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Federal infrastructure projects require US steel
Federally funded infrastructure projects in the United States may only use steel that is melted and poured in the US, the Office of Management and Budget for the Biden administration said in a statement on Monday April 18
April 18, 2022
·
By Lisa Gordon
Insights
Voestalpine to switch to green steel production via EAFs by 2027
Austrian steelmaking group Voestalpine intends to replace coal-fuelled blast furnaces with climate-friendly electric-arc furnaces (EAFs) powered by green electricity at its sites in Linz and Donawitz by 2027, the company said in a press release on Wednesday March 23
March 23, 2022
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By Elina Virchenko
Insights
Brazil at steel decarbonization crossroads; charcoal, gas short-term options
Brazil, a country that already emits less greenhouse gases (GHG) per tonne of crude steel produced than the global average, seeks in charcoal and natural gas a way to take short-term steps on its lengthy decarbonization road, but its legacy integrated steelmaking capacity could be a hurdle
March 21, 2022
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By Renato Rostás
Insights
Schnitzer launches net-zero long steel product line
The brand, called GRN Steel, will offer reinforcing bar, wire rod and merchant bar, Schnitzer announced on Monday March 7
March 8, 2022
·
By the Fastmarkets team
Insights
Traditional blast furnace-based steelmakers need to adapt to remain relevant – Gunung Capital
Steelmakers will need to adapt quickly to the burgeoning decarbonization movement in Asia to remain relevant, Gunung Capital managing partner Kelvin Fu told Fastmarkets in an interview
February 8, 2022
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By Alex Theo
Insights
Sinton caps off southern ‘green steel’ shift
Fastmarkets charts the steady and recently rapid rise of southern steelmaking, and its possible impact on ferrous scrap markets and pricing
February 1, 2022
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By Bill Beck
Insights
Metinvest aiming to cut carbon emissions by 40% by 2040 – reports
Ukraine’s largest national steelmaker, Metinvest, plans to cut its greenhouse gas emissions by 15% by 2030, and by 40% by 2040, according to media reports
January 20, 2022
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By Marina Shulga
Insights
Lack of industry standards for green steel won’t hinder adoption by construction sector: ArcelorMittal
Government purchasing pledges, new products and changing attitudes toward building design are bringing standards closer
December 20, 2021
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By Carrie Bone
Insights
North American steel: The backbone of US infrastructure
With Biden's Infrastructure Investment and Jobs Act finally passed, what lies ahead for the steel markets and supply chains?
December 15, 2021
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By Kimberly Leppold
Insights
China decarbonization could create graphite electrode shortage amid more EAF steelmaking
China’s decarbonization drive could result in increased demand for graphite electrodes amid the global trend toward more steelmaking based on electric-arc furnaces (EAFs), although supply risks may continue in the near term against a backdrop of energy controls, sources have told Fastmarkets
December 8, 2021
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By Sybil Pan, Tianran Zhao
Insights
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