Green Steel

Greener steel production is the first step. Next comes scaling it up – ET Infra

Last week saw two major milestones in the global effort to make steel production less damaging to the climate. Boston Metal raised $262 million of venture funding for its electricity-based steel- and metal-making technology, while Sweden’s H2 Green Steel assembled €1.5 billion in equity to build its first plant that will use hydrogen to create […]

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Essar Group preps for Green Steel production in Saudi Arabia – ET Infra

India’s Essar Group is going ahead with plans to develop a $ 4.5 billion integrated Green Steel plant in Saudi Arabia. In a statement issued on Monday, Essar said it has forged a long term partnership with Saudi Arabia’s Desert Technologies (DT), a solar photovoltaic (PV) company. The two will develop solutions for renewable energy

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Vale Intl to supply iron ore to Essar’s steel project in Saudi Arabia – ET Infra

Representative image. Global mining giant Vale International will supply iron ore to Essar Group’s green steel project in Saudi Arabia, the Indian firm said in a statement on Thursday. Essar had previously inked a pact with Bahrain Steel for supply of DR-grade pellets for the project. With signing of the pact with Vale, Essar has

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Bahrain Steel inks pact with Essar Group’s KSA Green to supply iron ore – ET Infra

Bahrain-based firm Foulath arm Bahrain Steel has collaborated with Essar Group‘s KSA Green Steel Project for supply of iron ore pellet to Green Steel Arabia (GSA) project. Through this partnership, the Bahrain Steel will deliver four million tonnes of DR-grade pellets per annum (mtpa) to Essar Group, a statement said. The Bahrain Steel is the

Bahrain Steel inks pact with Essar Group’s KSA Green to supply iron ore – ET Infra Read More »

Vulcan Steel in talks to raise $2.5 billion for Oman project – ET Infra

Vulcan Steel, a privately held company of industrialist Naveen Jindal, is in talks with export credit agencies (ECAs) of multiple countries to close $2.5 billion in funding for its upcoming green steel plant in Oman, two people aware of the discussions told ET. The plant will be built using funds exclusively from non-bank sources, said

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Need to use more scrap for steel making in decarbonization: Scindia – ET Infra

India is must increase the volume of vehicle scrap used in steel making in a bid to lower carbon emissions, Minister for Steel Jyotiraditya Scindia said Wednesday. Responding to queries from ET, he also said that instances of domestic steel industry facing injury due to imports have been flagged to him. Commenting on the present

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Need to use more scrap for steel making in decarbonization: Scindia – ET Infra

India is must increase the volume of vehicle scrap used in steel making in a bid to lower carbon emissions, Minister for Steel Jyotiraditya Scindia said Wednesday. Responding to queries from ET, he also said that instances of domestic steel industry facing injury due to imports have been flagged to him. Commenting on the present

Need to use more scrap for steel making in decarbonization: Scindia – ET Infra Read More »

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