As Europe's top steel producer, Germany is pivotal in decarbonizing the sector through electrification and the use of green hydrogen in direct iron reduction. Low-carbon steel plants are poised to tap
As Europe's top steel producer, Germany is pivotal in decarbonizing the sector through electrification and the use of green hydrogen in direct iron reduction. Low-carbon steel plants are poised to tap
Hydrogen demand could hit 850,000 t/y in 2030 German steelmakers poised to tap planned pipeline Move to DRI/EAF steel route to double power demand Europe's steel industry is set to be a significant co
Hydrogen demand could hit 850,000 t/y in 2030 German steelmakers poised to tap planned pipeline Move to DRI/EAF steel route to double power demand Europe's steel industry is set to be a significant co
Growth expected in 2025 across Nordic countries Celsa Nordic aims to cut CO2 emissions by 50% by 2030 Norway's steel demand is expected to strengthen in the second half of 2024 and 2025 helped by a re
European steelmakers switch technologies to cut emissions Most projects to cut emissions by 30% by 2030, entirely by 2050 Challenges include sourcing green energy, hydrogen and scrap Europe is expecte
Top producer China grew only 0.1% India increased 11.8% Germany production slumped further Global crude steel production reached 18.88 billion mt in 2023, largely stable with 2022, according to Worlds
Production restarting in Europe after suspensions in 2023 Many mills restarting blast furnaces in Q1 but some still on hold The first quarter of 2024 is kicking off with European steelmakers slowly re
Low carbon steel demand seen rising State funding, new key legislation seen in 2024 The march toward a low carbon steel production future is at the top of the political agenda and could become a key b
The end of 2022 and the beginning of 2023 look blighted with uncertainty due to
high energy costs, inflation and a new green deal, participants at the European
steel distributors association Eurometal
Italian re roller Marcegaglia is planning to invest Eur1 billion ($1.01 billion)
over the next five years as part of its 2022 2026 industrial plan, with a focus
on strengthening its performance, the c
ArcelorMittal expects 2022 global steel consumption to contract 0% 1% as Russia's military invasion of Ukraine disrupts supply chains, stoking inflation, while China's COVID 19 lockdowns dampen econom
UK steelmakers and other energy intensive industries will be able to bid for a
share of GBP 220 million ($300 million) in government investment to help to cut
their carbon emissions and the cost of th
Long steel products producer Riva Thy Marcinelle in Belgium has suspended production following a fire at its Charleroi mill, market sources told S&P Global Platts June 23.
A pilot plant in Lulea, Sweden, has produced the world s first sponge iron reduced using fossil free hydrogen gas, the company s three shareholders announced June 21. The successful completion of test
Crude steel production in the 64 countries reporting to the World Steel Association grew 0.6% on the year to 156.2 million mt in August, the association said Sept 24.
Crude steel production in the 64 countries reporting to the World Steel Association in May dropped 8.7% year on year to 148.8 million mt due to the economic difficulties created by the coronavirus pan