ArcelorMittal is looking for partners and public funding to curb carbon emissions from steelmaking in its German operations where alternative technology plans are far advanced, the European head of the world’s biggest steel producer said.
Automobile manufacturer The BMW Group has decided to invest through its venture fund BMW i Ventures in the American startup Boston Metal, founded under the auspices of the Massachusetts Institute of Technology and supported by Bill Gates. We are systematically encountering raw materials and components with high CO2 emissions in production in our supplier network. […]
Australia’s largest metallurgical company BlueScope Steel will begin scheduled modernization (lining replacement) of blast furnace No. 6 with a capacity of 2.1 million tons of steel per year at the Port Kembla steel mill (New South Wales). The company does not believe that low-carbon steel-melting technologies are advanced enough to become a viable alternative.
Chinese corporation Jingye Group, owner of the steelmaking company British Steel, has announced its commitment to invest £ 1.2bn in “greening” blast furnaces at its Scunthorpe steel plant.
The China Iron and Steel Association (CISA) will soon present a series of programs to cut down CO2 emissions from the steelmaking sector as part of the country’s commitment to achieve climate neutrality by 2060.
