Green steel

Green steel

Big steel buyers make a request for 1M tons of green steel

At Climate Week NYC, tech giants and real estate firms announced a new initiative asking steelmakers to deliver near-zero-emissions metal.

By Maria Gallucci . 24 September 2024
Green steel

Big green steel project in Ohio is on again after CEO waffles

After raising doubts, Cleveland-Cliffs says it’s still pursuing a federal $500M award. The flip-flop points to the challenges of cleaning up the steel industry.

By Maria Gallucci . 19 September 2024
Green steel

Nippon Steel's troubled merger with U.S. Steel has climate problems too

It’s possible to produce steel in a more climate-friendly way, but neither company seems ready to adapt.

By Gautama Mehta . 17 September 2024
Clean energy

Decarbonizing steel and concrete: “We’re in the age of urgency”

Climate Group's Jen Carson talks to Canary Media ahead of Climate Week NYC about the need to accelerate net-zero steel and concrete production.

By Maria Gallucci . 22 August 2024
Green steel

Chart: Steelmaking is starting to go electric

The majority of newly announced steel capacity in 2023 planned to use lower-emissions electric arc furnaces, but the dirty industry has a way to go to clean up.

By Dan McCarthy, Carrie Klein . 26 July 2024
Green steel

Cleaner steelmaking is actually starting to happen

A new report is “cautiously optimistic” about global efforts to decarbonize iron and steel production. But a rise in coal-based steelmaking threatens that progress.

By Maria Gallucci . 17 July 2024
Climatetech finance

This MIT-backed fund wants to solve the toughest climate problems

The Engine Ventures just raised $400M to help fill the vast funding gap for “tough tech” companies, including firms working to decarbonize heavy industries.

By Maria Gallucci . 27 June 2024
Green steel

How much clean energy does it take to make green steel?

The Biden administration is backing two projects that use clean hydrogen, not coal, to make iron. A new analysis estimates just how much renewable energy those facilities will need.

By Maria Gallucci . 22 May 2024
Green steel

Now Form Energy is using its battery tech to clean up iron and steel

The energy storage startup is adapting its iron-air battery technology to make low-carbon iron, a key input for decarbonizing the steel industry.

By Julian Spector . 21 May 2024
Green steel

US awards $28M for cutting-edge tech to clean up iron and steel

The DOE picked Electra, Limelight Steel, and other teams that are working to slash steel’s emissions. Experts say their innovations are crucial but still far off.

By Maria Gallucci . 18 April 2024