Synopsis: The UK steel industry significantly contributes to greenhouse gas emissions. Major firms like Tata Steel and British Steel are transitioning to electric arc furnaces to reduce their carbon footprint. This shift raises concerns about job losses and the future of primary steel production.

Synopsis: The VELUX Group has signed a 10-year agreement with ArcelorMittal to supply low carbon-emission steel for its roof windows. This collaboration aims to reduce carbon emissions by up to 70% compared to traditional steel.

Synopsis: The Senedd, Wales' parliament, is discussing support for communities impacted by Tata Steel job losses at the Port Talbot plant. The Welsh government is allocating £100 million for local investments and skills development.

Synopsis: Taiwanese industry leaders advocate for a domestic version of the Carbon Border Adjustment Mechanism to protect local businesses from carbon-heavy imports, aligning with global standards.

Synopsis: Ukrainian companies are struggling with the complexities of the Carbon Border Adjustment Mechanism reporting. Firms like those in the Federation of Employers of Ukraine are seeking support as they adapt to new requirements.

Synopsis: Fortescue Future Industries is advancing its green hydrogen project in Brazil's Ceará state, aiming to establish a major production hub and create thousands of jobs.

Synopsis: India is set to launch a national green steel mission by December 2024, with a clear definition for green steel expected by October. The initiative aims to boost sustainable steel production, with potential funding from unutilized resources in the specialty steel scheme.

Synopsis: On October 11, Dillinger and its subsidiary ROGESA signed contracts with Primetals Technologies for a new decarbonization project, which includes a Direct Reduced Iron plant and an EAF Ultimate electric arc furnace. This initiative aims to reduce CO₂ emissions significantly, with support from Midrex Technologies, marking a major step towards sustainable steel production.

Synopsis: ArcelorMittal has successfully re-certified its Belval and Differdange plants under the ResponsibleSteel standard, showcasing its dedication to sustainable steel production.

Synopsis: Chalibria, a carbon-neutral steel initiative by AFV Beltrame Group, received the PHOENIX Sustainability Award at the recent Steel Alliance Meeting, emphasizing its commitment to decarbonization and sustainable practices in the steel industry.

Synopsis: In 1974, Dr. Jürgen Philipp became the first environmental protection officer at August Thyssen-Hütte AG, marking a significant step towards sustainable practices in the steel industry. Today, thyssenkrupp Steel invests around 350 million euros annually in environmental initiatives.

Synopsis: Tata Steel UK, a leading steel producer, is committed to greener steelmaking. Recently, MP Sureena Brackenridge toured the Steelpark facility, highlighting the potential for local talent and sustainability.

Synopsis: Masteel showcased groundbreaking products, including the world's first low-carbon wheels, at the InnoTrans 2024 exhibition in Berlin. This event featured over 2,900 companies, highlighting the future of rail technology and sustainable practices.

Synopsis: ArcelorMittal Tubular Products Roman has received hydrogen-ready certification for its seamless steel pipes, crucial for the energy transition. This certification enables transport of hydrogen, aiding sustainability efforts.

Synopsis: Freudenberg Sealing Technologies is exploring sustainable materials to reduce its carbon footprint. By researching bio-based options and alternative production methods, the company aims to enhance eco-friendliness in its seal manufacturing process.

Synopsis: Steel slag, a by-product from steel production, is increasingly utilized in the concrete and cement industries to lower carbon emissions. However, as the steel industry focuses on reducing its own carbon footprint, the availability of steel slag may decline, impacting future sustainability efforts.

Synopsis: thyssenkrupp has won a significant engineering contract to implement cutting-edge carbon capture technology for TITAN Group's cement plant in Greece, aiming to reduce CO₂ emissions by 1.9 million metric tons annually.

Synopsis: China is poised to become a leader in green steel production by 2030, leveraging its advantages in renewable energy and hydrogen technology.

Synopsis: ArcelorMittal, along with swb and EWE, is advancing the HyBit hydrogen project in Bremen, Germany, aimed at reducing CO2 emissions in steel production.

Synopsis: SMS Group collaborates with Saarstahl to build an advanced electric arc furnace aimed at achieving carbon neutrality by 2045, representing a significant step in sustainable steel production.

Synopsis: Turkey's İçdaş Çelik Enerji Tersane ve Ulaşım is moving forward with a solar power plant project in Kütahya, with an investment of $24.84 million. This initiative aims to enhance sustainability in energy consumption for its production facilities.

Synopsis: A recent report by the Climate Bonds Initiative discusses the urgent need for investment in low-carbon steelmaking technologies in China. With 78% of existing coal-based blast furnace capacity requiring reinvestment by 2030, the report highlights strategies for mobilizing the necessary capital, estimated at $220 billion, to align with climate goals.

Synopsis: JSW Steel, a leading steel company in India, has partnered with BHP and Carbon Clean to explore the deployment of Carbon Clean's CycloneCC technology for capturing CO₂ emissions. This collaboration aims to significantly reduce carbon emissions in steelmaking, contributing to India's sustainability goals.

Synopsis: Steel Dynamics has announced new science-based greenhouse gas emissions intensity targets for its steel mills, aligning with the Paris Agreement. The company aims for a significant reduction in emissions by 2030 and 2050.

Synopsis: Tata Steel and Lindab have signed a memorandum of understanding to produce Zeremis® green steel, highlighting a shift toward hydrogen-based steel production for sustainability.

Synopsis: Suzlon Group has signed a landmark agreement with Jindal Renewables Power to install a 400 MW wind power project. This initiative aims to decarbonize steel production, marking a significant step in India's transition to renewable energy.

Synopsis: NBCC (India) Ltd has secured a ₹198 crore order from SAIL for a rooftop solar system at the Bokaro Steel Plant in Jharkhand. This project underscores the collaboration between public sector units and the push for renewable energy.

Synopsis: A group of residents in Northwest Indiana has graduated from the Sustainable Steel Community Cohort program, advocating for cleaner steel production. Sponsored by Industrial Labs, this initiative focuses on reducing pollution in the region’s steel industry.

Synopsis: Petrobras and Ternium have entered a contract to supply natural gas in Rio de Janeiro's free market. This partnership aims to enhance competitiveness and foster sustainability in the steel sector.

Synopsis: Local MP Alex Mayer visited Balguard Engineering, a Leighton Buzzard steel company, to discuss its involvement in the "SteelZero" initiative, aiming for 100% net zero steel by 2050. Managing Director Benjamin Woodhouse emphasized the need for government support in promoting sustainable steel production.

Synopsis: At the SteelOrbis Italy Forum 2024, Tayfun Kocabas, Erdemir's Director of Operational Excellence, outlined the company's roadmap for achieving net zero emissions by 2050. This plan includes a 25% reduction in carbon emissions by 2030 and 40% by 2040, focusing on technological advancements and significant investments in renewable energy sources.

Synopsis: BHP's new Climate Transition Action Plan has been criticized for failing to keep pace with competitors in steel technology advancements. The focus on carbon capture may hinder progress, as peers shift toward low-carbon steelmaking solutions.

Synopsis: Romanian company Artrom, part of the Serbian investment bank Hefestos, has begun utilizing certified green energy for steel production. This initiative aims to reduce carbon emissions and enhance sustainability.

Synopsis: Tata Steel Limited has partnered with the Council of Scientific & Industrial Research to focus on Carbon Capture, Utilization, and Storage technologies aimed at reducing carbon emissions in steel production.

Synopsis: Steel for Packaging Europe aims to enhance recycling rates and promote circularity in the steel packaging sector from 2024 to 2029. The association advocates for increased landfill taxes to discourage waste and boost recycling efforts.

Synopsis: At the SteelOrbis Italy Forum 2024, Antonio Gozzi of Federacciai discussed challenges facing the European steel industry, emphasizing that decarbonization could lead to deindustrialization. He highlighted the critical role of integrated steel mills and the need for cost-benefit analyses in green policies.

Synopsis: At the SteelOrbis Italy Forum 2024, Raffaele Ruella from AFV Beltrame Group highlighted the company's commitment to sustainability and decarbonization, detailing their strategies for reducing carbon emissions and integrating eco-friendly practices into operations.

Synopsis: At the SteelOrbis Italy Forum 2024, industry leaders like Cinzia Vezzosi and Paolo Sangoi emphasized the importance of collaboration in the steel supply chain. They discussed the Green Deal, the significance of recycled steel, and the challenges posed by global economic factors.

Synopsis: Hyundai Steel is expanding its global reach by signing memorandums of understanding in Europe and forming partnerships in Asia, focusing on low-carbon steel production and offshore wind energy. The steelmaker aims to meet growing demands for sustainable materials and capitalize on the emerging offshore wind market.

Synopsis: ThyssenKrupp, a major industrial group in Germany, is reconsidering its ambitious green steel project aimed at producing climate-neutral steel using hydrogen. The company’s management, led by CEO Miguel Lopez, is reviewing the future of this multi-billion euro initiative, which has received substantial government support. Potential scenarios include halting the project entirely, raising concerns about its viability and the commitment to sustainable steel production.

Synopsis: The Steel Authority of India Limited (SAIL), India's largest government-owned steel producer, and BHP, a leading global resources company, have signed a Memorandum of Understanding (MoU) to collaborate on decarbonising steel production. This partnership aims to explore lower carbon steelmaking technologies for the blast furnace route in India, focusing on reducing greenhouse gas emissions.

Synopsis: Fastmarkets has launched a new green long steel differential for steel reinforcing bar imports, cfr Singapore, aimed at promoting environmentally friendly steel production. This initiative targets steelmakers who achieve low carbon emissions, specifically 0-600 kg of CO₂ per metric ton of steel. The new pricing structure will support the growing demand for sustainable construction materials in Asia.

Synopsis: Sidenor is committed to sustainable steel manufacturing by integrating ecoke, a bio-based alternative to traditional fossil fuels. This shift aims to reduce CO₂ emissions significantly while maintaining production efficiency. Sidenor’s efforts, in collaboration with Invica Industries, mark a major step towards environmental responsibility in the steel industry.

Synopsis: Tata Steel Netherlands is responding to a report from the Health Expert Group IJmond regarding emissions and health in the IJmond area. The company aims to enhance transparency and reduce environmental impact while integrating health into its Green Steel initiatives. Tata Steel is committed to collaborating with local authorities and experts to ensure the well-being of its employees and residents.

Synopsis: Nippon Steel Corporation has received three new SuMPO EPD certifications for its hot extruded steel shape products, promoting carbon neutrality. These certifications enhance the environmental credibility of Nippon Steel’s offerings, catering to a wide range of industries, from logistics to semiconductor manufacturing.

Synopsis: The India Net Zero Steel Forum gathered key players in the steel sector, including firms like Mahindra and various automotive manufacturers, to discuss strategies for low-emission steel production. The Forum focused on sustainable policies, demand for green steel, and advancements in low-carbon technologies.

Synopsis: SSAB, a global specialized steel company, has selected AFRY as the main engineering partner for its fossil-free steel mini-mill project in Luleå, Sweden. AFRY will handle both basic and detailed engineering services from 2024 to 2026.

Synopsis: Sidenor is participating in the European CITADEL project to explore electrification in steel production, aiming to reduce reliance on natural gas and decrease carbon emissions. The project focuses on innovative technologies to enhance energy efficiency and sustainability in steel manufacturing.

Synopsis: Thyssen-Krupp, a major German industrial company, is reconsidering its plans to switch its steel production to green hydrogen. This comes amid challenges faced by other industries, like Volkswagen. A recent study shows that only 2% of announced green hydrogen projects in Europe have progressed. With high costs and low demand, the future of hydrogen as a solution for steel production remains uncertain.

Synopsis: ArcelorMittal showcased its sustainable steel solutions at the 41st German Steel Construction Day in Lindau on September 26-27, 2024. The event highlighted the company's commitment to reducing CO₂ emissions and promoting circular building practices.

Synopsis: A major Auckland metal recycler plans to invest “hundreds of millions” of dollars into a green steel-making plant in Waikato, which has been included in the Government’s fast track list. The project, led by National Green Steel and its director Vipan Garg, aims to create a state-of-the-art facility using recycled scrap steel, employing up to 200 staff. The initiative promises to reduce CO₂ emissions significantly compared to traditional steel production methods, contributing to regional economic development and addressing climate change.

Synopsis: Origin Energy, an Australia-based energy company, has announced its withdrawal from the Hunter Valley Hydrogen Hub project in New South Wales. The decision follows concerns about market uncertainty and the slow pace of hydrogen development. Originally launched in early 2022, the project was intended to be a key player in Australia's hydrogen landscape, with plans for a significant electrolyser capacity.

Synopsis: Novelis, a leading flat-rolled aluminium producer and significant recycler, has chosen Danieli for its new greenfield complex in Bay Minette, Alabama. This facility aims to produce 1 million metric tons of advanced aluminium alloys annually, focusing on applications in can stock and the automotive industry.

Synopsis: European industrial conglomerates are actively seeking low-carbon steel sources as the sector grapples with production declines and stringent climate goals. Major firms like ArcelorMittal, Tata Steel Europe, and innovative startups such as H2 Green Steel are at the forefront of this transformation. Steel users are demonstrating willingness to pay significant premiums for low-carbon steel, driving industry-wide changes and reshaping the future of European steel production.

Synopsis: Many coal-fired factories in China are transitioning to greener practices by upgrading carbon reduction technologies. Longyuan Environmental Protection, part of CHN Energy, showcased its advanced carbon capture utilization and storage technology during the China International Fair for Trade in Services in Beijing. A new CCUS project in Taizhou aims to capture 500,000 metric tons of carbon annually, contributing to China's ambitious environmental goals.

Synopsis: Gary Advocates for Responsible Development urges US Steel and Cleveland-Cliffs to invest in green technology at their Northwest Indiana steel mills to reduce carbon emissions and remain competitive long-term.

Synopsis: Lord Ben Houchen, Conservative mayor of Tees Valley, warns of potential plans to replace British steel production with Chinese steel routed through Brazil. This comes after job losses at Port Talbot steelworks and concerns about the future of Scunthorpe steelworks, owned by Chinese firm Jingye.

Synopsis: Shougang Group, a leading Chinese steel manufacturer, has transformed its new factory in Hebei Province. These facility utilize advanced production methods that prioritize energy conservation and carbon reduction. The company has achieved a remarkable 10 million metric tons of low-carbon steel production, setting a benchmark for sustainable practices in the industry.

Synopsis: British Steel's plans to transition to "green steel" production face a significant setback as National Grid informs the company that a new electricity connection won't be available until 2032. This delay impacts British Steel's ambition to switch from blast furnaces to electric arc furnaces by 2025, potentially affecting thousands of jobs and the UK's industrial decarbonization efforts.

Synopsis: Ternium releases its 2023 Sustainability Report, highlighting company growth, environmental goals, workplace safety, and community relations improvements.

Synopsis: Juan Greibe, Metals Manager at Aceros AZA, discusses the company's circular economy model. AZA Steel boasts one of the lowest carbon footprints in the global steel industry, producing steel with 9 times less CO2 emissions than international standards.

Synopsis: Tata Steel subsidiary UK Steel Enterprise has provided vital support to the JES Skills Academy in Port Talbot, which aims to retrain 300 former steelworkers and create over 50 new jobs. The academy, launched by local engineering contractor JES, received a significant loan from UKSE to expand its training capacity, increasing the number of training bays to 80 for teaching fabrication, welding, and pipework skills.

Synopsis: Blastr Green Steel, a groundbreaking initiative launched by Vanir Green Industries in 2021, seeks to revolutionize the Finnish steel industry by establishing a state-of-the-art production facility in Inkoo. With a capacity to produce 2.5 million metric tons of steel annually by 2027, the project employs hydrogen-based direct reduction and electric arc furnace technology, powered entirely by renewable energy.

Synopsis: GravitHy, a pioneering French initiative announced in 2022, brings together industrial giants like EIT InnoEnergy, Engie New Ventures, IDEC Group, Plug Power, Primetals Technologies, and Forvia to transform steel production. The project aims to produce 2 million metric tons of DRI & HBI annually by 2027 using a hydrogen-based direct reduction process and electric arc furnace technology.

Synopsis: GreenSteel Innovations, a Swedish leader in metallurgical innovation, was launched in 2023 by EcoVentures Capital, Sustainable Steel Fund, and Nordic Green Energy. The company aims to transform iron production using hydrogen-based direct reduction, starting with an initial capacity of 500,000 metric tons per year and scaling up to 2 million metric tons by 2027.

Synopsis: Green Steel Arabia, announced in 2023 by the Essar Group, aims to transform steel production in Saudi Arabia with a state-of-the-art plant capable of producing 4 million metric tons annually by 2027. Situated on a 315-hectare site in Ras Al-Khair, this $4.5 billion project will utilize advanced technologies, including green hydrogen production, direct reduction iron processes, and electric arc furnaces powered by renewable energy.

Synopsis: Green Steel of WA is a pioneering Australian project that aims to revolutionize steel production through two major initiatives: the Collie Steel Mill and the Hydrogen DRI Plant. With a combined investment of A$1.9 billion, the project will utilize cutting-edge technologies like Danieli MIDA QLP and Energiron™ to produce 2.5 million metric tons of hot direct reduced iron and 400,000 metric tons of steel annually. The project is backed by a A$2.7 million grant from the Western Australian Government's Collie Futures Fund.

Synopsis: In 2022, H-ACERO emerged as a leader in transforming steel production in Spain, driven by a consortium led by Sarralle and including RVCTI, CEIT, Sidenor Research & Development, TECNALIA, and TUBACEX INNOVACIÓN. The project focuses on integrating green hydrogen, developing advanced equipment, and optimizing processes to enhance sustainability in the steel industry.

Synopsis: HYBRIT, a groundbreaking Swedish initiative launched in 2016 by SSAB, LKAB, and Vattenfall, is set to transform steel production by replacing traditional carbon-intensive methods with a hydrogen-based approach. The project aims to produce 1.3 million metric tons of fossil-free direct reduced iron annually by 2026, with plans to scale up to 2.7 million metric tons by 2030. Located in Gällivare, northern Sweden, HYBRIT leverages renewable energy to power its innovative hydrogen electrolysis process.

Synopsis: HY2DEC, launched in 2022, is a groundbreaking Spanish project led by Tubacex and supported by the Center for Technological Development and Innovation. This initiative brings together six major industrial companies and seven renowned research institutions to transform Spain's energy-intensive industries using green hydrogen. The project focuses on three key technological areas: electrochemical green hydrogen production, innovative heat generation, and advanced CO₂ capture with waste valorization.

Synopsis: Hydnum Steel, a pioneering Spanish enterprise, was unveiled in February 2024 as a collaboration between Helvella Holding, Siemens, Abei Energy, and Russula Corporation. This innovative venture aims to transform steel production by combining green hydrogen with renewable energy. Central to its vision is a cutting-edge electric steelmaking plant featuring an Arvedi ESP line from Primetals Technologies. With an initial capacity of 1.5 million metric tons of hot rolled coils annually, expandable to 2.6 million metric tons by 2030, Hydnum Steel plans to begin operations in 2026.

Synopsis: Magnum Mining & Exploration, an Australian company with international ambitions, emerged in 2023 as a trailblazer in green steel production. Backed by investors Midmetal of Saudi Arabia, Fortescue Metals Group, and Anglo American, Magnum is set to transform metallurgical practices. The company's centerpiece is the HIsmelt technology, a pioneering process that combines direct smelting reduction with biochar use, aiming for net-zero carbon emissions. With a planned capacity of 1.1 million metric tons of green, high-purity pig iron annually at its Saudi Arabian plant, and global expansion potential exceeding 3 million metric tons, Magnum plans to start operations within the next 24 to 48 months.

Synopsis: Port Hedland Green Steel, an Australian enterprise, emerged in 2024 as a leader in sustainable metallurgy. The company is pioneering the EcoSteel Synthesis process, which combines hydrogen-based direct reduced iron technology with renewable-powered electric arc furnaces to transform the steel industry's carbon-intensive practices. With an initial capacity to produce 3 million metric tons of green steel annually, expanding to 10 million metric tons by 2035, Port Hedland plans to begin operations by 2028.

Synopsis: In 2020, Stegra, formerly known as H2 Green Steel, was born from the partnership of Gunnar Vargas and a group of dedicated investors focused on sustainability. This ambitious venture aims to create a massive steel manufacturing operation in Sweden, using only fossil-free methods. With support from various firms and the Swedish Energy Agency, Stegra plans to produce 5 million metric tons of green steel annually by 2030.

Synopsis: Vulcan Green Steel, supported by Jindal Steel & Power Group, is set to transform steel production in Oman with a $3 billion facility in Duqm. Using ENERGIRON® technology, the plant will initially produce 5 million metric tons of steel annually, with operations starting in 2026. The project combines hydrogen-ready DRI technology and renewable energy-powered EAFs, aiming for a sustainable future.

Synopsis: Voilàp, a multinational industrial machinery manufacturer, is adopting Acciaieria Arvedi's carbon-neutral Arvzero steel. Starting with subsidiary Imecon using 150 metric tons annually, the initiative will expand to other group companies, potentially affecting over 3,000 metric tons yearly. Combined with renewable energy projects, Voilàp has cut emissions by 25%, aligning with UN sustainability goals.

Synopsis: Hydnum Steel and Siemens are partnering to build Spain's first green and fully digitalized steel plant in Puertollano. The project aims to eliminate CO₂ emissions and use only renewable energy in its production process.

Synopsis: German Craemer Group partners with Acciaieria Arvedi to use carbon-neutral Arvzero™ steel in its automotive components, advancing sustainability in the industry.

Synopsis: Bharat Petroleum Corporation Limited, India's second-largest government-owned oil producer, showcased its MAK Lubricants at MMMM 2024. BPCL aims to support the steel industry's growth and sustainability efforts, aligning with the government's vision to decarbonize the sector, which contributes 12% of India's total emissions.

Synopsis: Turkey's Kocaer Çelik announces successful drilling of two geothermal wells for its Kocaer 1 power plant in Kuyucak, Aydın, generating 7 MW of power.

Synopsis: Yara International opened a new ammonia import terminal in Brunsbüttel, Germany, capable of importing up to 3 million metric tons of low-emission ammonia annually. The terminal aims to support Germany's hydrogen economy and energy transition.

Synopsis: Climate Week NYC 2024 highlighted three major trends in green steel: increased demand in construction, US government support, and third-party certifications.

Synopsis: Tata Steel Nederland's SAB-profiel factory in Geldermalsen achieves CO₂ neutrality in steel roof and wall panel production. This marks the sixth climate-neutral European location for Tata Steel Nederland.

Synopsis: Fastmarkets introduces green steel price differentials for hot-rolled coil across Europe, US, and Asia. Key firms involved include steel mills in Northern Europe, US, and Vietnam, with prices reported in euros, US dollars, and metric tons.

Synopsis: JFE Steel Corporation announces the launch of Bright Queen, the world's first dry bulk carrier made entirely with JGreeX™ green steel, involving Higaki Shipbuilding, Pacific Ship Management Corporation, and NYK Bulk & Projects Carriers Ltd.

Synopsis: Salzgitter Flachstahl, Carnehl Fahrzeugbau Pattensen, and GP Günter Papenburg collaborate to showcase a CO₂-reduced SALCOS® steel semi-trailer at IAA Transportation in Hanover.

Synopsis: Hyundai Steel has commissioned Primetals Technologies to conduct a blast furnace gas injection study at its Dangjin plant in South Korea. The study aims to improve production efficiency and reduce carbon emissions, supporting Hyundai Steel's goal of carbon neutrality by 2050.

Synopsis: Blastr Green Steel welcomes Jaap Piso as Head of Commercial. Piso brings 30 years of experience to drive sales and partnerships. CEO Mark Bula expresses enthusiasm for Piso's role in decarbonizing steel industry.

Synopsis: JOGMEC selects multiple companies, including Mitsubishi Corporation, Nippon Steel, JFE Steel and ExxonMobil, for feasibility studies on overseas CCS value chains in Ise Bay and Tokyo Bay areas.

Synopsis: Metinvest CEO Yuriy Ryzhenkov predicts increasing global supply of direct reduced iron, hot briquetted iron, and pig iron. He discussed green steel production trends at the Siderweb 2024 forum in Vicenza, Italy.

Synopsis: The US Department of Energy launches a pilot project to measure greenhouse gas intensity of industrial products. This initiative, part of the Biden-Harris Administration's climate goals, involves collaboration with Congress, stakeholders, and trade partners to develop accurate measurement tools for industrial emissions.

Synopsis: BHP, Rio Tinto, BlueScope, and Hatch are collaborating on the Electric Smelting Furnace (ESF) Initiative in Australia, aiming to revolutionize steel production with reduced environmental impact. The project, announced in July 2023, is progressing towards a pilot plant targeted for commissioning in 2027.

Synopsis: Binding Solutions, a UK-based company, has developed Cold Agglomerated Pellet Technology, a groundbreaking iron ore processing method. Supported by Audley Capital, Innovate UK, and Cotec Holdings Corp, the technology promises significant reductions in energy use and emissions. A pilot plant in Middlesborough, UK, is set to be fully operational by early 2024.

Synopsis: Boston Metal, a US-based company, has developed Molten Oxide Electrolysis Technology for steel production. With backing from ArcelorMittal, Microsoft, BHP Ventures, and others, totaling $282 million in funding, the company aims to revolutionize steel manufacturing. A demonstration facility is planned for 2024-2025, with commercial plants targeted for 2025-2030.

Synopsis: Argonne National Laboratory's Center for Steel Electrification by Electrosynthesis, C-STEEL, is researching an innovative electrochemical process for steel production. This technology aims to reduce greenhouse gas emissions by 85% by 2035, utilizing advanced computational methods and AI-driven modeling to revolutionize steel manufacturing.

Synopsis: Boulder-based startup Electra has developed a revolutionary low-temperature process for iron and steel production. Using electrochemical and hydrometallurgical methods, Electra's technology operates at just 60°C, dramatically reducing energy consumption and carbon emissions. The company has secured $85 million in funding and partnered with steel giant Nucor.

Synopsis: Australian startup Element Zero has developed a groundbreaking non-aqueous electrochemical process for metal production. This technology, applicable to various metals including iron, nickel, and titanium, operates at low temperatures and promises significant energy savings and zero carbon emissions. The company has secured $10 million in seed funding and plans a large-scale pilot facility in Port Hedland, Australia.

Synopsis: Swedish startup FerroSilva has developed a revolutionary biomass gasification process for fossil-free iron production. The technology, set to be piloted at Ovako's Hofors plant in 2026, promises negative carbon emissions in steel production. With $3.25 million support from the Swedish Energy Agency and partnerships with firms like Sandvik Materials Technology and Sveaskog, FerroSilva aims to transform the steel industry.

Synopsis: Australian innovation Carbelec™, developed by the University of Melbourne and Hancock Prospecting, uses low-temperature electrolysis to convert CO₂ into reusable carbon and oxygen. This technology, announced in December 2021, aims to revolutionize steel production and other carbon-intensive industries by creating emission-neutral processes powered by renewable energy.

Synopsis: Israeli innovation Helios Molten Regolith Reactor, backed by the Israeli Energy Ministry and Israel Space Agency, converts lunar regolith into oxygen and metals. Announced in 2020, this technology aims to revolutionize space exploration and green steel production on Earth through a zero-emission, energy-efficient process.