Steelmaking

H2 Green Steel to work with Anglo American on low carbon steel making

Retrieved on: 
Tuesday, April 4, 2023
Carbon, Carbon accounting, Anglo American, Steel, Iron, DRI, Steelmaking, Anglo American plc, Iron ore, Coal

STOCKHOLM, April 4, 2023 /PRNewswire/ -- H2 Green Steel and global leading mining company Anglo American have signed a memorandum of understanding to work together on low carbon steelmaking value chains.

Key Points: 
  • STOCKHOLM, April 4, 2023 /PRNewswire/ -- H2 Green Steel and global leading mining company Anglo American have signed a memorandum of understanding to work together on low carbon steelmaking value chains.
  • The possibility of using lump iron could complement the iron pellets needed for DRI, hence increasing flexibility in H2 Green Steel's production process.
  • Anglo American set out an ambition in 2021 to reduce its Scope 3 emissions by 50 percent by 2040.
  • We are impressed by Anglo American's efforts to bring high-quality iron ore products to customers which focus on low carbon iron and steelmaking, and we look forward to continue working with them, not only for our first green hydrogen integrated steel plant in Sweden but for other future locations globally," says Luisa Orre, Chief Procurement Officer, H2 Green Steel.

H2 Green Steel to work with Anglo American on low carbon steel making

Retrieved on: 
Tuesday, April 4, 2023
Carbon, Carbon accounting, Anglo American, Steel, Iron, DRI, Steelmaking, Anglo American plc, Iron ore, Coal

STOCKHOLM, April 4, 2023 /PRNewswire/ -- H2 Green Steel and global leading mining company Anglo American have signed a memorandum of understanding to work together on low carbon steelmaking value chains.

Key Points: 
  • STOCKHOLM, April 4, 2023 /PRNewswire/ -- H2 Green Steel and global leading mining company Anglo American have signed a memorandum of understanding to work together on low carbon steelmaking value chains.
  • The possibility of using lump iron could complement the iron pellets needed for DRI, hence increasing flexibility in H2 Green Steel's production process.
  • Anglo American set out an ambition in 2021 to reduce its Scope 3 emissions by 50 percent by 2040.
  • We are impressed by Anglo American's efforts to bring high-quality iron ore products to customers which focus on low carbon iron and steelmaking, and we look forward to continue working with them, not only for our first green hydrogen integrated steel plant in Sweden but for other future locations globally," says Luisa Orre, Chief Procurement Officer, H2 Green Steel.

European Green Steel Market Analysis & Forecast Report 2022-2023 & 2028 with Focus on Sweden, Germany, France, and United Kingdom - ResearchAndMarkets.com

Retrieved on: 
Monday, March 6, 2023
Environment, Manufacturing, Sustainability, Alternative Energy, Green Technology, Energy, Steel, MOE, Iberdrola, Coal, Research, Carbon, Growth, Volvo, Steelmaking, Hydrogen, EAF, Iron, GM, Laboratory, Salzgitter, ArcelorMittal, Investment, Electricity, COVID-19, Temperature, Natural gas, SSAB, Electric arc furnace, Dentist, Biomass, Renewable energy, Electronics, ThyssenKrupp

The "European Green Steel Market: Analysis & Forecast with Impact Analysis of COVID-19 and Forecast up to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "European Green Steel Market: Analysis & Forecast with Impact Analysis of COVID-19 and Forecast up to 2028" report has been added to ResearchAndMarkets.com's offering.
  • In most cases, green steel production uses green hydrogen rather than coal or electricity generated from non-fossil sources.
  • But as supply grows and green steel becomes the new norm, pricing power is likely to fade in the longer-term.
  • Europe Green Steel Market Dynamics:
    Growth Drivers: Green steel is the manufacturing of steel without the use of fossil fuels.

Global Green Steel Market Report 2022 Featuring SSAB, ArcelorMittal, Salzgitter, JSW Steel, H2GreenSteel, Liberty Steel, Hesteel, Nucor, Deutsche Edelstahlwerke, & Voestalpine

Retrieved on: 
Monday, February 6, 2023
Production, Construction, Industrial, United Kingdom, MEA, Investment, CO2, Japan-India Association, Graphene production techniques, Steelmaking, USD, Automotive industry, Growth, Prevalence, Coal, Renewable energy, Tire manufacturing, Retail

The Global Steel Market was valued at USD 39.14 Billion in the year 2021 with the European region leading the regional market share.

Key Points: 
  • The Global Steel Market was valued at USD 39.14 Billion in the year 2021 with the European region leading the regional market share.
  • Steel buyers in the construction, automotive, and metal products sectors, both public and private, are signalling a commitment to buy green steel.
  • The report analyses the Green Steel by Production technique (By Flat Green Steel, By Long Green Steel).
  • The report analyses the Green Steel by Production technique (By Flat Green Steel, By Long Green Steel).

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter AG and Anglo American cooperate in optimizing iron ore supplies for low CO2 steel production

Retrieved on: 
Wednesday, August 4, 2021
Province of Hanover, Salzgitter, Steelmaking, Steel

Salzgitter AG's subsidiary Salzgitter Flachstahl GmbH has signed a Memorandum of Understanding (MOU) with Anglo American to join forces in investigating the optimization of iron ore supplies for direct reduction.

Key Points: 
  • Salzgitter AG's subsidiary Salzgitter Flachstahl GmbH has signed a Memorandum of Understanding (MOU) with Anglo American to join forces in investigating the optimization of iron ore supplies for direct reduction.
  • The primary aim of the joint research activities is to minimize the CO2 footprint of steel production.
  • SALCOS(R) stands for "SAlzgitter Low CO2 Steelmaking" and is a transformation concept for the integrated steel production route.
  • The transformation will allow CO2 emissions from steel production to be reduced by 95 percent by 2045.

ArcelorMittal and the Government of Canada announce investment of CAD$1.765 billion in decarbonization technologies in Canada

Retrieved on: 
Friday, July 30, 2021
Companies, ArcelorMittal, CAC 40, IBEX 35, Dofasco, Arcelor, Steelmaking

The investment is contingent on support from the governments of Canada and Ontario.

Key Points: 
  • The investment is contingent on support from the governments of Canada and Ontario.
  • Today the Government of Canada announced it will invest CAD$400 million in the project.
  • This $400 million investment by our government in reducing greenhouse gas emissions at ArcelorMittal Dofasco will transform Hamilton.
  • Highlighting the transformative impact of the announcement, ArcelorMittal Dofasco President and CEO Ron Bedard said:
    The Government of Canadas investment accelerates the realization of low carbon steelmaking in Canada.

Cross Carbon Ventures Announces Formation of Carbon Capture Development Partnership

Retrieved on: 
Friday, July 30, 2021
Alternative energy, Energy, Other Energy, Articles, Energy, Resource economics, Energy economics, Carbon capture and sequestration, Climate change policy, Emissions reduction, Environmental impact of the energy industry, Steelmaking, Low-carbon economy, Sustainable energy, Carbon capture, Svante, Enbridge, Cross River Infrastructure Partners, OTS, SVANTE, ENBRIDGE, CROSS RIVER INFRASTRUCTURE PARTNERS, OTS

Svante Inc., Enbridge Inc. (TSX: ENB) (NYSE: ENB), Cross River Infrastructure Partners LLC, and OTS Ltd., have entered into a commercial Memorandum of Understanding that establishes Cross Carbon Ventures (CCV), an independent carbon capture development partnership.

Key Points: 
  • Svante Inc., Enbridge Inc. (TSX: ENB) (NYSE: ENB), Cross River Infrastructure Partners LLC, and OTS Ltd., have entered into a commercial Memorandum of Understanding that establishes Cross Carbon Ventures (CCV), an independent carbon capture development partnership.
  • CCV will explore commercial opportunities in North America to develop, build, own and operate carbon capture projects for carbon intensive industries seeking to decarbonize their operations.
  • CCV will target the decarbonization of emissions by heavy industries including cement, steelmaking, petroleum refining, and large-scale hydrogen production through the development of point-source carbon capture projects.
  • Cross River Infrastructure Partners LLC is a platform of development companies deploying industry-leading climate technologies and sustainable infrastructure projects across carbon capture and carbon utilization, sustainable protein, clean fuels and clean energy.

Government investing in Hamilton's steel industry to support good jobs and significantly reduce emissions

Retrieved on: 
Friday, July 30, 2021
Climate change policy, Climate variability and change, Articles, Climate forcing, Greenhouse gas emissions, Steelmaking, Environmental policy, Emissions reduction, Climate change in Turkey, Greenhouse gas emissions by Turkey, Carbon footprint

By investing in clean technology, we will create good middle-class jobs, strengthen our economy, cut pollution and build back better for all Canadians.

Key Points: 
  • By investing in clean technology, we will create good middle-class jobs, strengthen our economy, cut pollution and build back better for all Canadians.
  • This investment will support a $1.765-billion project to convert the steel production process and phase out coal-fired steelmaking at its facilities in Hamilton, Ontario.
  • Together with the Algoma Steel project announced on July 5, 2021, the two projects will reduce GHG emissions by up to 6 million tonnes per year.
  • The steel industry currently accounts for 7% of global GHG emissions from the energy industriesequal to global aviation, shipping and chemicals emissions combined.

ArcelorMittal announces new $2.2 billion share buyback program

Retrieved on: 
Thursday, July 29, 2021
Companies, ArcelorMittal, CAC 40, IBEX 35, Arcelor, Steelmaking, Steel

The shares acquired under the Program are intended:

Key Points: 
  • The shares acquired under the Program are intended:
    1) To meet ArcelorMittals obligations under debt obligations exchangeable into equity securities, and/or;
    2) To reduce its share capital.
  • ArcelorMittal intends to repurchaseshares for an aggregate maximum amount of $2.2 billion in accordance with the AGM Authorization and applicable market abuse regulations.
  • ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 17 countries.
  • In 2020, ArcelorMittal had revenues of $53.3 billion and crude steel production of 71.5 million metric tonnes, while iron ore production reached 58.0 million metric tonnes.

GrafTech Expands Operations with New Sales Office in Japan

Retrieved on: 
Monday, July 26, 2021
Banking, Professional services, Hardware, Mining, Minerals, Alternative energy, Consumer electronics, Energy, Technology, Natural Resources, Steel, Engineering, Chemicals, Plastics, Manufacturing, Materials, Minerals, Matter, Electric arc furnace, Steelmaking, GrafTech, Graphite, EAF

GrafTech International Ltd. (NYSE:EAF), a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel, announced the opening of a new sales office in Chiba-shi, Japan.

Key Points: 
  • GrafTech International Ltd. (NYSE:EAF), a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel, announced the opening of a new sales office in Chiba-shi, Japan.
  • This new office will provide GrafTechs customers in the region with local commercial, customer service and technical support.
  • This office also expands the companys global sales and technical support personnel.
  • This office reflects our dedication to this region and to building highly skilled teams that serve our customers across our global footprint.