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News
Hyundai breaks ground on Louisiana steel mill. Is it green enough?
1+ hour, 38+ min ago (744+ words) Hyundai is set to break ground in southern Louisiana this week on a nearly $6 billion steel mill, which may become the lowest-carbon facility of its kind in the U.S. On Friday, the Korean industrial giant will hold a ceremony at the…...
A year after US Steel was sold, communities push for clean investment
2+ mon, 4+ day ago (915+ words) A year ago this month, Japan’s Nippon Steel acquired U.S. Steel, promising to plow $14 billion into America’s legendary but long-declining steel industry. The hard-fought deal was controversial and highly politicized. But for residents in historic steel communities, like those in…...
Hyundai’s new steel mill sparks hopes and fears in Louisiana
2+ mon, 1+ week ago (1728+ words) Allow marketing cookies to load the newsletter signup form. On a drizzly March day last year at the White House, President Donald J. Trump stood behind a podium to make a “beautiful announcement.” Hyundai, the Korean industrial giant, was investing nearly…...
Europe’s quest for green steel
3+ mon, 3+ week ago (998+ words) Paul Tullis has reported from 22 countries on five continents on science, technology, the environment, and their intersections for The New York Times, National Geographic, Scientific American, Bloomberg, Wired, and others. He lives in Amsterdam. When renewable electricity powers the hydrogen…...
Green steel is the way forward for Indiana, former steelworkers say
5+ mon, 21+ hour ago (1215+ words) Remell Bryant fed steel coils into the “cold strip” as a way to support her daughter as a single mother. Valerie Denney worked on the “pickle line,” removing impurities from hot steel, before shifting to a career in public relations....
Stegra lands funding to complete world’s first major green-steel mill
4+ mon, 2+ week ago (633+ words) Stegra has secured the financing needed to complete its flagship green-steel mill in northern Sweden. The company, formerly H2 Green Steel, said it landed 1.4 billion euros ($1.65 billion) in capital from a group of new and existing investors led by Sweden’s prominent…...
Green steelmaker Boston Metal to cut jobs following equipment failure
6+ mon, 1+ week ago (499+ words) Green-steel startup Boston Metal has suffered a major setback following an industrial accident at its facility in Brazil. The Massachusetts-based company announced it will lay off 71 people in the U.S. after the incident at its Brazilian plant last month thwarted a…...
New EU carbon tariff pushes India toward green steel
7+ mon, 1+ week ago (591+ words) Since emerging as the world’s No. 2 producer of steel eight years ago, India has ramped up its exports to Europe. By some estimates, upwards of 60% of the country’s steel exports now head to the European Union. But India’s steelmakers are…...
Why automakers are the key to cleaner steelmaking
7+ mon, 1+ week ago (653+ words) Primary steel, the strongest and most durable form of the metal, is typically also the dirtiest kind. That’s because the most common way to forge it begins with producing iron in coal-fired blast furnaces. Now, for the first time, a…...