RWE and ArcelorMittal ink major wind farm and green hydrogen deal

A series of new offshore wind farms and hydrogen facilities to supply the renewable energy and green hydrogen required for low-emissions steel production in Germany are set to be built following the signing of a memorandum of understanding between energy company RWE and steel producer ArcelorMittal. In a statement the two firms said the partnership … Read more

Volvo unveils dump truck made from fossil-free steel in ‘world first’

A yellow dump truck has made history as the world’s first commercially-produced vehicle made from fossil-free steel, after manufacturer Volvo handed over the articulated hauler to its customer NCC at a special event in Stockholm this afternoon. The A30G dump truck has been built using steel produced at Sweden’s HYBRIT project, where pioneering trials have … Read more

SteelZero: Volvo Cars, Iberdrola, Siemens Gamesa and Vattenfall join net zero steel pledge

A clutch of major green energy and automotive firms including Iberdrola, Siemens Gamesa, Vattenfall BA Wind and Volvo Cars have today committed to using 50 per cent low emission steel in their manufacturing operations by 2030, having become the latest to sign up to the SteelZero initiative . The four firms, which are all significant … Read more

ArcelorMittal plots $100m-a-year green steel innovation investment fund

ArcelorMittal is aiming to invest up to $100m per year in “transformative technologies” and innovations offering the potential to speed up decarbonisation of the steel sector as part of a new green steel innovation fund launched last week. The steelmaking giant said the XCarb Innovation Fund would also provide start-ups with “advice and expertise in … Read more