2, 2024
Synopsis: Climate change is increasing flood risks globally, with events like Storm Bert causing widespread devastation. As the atmosphere warms, more extreme weather events, like intense rainfall and flooding, are becoming more common. The failures in infrastructure and lack of preparedness amplify the dangers.

Chalybic Chronicle

Arctic Meltdown Triggers Accelerated Ocean Shifts, Amplifying Climate Turmoil

Updated on:
Dec 2, 2024
Synopsis: Recent research reveals how the accelerated melting of Arctic ice is destabilizing the Atlantic Meridional Overturning Circulation. This ocean current system, essential for regulating global climate patterns, is weakening, which may cause drastic shifts in weather and ecosystems around the world.

Chalybic Chronicle

Rising Tides & Groundwater Risks: Southeastern US Faces Growing Coastal Hazards

Updated on:
Dec 2, 2024
Synopsis: A new study predicts that by 2100, up to 70% of residents in southeastern US coastal communities will face daily exposure to shallow groundwater, compounding other climate hazards such as flooding, erosion, and subsidence.

Chalybic Chronicle

Rising Acid Seas: Deepening Ocean Acidification as CO₂ Emissions Escalate

Updated on:
Dec 2, 2024
Synopsis: A new model shows how increasing CO₂ emissions are causing ocean acidification to penetrate deeper into the oceans, affecting marine life. This acidification is harming species like corals and pteropods, whose survival depends on more alkaline waters.

Chalybic Chronicle

Baosteel's Green Revolution: BeyondECO-30% Hot-Rolled Products Mark a New Era in Low-Carbon Steel

Updated on:
Nov 30, 2024
Synopsis: Baosteel has made a major breakthrough in green steel technology by successfully delivering the first batch of BeyondECO-30% hot-rolled low-carbon emission products. This achievement highlights Baosteel's commitment to sustainability and its leadership in the steel industry's low-carbon transformation.

Chalybic Chronicle

Sluggish Demand for Green Steel in Europe Amid Economic Slowdown & Market Challenges

Updated on:
Nov 30, 2024
Synopsis: In late November 2024, the green steel market in Europe showed weak demand, with many industry players delaying purchases due to economic headwinds, particularly in key sectors like automotive and construction. The market for decarbonized steel, which has higher premiums due to lower carbon emissions, has been slow to pick up, even as steelmakers face challenges in pushing price increases for conventional steel.

Chalybic Chronicle

Pioneering Green Transformation: First Summit on Low-Carbon Development in Metallurgical Mines

Updated on:
Nov 30, 2024
Synopsis: The inaugural summit on green, low-carbon, and high-quality development of metallurgical mines was held to discuss the future of the industry in line with the national dual carbon strategy. Baowu Resources, as a leader in green metallurgy, unveiled new projects and research to support a low-carbon steel supply chain.

Chalybic Chronicle

Green Steel Premiums: Navigating Uncertainty & Market Demand in the Evolving Industry

Updated on:
Nov 30, 2024
Synopsis: Green steel premiums are gaining traction in some sectors, but achieving widespread adoption will require clearer regulations, defined standards, and greater supply. Industry leaders discussed these challenges at the Kallanish Green Steel Strategies event in Brussels, pointing to growing demand but highlighting obstacles that hinder the industry's full potential.

Chalybic Chronicle

Tata Steel's Green Shift: Over 80% of Steel Transport Now CO₂-Free with DB Cargo

Updated on:
Nov 30, 2024
Synopsis: Tata Steel Nederland and Deutsche Bahn Cargo have reached a significant milestone in reducing CO₂ emissions. By transporting steel coils via train powered by green electricity, over 80% of their steel transport by rail is now CO₂-free. This move is part of Tata Steel's ongoing commitment to sustainability and greener logistics.

Chalybic Chronicle

ArcelorMittal’s Sustainable Rail Solutions: Leading the Charge for Green Transport

Updated on:
Nov 30, 2024
Synopsis: ArcelorMittal is committed to helping decarbonize the transport sector, with a focus on sustainable rail solutions. Through innovations like electric arc furnaces and a strong emphasis on recycling, ArcelorMittal is playing a key role in reducing the environmental impact of rail transportation.