Sustainability: Emissions

The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA).

Steel Dynamics Inc. faces rising costs for its Columbus, Miss., aluminum rolling mill, but the project timeline remains on track. The post SDI aluminum project logs cost bump, but timeline holds firm appeared first on Steel Market Update.

Stainless steel producer Outokumpu of Finland has completed its planned acquisition of a 10% stake in a long-established supplier, German recycler Cronimet, following regulatory approval. Outolumpu’s main motive is to secure sourcing of high-quality scrap close is to its steel making operations in northeastern Europe. But the companies will also co-operate on joint innovation and […]

ArcelorMittal Nippon Steel India (AM/NS India) is to establish three scrap-processing centres in anticipation of increasing difficulty meeting recycled steel requirements through imports. The company will invest around INR1 bn ($12 M, €11 M) to build a yard at its 9 Mt/y integrated works in Hazira (Gujurat), another at Ahmedabad (Gujurat) and a third in Khopoli (Maharashtra) […]

Algoma Steel’s CEO Michael Garcia joined SMU Managing Editor Michael Cowden for a Community Chat on Wednesday, Nov. 29. A great discussion was had on topics ranging from plate pricing to decarbonization efforts, raw materials strategies, and more. The post SMU Community Chat: Algoma’s CEO talks prices, decarb, raw materials appeared first on Steel Market Update.

After a meeting Friday at the White House, the EU and US issued a joint statement noting no concrete movement towards a Global Arrangement on Sustainable Steel and Aluminum. The post US, EU To Continue Talks on Steel, Aluminum Deal After White House Meeting appeared first on Steel Market Update.

Brazilian miner Vale has started testing a form of iron ore briquette years in the making ahead of delivering to a backlog of customers. The company says the new product should help steel makers cut their carbon emissions by up to 10%. The company estimates it will take 18 months to clear the waiting list […]

Secondary lead producer Hakurnas has agreed to install ACE Green’s recycling technology at its plant in Ashdod in Israel to improve its environmental performance. After the initial breaking of lead battery scrap, the conventional second step to recover the lead is smelting via a furnace that operates at high temperatures and produces significant GHG emissions […]

BlueScope-owned New Zealand Steel is to replace its blast furnace (BF) with an electric arc furnace (EAF). The cost is estimated at NZ$300 M (US$188 M, €174 M), with the government funding up to NZ$140 M.  The investment will cut the Glenbrook works’ carbon footprint by 800,000 t, equivalent to taking around 300,000 cars off […]

In the race to lower emissions, both steel companies and countries are promoting greater use of domestic scrap, but this approach has two key weaknesses. Firstly, using more steel scrap in one country will have no impact on global carbon emissions – it will simply see scrap use move from one country to another. Secondly, […] The post CRU: Copper in Steel Scrap Will Constrain Domestic Use appeared first on Steel Market Update.