With the world paying more attention to renewable power and decarbonization, huge investments have been put into grid infrastructure and technology
Attendees of Fastmarkets’ 37th annual Steel Success Strategies conference - June 5-7 in Miami Beach, Florida - discussed an array of topics, from short-term trends to long-term ambitions to make the industry green. Here are five key takeaways
Willingness to pay for steel that advances decarbonization and sustainability goals is gaining ground, suggesting that premium pricing for green steel could be implemented and marking a turnaround from views in the recent past, according to leading service center executives
Additional premiums for low-carbon ‘green steel’ are still a niche market, but will they become the norm in the next three-to-10 years? The answer is yes, according to the expert panelists at Fastmarkets’ International Iron Ore conference in Düsseldorf, Germany, in early June
The automotive industry is ready for a green steel premium, steel industry leaders said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, noting that end users will have to bear that cost
Cleveland-Cliffs reported it has made progress toward reducing its carbon emissions per short ton of steel produced, according to a 2021 sustainability report the company released in May
There has been an evolution in US steelmakers’ raw material strategy in the past several years, with mills pivoting from an effort to randomly own as many tons as they could to becoming more vertically integrated and owning material that can feed their meltshops
The 2022 Singapore Steel Forum, located in the plush surroundings of the iconic Marina Bay Sands hotel, provided the ideal setting for market participants to discuss the hottest steel topics of the day last week
Steel industry leaders in the United States announced at a press conference on Tuesday, May 17, that renewable energy sources hold the key to bringing already-green electric-arc furnaces (EAFs) to carbon neutrality
Nucor is targeting new sustainable energy sources - including wind, solar and nuclear - to help reduce its greenhouse gas (GHG) emissions and meet its sustainability goals, chairman and chief executive officer Leon Topalian stated during the company’s investor conference call on Thursday, April 21
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