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Baosteel to supply green steel for Beijing Benz from 2023
Baoshan Iron & Steel (Baosteel) will begin to supply steel made with sharply reduced carbon emissions to Beijing Benz Automotive (BBAC) from next year, the Chinese steel giant said on Tuesday November 22
November 22, 2022
·
By Zihuan Pan
Insights
Steelmakers call for common standard to meet emissions goals
To achieve a decarbonized steel industry by 2050 and meet consumer demand for “green” steel products, an international group of steelmakers has urged the United States and EU to adopt a global emission standard to support the transition to low-emission steel
November 21, 2022
·
By Mark Burgess
Insights
CMC’s Barbara Smith answers seven questions on the US steel scrap market
The steel scrap market is undergoing a monumental shift as the pull of decarbonization, growing market consolidation and supply shortages propel steel scrap into 'hot' commodity status
November 16, 2022
·
Insights
COP27 produces plans for more support for green steel, hydrogen energy transition
Governments of countries which are responsible for half of the global gross domestic product (GDP) outlined new targets for the previously agreed Breakthrough Agenda, a 12-month action plan to accelerate the drive toward decarbonization, delegates heard on Friday November 11 at the United Nations’ COP27 climate change conference in Egypt
November 15, 2022
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By India-Inés Levy
Insights
Premiums constrain green steel’s wider adoption
The acceptance of green steel so far has been limited by competitive market forces, but it is likely to remain a fundamental focus in the industry, according to market participants
November 11, 2022
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By Robert England
Insights
ResponsibleSteel CEO pleased with industry drive toward environmental goals
ResponsibleSteel chief executive officer Annie Heaton wrapped up a day-long Forum III conference and marveled at how far the steel industry has come in a five-year span
November 3, 2022
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By Mark Burgess
Insights
European steel and aluminium sectors call for cautious implementation of carbon import levy
Trade body European Aluminium and the European steel association, Eurofer, have teamed up with other sectors facing a proposed carbon levy on imports, to call for a gradual implementation of the new regulations supporting the EU's transition to climate neutrality by 2030
November 1, 2022
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By Holly Chant
Insights
Ford seeks green steel supplies from Tata Steel, Salzgitter, Thyssenkrupp
Steel producers Tata Steel Netherlands, Salzgitter Flachstahl and Thyssenkrupp Steel Europe will supply carmaker Ford’s Europe division with low-carbon steel for its future vehicles, the car company said on Tuesday October 25
October 26, 2022
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By Holly Chant
Insights
Slowing flows could limit ferrous scrap downside: SDI
The top executive at Steel Dynamics Inc (SDI) said that a slowdown in inbound ferrous scrap may put the brakes on further big drops in prices
October 26, 2022
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By Lisa Gordon
Insights
Crunch time coming for talks on EU metal scrap export restrictions
Looming changes in the regulatory environment could have a significant effect on EU metal scrap exporters, panelists said at last week’s Bureau of International Recycling (BIR) conference in Dubai
October 24, 2022
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By Lee Allen
Insights
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