The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in 2026. As of 2023, nearly 2 billion metric tons of it were being produced ...

Could 2026 be the year the private sector strikes back to help the Australian steel industry to stand on its own two feet?

The manufacture of "green steel" moved one step closer to reality Friday as Massachusetts-based Boston Metal announced a $120 million investment from the world's second-largest steelmaker, ...

With more than $350 million in venture funding and a new factory in Brazil, Boston Metal looks to scale up production of its green method for making steel. If steel were a country, it would be the ...

President Trump's 25% tariffs on steel and aluminum are expected to benefit Cleveland-Cliffs, Nucor, and US Steel, with Cliffs poised for the largest gains. Cleveland-Cliffs' vertical integration, ...

Cleveland-Cliffs and U.S. Steel have a long history of making steel using blast furnaces. Steel makers Nucor and Steel Dynamics both use electric arc furnaces. The world needs blast furnaces to make ...

Steelmakers around the world hope to decarbonise by changing the way they pluck oxygen from iron-oxide ores. This is done using either carbon monoxide (CO) derived indirectly from coke in a blast ...

Steel is essential in today’s economy. It’s in everything from cars and buildings to medical equipment and wind turbines. But making steel from scratch is not great for the climate. At least not the ...

When President Biden visits the Port of Baltimore on Friday, he and Maryland Gov. Wes Moore should announce that steel from the wreckage of the Francis Scott Key Bridge will be recycled into the bones ...