Direct reduced iron

Australia’s leading iron ore producers partner with BlueScope on steel decarbonisation

Retrieved on: 
Thursday, February 8, 2024

If successful, it could help open a potential pathway to near-zero greenhouse gas emission-intensity operations for steelmakers that rely on Australian iron ore to meet global steel demand.

Key Points: 
  • If successful, it could help open a potential pathway to near-zero greenhouse gas emission-intensity operations for steelmakers that rely on Australian iron ore to meet global steel demand.
  • Rio Tinto Iron Ore Chief Executive Simon Trott said: “The carbon intensity of iron and steelmaking requires profound change to meet the needs of our planet and our climate objectives.
  • Iron ore is first converted to direct reduced iron (DRI) before being charged into the ESF.
  • Other lower CO2 emission-intensity production routes, such as electric arc furnaces, require scrap steel and DRI produced from high grade iron ores.

Emirates Steel Arkan, Khalifa University and Ohmium International Collaborate on Green Hydrogen Research Hub

Retrieved on: 
Thursday, December 7, 2023

Emirates Steel Arkan (ESA), Ohmium International (Ohmium) and Khalifa University of Science and Technology today announced the signing of a Strategic Collaboration on Hydrogen Research and Development, which was witnessed by the UAE Ministry of Industry and Advanced Technology (MoIAT).

Key Points: 
  • Emirates Steel Arkan (ESA), Ohmium International (Ohmium) and Khalifa University of Science and Technology today announced the signing of a Strategic Collaboration on Hydrogen Research and Development, which was witnessed by the UAE Ministry of Industry and Advanced Technology (MoIAT).
  • Front left to right: Arne Ballantine, CEO, Ohmium International, Mr. Saeed Alghafri, CEO of Emirates Steel and Dr. Ebrahim Al-Hajri, Senior Vice President, Support Services, Khalifa University.
  • Saeed Al Ghafri, CEO of Emirates Steel, Arne Ballantine, CEO and Co-Founder of Ohmium International and Dr. Steven Griffiths, Senior Vice President for Research and Development at Khalifa University.
  • Bringing together Ohmium’s advanced PEM electrolyzers with the academic excellence of Khalifa University is a critical step in our journey to adopting green hydrogen to produce greener steel.”
    Professor Sir John O’Reilly, President, Khalifa University, said: “This collaboration with Emirates Steel Arkan and Ohmium International provides Khalifa University with a special opportunity to further optimize the application of green hydrogen into the production of steel.

Steel decarbonisation to redefine supply chains by 2050

Retrieved on: 
Thursday, October 19, 2023

Titled Metalmorphosis: how decarbonisation is transforming the iron and steel industry the report highlights the emergence of new metallic hubs and the reshaping of steel production and global trade patterns.

Key Points: 
  • Titled Metalmorphosis: how decarbonisation is transforming the iron and steel industry the report highlights the emergence of new metallic hubs and the reshaping of steel production and global trade patterns.
  • Low-carbon intensive EAF production accounts for 28% of global steel output, projected to rise to 50% by 2050.
  • The shift towards less carbon-intensive steel will drive the demand for greener feedstocks such as DRI (Direct Reduced Iron) and high-grade scrap.
  • In markets with high carbon prices, importing green DRI to manufacture low-carbon steel using EAFs will become more favourable than importing finished steel from emissions-intensive producers like China and India.

China Baowu and Rio Tinto extend climate partnership to decarbonise the steel value chain

Retrieved on: 
Monday, June 12, 2023

China Baowu, the world’s biggest steelmaker, and Rio Tinto, the world’s largest iron ore producer, have signed a Memorandum of Understanding (MoU) to explore a range of industry leading new projects in China and Australia to help decarbonise the steel value chain.

Key Points: 
  • China Baowu, the world’s biggest steelmaker, and Rio Tinto, the world’s largest iron ore producer, have signed a Memorandum of Understanding (MoU) to explore a range of industry leading new projects in China and Australia to help decarbonise the steel value chain.
  • The MoU, signed in Shanghai by Rio Tinto Chief Commercial Officer Alf Barrios, and China Baowu Vice President Hou Angui, follows the recently announced $2 billion Western Range Joint Venture in the Pilbara region of Western Australia, involving Rio Tinto and Baowu.
  • These innovative projects are an outcome of the long-standing collaboration between Rio Tinto and China Baowu spanning 50 years.
  • Rio Tinto’s Chief Commercial Officer Alf Barrios said, “Rio Tinto and China Baowu are united in a commitment to accelerating the delivery of low-carbon solutions for the entire steel value chain.

ArcelorMittal North America Announces Supply Agreement with General Motors for North American-Sourced Sustainable XCarb® Steel

Retrieved on: 
Tuesday, June 6, 2023

Its lower CO2 intensity has been independently verified with an accompanying Life Cycle Analysis (LCA) that includes Scope 1, 2 and 3 emissions.

Key Points: 
  • Its lower CO2 intensity has been independently verified with an accompanying Life Cycle Analysis (LCA) that includes Scope 1, 2 and 3 emissions.
  • "This is a terrific first step in supplying steel with substantially lower CO2 emissions to automakers in North America," says Peter Leblanc, CMO Automotive at ArcelorMittal.
  • ArcelorMittal is committed to reducing the carbon intensity of the steel it produces by 25% globally by 2030 and to achieving carbon neutrality by 2050.
  • 1 Reduced emissions based on an ArcelorMittal Dofasco LCA compared to World Steel Association average global Life Cycle Inventory (LCI) values (57-64% emission reduction) and AISI average North American LCI values (45-50% emission reduction) for similar steel products.

ArcelorMittal completes acquisition of majority stake in voestalpine’s state-of-the-art HBI facility in Texas

Retrieved on: 
Friday, July 1, 2022

ArcelorMittal (the Company) today announces that following receipt of customary regulatory approvals it yesterday completed the acquisition of an 80% shareholding in voestalpines Hot Briquetted Iron (HBI) plant located near Corpus Christi, Texas.

Key Points: 
  • ArcelorMittal (the Company) today announces that following receipt of customary regulatory approvals it yesterday completed the acquisition of an 80% shareholding in voestalpines Hot Briquetted Iron (HBI) plant located near Corpus Christi, Texas.
  • The acquisition, announced in April this year , values the Corpus Christi operations at $1 billion.
  • The state-of-the-art plant is one of the largest of its kind in the world.
  • ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries.

ArcelorMittal acquires majority stake in voestalpine’s state-of-the-art HBI facility in Texas

Retrieved on: 
Thursday, April 14, 2022

ArcelorMittal (the Company) today announces it has signed an agreement to acquire an 80% shareholding in voestalpines world-class Hot Briquetted Iron (HBI) plant located in Corpus Christi, Texas.

Key Points: 
  • ArcelorMittal (the Company) today announces it has signed an agreement to acquire an 80% shareholding in voestalpines world-class Hot Briquetted Iron (HBI) plant located in Corpus Christi, Texas.
  • HBI is a premium, compacted form of Direct Reduced Iron (DRI) developed to overcome issues associated with shipping and handling DRI.
  • In parallel with the transaction, ArcelorMittal has signed a long-term offtake agreement with voestalpine to supply an annual volume of HBI commensurate to voestalpines equity stake to its steel mills in Donawitz and Linz, Austria.
  • It currently uses natural gas to directly reduce iron ore pellets into HBI with an Fe content which exceeds 91%.

Air Products and SARGAS Announce Agreement to Build Additional Air Separation Unit at Jindal Shadeed Iron & Steel in Sohar, Oman

Retrieved on: 
Monday, March 7, 2022

The new unit will produce a total of over 400 T/D of oxygen and nitrogen to the facility.

Key Points: 
  • The new unit will produce a total of over 400 T/D of oxygen and nitrogen to the facility.
  • The project, undertaken by Ajwaa Gases LLC - a joint venture between Air Products and SARGAS represents the third ASU installed by Air Products at Jindal Shadeed Iron & Steel's facility in Sohar.
  • Hamid Sabzikari , vice president and general manager, Air Products Industrial Gases Middle East, Egypt and Turkeysaid: "Air Products is delighted to expand our offerings at Jindal Shadeed Iron & Steel and strengthen our association further.
  • The successful signing of the third ASU demonstrates our commitment to supporting growing customers in Oman and the Middle East region.

Air Products and SARGAS Announce Agreement to Build Additional Air Separation Unit at Jindal Shadeed Iron & Steel in Sohar, Oman

Retrieved on: 
Monday, March 7, 2022

LEHIGH VALLEY, Pa. and SOHAR, Oman, March 7, 2022 /PRNewswire/ -- Air Products (NYSE:APD) a world leader in industrial gases, together with their regional partner Saudi Arabian Refrigerant Gases Company of Saudi Arabia (SARGAS) – an affiliated company of Abdullah Hashim Gases and Equipment, Air Products' long standing industrial gas joint venture in the Kingdom of Saudi Arabia - today announced that it has signed an agreement to build a new air separation unit (ASU) at Jindal Shadeed Iron & Steel facility in Sohar, Oman. The new unit will produce a total of over 400 T/D of oxygen and nitrogen to the facility.

Key Points: 
  • The new unit will produce a total of over 400 T/D of oxygen and nitrogen to the facility.
  • The project, undertaken by Ajwaa Gases LLC - a joint venture between Air Products and SARGAS represents the third ASU installed by Air Products at Jindal Shadeed Iron & Steel's facility in Sohar.
  • Hamid Sabzikari , vice president and general manager, Air Products Industrial Gases Middle East, Egypt and Turkeysaid: "Air Products is delighted to expand our offerings at Jindal Shadeed Iron & Steel and strengthen our association further.
  • The successful signing of the third ASU demonstrates our commitment to supporting growing customers in Oman and the Middle East region.

ArcelorMittal decarbonisation project in Hamilton, Canada confirmed with the announcement of a CAD$500M investment by the Government of Ontario

Retrieved on: 
Tuesday, February 15, 2022

The project is scheduled to be complete by 2028, although the Company is looking for opportunities to accelerate the project timelines.

Key Points: 
  • The project is scheduled to be complete by 2028, although the Company is looking for opportunities to accelerate the project timelines.
  • The investment was contingent on support from the governments of Canada and Ontario.
  • In July 2021 the Government of Canada announced it will invest CAD$400 million in the project and today, the Government of Ontario announced it will invest CAD$500 million in the project.
  • Highlighting the impact of the announcement, ArcelorMittal Dofasco President and CEO Ron Bedard said:
    This is the most significant construction project ever undertaken at Dofasco.