(IN BRIEF) Business Finland has granted €20 million to SSAB to support a five-year research and development program aimed at advancing fossil-free steel production and low-carbon materials. The initiative, Sustainable World through Steels, will bring together over 200 partners across … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Metals and Minerals, Technology
Tagged advanced materials, Business Finland, Business Finland Backs SSAB’s Strategic Initiative to Build Collaborative Ecosystem for Low-Carbon Steel Solutions, circular economy, decarbonization, digital supply chain, electric steelmaking, EU funding, export growth, Finland, fossil-free steel, industrial ecosystem, industrial innovation, low-carbon steel, Nordic Region, research and development, SSAB, SSAB Launches Multi-Partner Research Program with Public Funding to Advance Decarbonized Steel Production, Steel Industry, steel production, sustainability, Sustainable World through Steels, Tony Harris
(IN BRIEF) Outokumpu has welcomed the European Commission’s proposal for the Carbon Border Adjustment Mechanism, describing it as a vital policy tool for preventing carbon leakage and supporting Europe’s climate goals. With CBAM set to begin in 2026, the company … Read the full press release
Posted in Business, Environment, European Union, Finland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged anticircumvention measures, Carbon Border Adjustment Mechanism, carbon leakage, CBAM, chromium mine EU, climate regulation Europe, downstream steel products, ETS, EU climate policy, EU Emissions Trading System, European Commission, European Steel Industry, ferrochromium benchmarks, Heidi Peltonen, Industrial Decarbonization, low-carbon steel, Outokumpu, Outokumpu Urges Broader Scope and Tighter Safeguards as EU Advances Carbon Border Mechanism, recycled steel, scope 2 emissions, sustainable stainless steel, Temporary Decarbonization Fund, VP Sustainability
(IN BRIEF) Metso has inaugurated its Circored™ pilot plant in Frankfurt to accelerate the shift toward fossil-free steelmaking. The facility operates using hydrogen as the sole reducing agent in a nearly carbon-free process that integrates heating, reduction, gas cleaning, and … Read the full press release
Posted in Business, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Metals and Minerals, News, Technology
Tagged 'Metso Plus', Circored, Circored pilot plant opens in Germany as Metso drives hydrogen-based solutions for low-carbon steelmaking, decarbonization, Direct Reduced Iron, DRI, DRI Smelting Furnace, fossil-free steelmaking, Frankfurt, Germany, green steel technologies, hydrogen reduction, hydrogen steel, Hydrogen-powered Circored process tested at new Metso pilot plant to support commercial-scale fossil-free steel, low-carbon steel, Metso, Metso strengthens position in sustainable steel technologies with launch of Circored pilot facility, Parizat Pandey, partnership, pre-reduction pilot plant, sustainability
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