POSCO launches hydrogen steelmaking plant

POSCO has unveiled a pilot steelmaking plant that runs on hydrogen rather than fossil fuels. This is reported by KED Global. In this way, the South Korean company is moving towards its carbon neutrality ambitions. The pilot plant at the Pohang facility has a production capacity of 24 tons of molten iron per day, emitting

Steel ministry to explore green hydrogen usage

The steel ministry has roped in an in-house consultancy to explore the use of green hydrogen in the direct reduction of iron (DRI) and blast furnaces. Iron and steel is the most emissions-intensive industry and reducing its carbon footprint is vital to the government’s ambitious net zero target. A few months ago, the ministry of

Govt to introduce hydrogen-based process for steel production

Secretary, Ministry of Steel, Nagendra Nath Sinha said that the government is working on introducing a green hydrogen-based process in the steel industry where the iron will be directly reduced with 100 per cent hydrogen, resulting in a sharp reduction in carbon emissions. Addressing the challenge of rising carbon emissions amid growing demand, Sinha pointed

Banle Energy takes part in Tata Steel B24 bio bunker fuel voyage

Banle Energy International Limited, a Hong Kong subsidiary of the Banle Group said it participated in the successful full-laden leg voyage from Gladstone to Paradip undertaken by Tata Steel Group (Tata Steel). The voyage was completed through a collaborative effort, with a 1,000 metric tonnes (mt) B24 biofuel supply provided in partnership with Cargill International

Neste, Outokumpug to work together to decarbonize mining, steel production

Neste and Outokumpu deepen their cooperation to reduce greenhouse gas emissions. Outokumpu will replace the fossil fuels used by its Kemi mine and Tornio steel mill and the contractors on these sites with Neste MY Renewable Diesel™. Outokumpu manufactures the world’s lowest-emission stainless steel. Its goal is to achieve carbon neutrality at its Kemi mine

Indian industry may get impacted by EU carbon tax

Indian industry must understand the diverse impact of the tax and prepare trade and low carbon production strategies to promote exports. The highest tax is on developing countries like India. Steel and aluminium sectors have high emission intensity and hence would attract high taxes. The estimated tax for steel made from the blast furnace route

South Korea ramps up hydrogen technology use in industries

The spread of eco-friendly hydrogen technology is expanding across various industries in South Korea, including steel, power generation, shipbuilding and aviation, as the use of hydrogen offers long-term benefits both environmentally and economically. The use of hydrogen in Korea is expected to increase to produce eco-friendly steel. The challenge now is to develop technologies that

At COP 27 India, China, Brazil, South Africa oppose tax on cement and steel

The European Union has proposed a policy to tax products such as cement and steel, that are extremely carbon intensive, with effect from 2026. With the 27 th edition of the Conference of Parties (COP) in Sharm El Sheikh nearing its final stages and efforts being ramped up to arrive at a conclusive agreement, a

Maersk speeds up transition to net zero steel

A.P. Moller – Maersk has joined SteelZero, a global initiative bringing together forward-looking organisations to speed up the transition to a net zero steel industry. Led by the international non-profit Climate Group in partnership with ResponsibleSteel, organisations that join SteelZero make a public commitment to procure, specify, or stock 100% net zero steel by 2050.

Nine steps for achieving netzero in cement and steel

Cement and steel are essential ingredients of buildings, cars, dams, bridges and skyscrapers. But these industries are among the dirtiest on the planet. Production of cement creates 2.3 billion tonnes of carbon dioxide per year, and making iron and steel releases some 2.6 billion tonnes — or 6.5% and 7.0% of global CO2 emissions, respectively.