Industeel’s Post

Leading the future... 🌳 🌍🚀 "Demand from customers for the fully verified carbon footprint of steel products is soaring. Across all sectors customers are requiring ever more granular detail on their supply chains, in order to deliver on their Net Zero and sustainability targets. This increased understanding is contributing to nothing less than a revolution in reducing the carbon impacts of steel products." Click Below to read the rest of this this just released newsletter by Anne-Laure Hettinger, head of Sustainability, ArcelorMittal Global R&D and for further details in the UK contact our team at Birkenhead (Flat) or Scunthorpe for Sections. #sustainability #arcelormittaldistribution #xcarb https://lnkd.in/e-c2kDh8

ArcelorMittal is planning a radical transformation of its steelmaking plant in Fos-sur-Mer, France. The company has announced that it will move away from the traditional blast furnace method of steel production to electric furnaces in recent years. This will be accomplished by commissioning electric furnaces by 2027 and completely decommissioning two blast furnaces by 2030. This strategic move is part of ArcelorMittal's sustainability and carbon footprint reduction efforts. One of the company's latest steps to reduce carbon emissions is the commissioning of a scoop furnace at its facilities. This advanced technology plays an important role in the carbon capture and storage process and aims to increase production efficiency. The two new boilers in particular stand out with a capacity of 330 tons each. Once this transformation is complete, the plant's scrap steel utilization is expected to increase five-fold. This will allow more recycled materials to be used in the production process and reduce carbon emissions by around 10%.

Decarbonization and energy reduction is important issue to be addressed to achieve sustainable steel making. An efficient EAF is certainly becomes one of the viable green steelmaking solution. ABB is ready to help you by our solution called: ArcSave, a proven solution of Electromagnetic Stirrer for EAF that can improve EAF process efficiency, and provides more flexibility to charge various types of materials. See the complete report below to understand what ABB solution offers in green steel area.

ArcelorMittal 𝘀𝘄𝗶𝘁𝗰𝗵𝗲𝘀 𝘁𝗼 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗳𝘂𝗿𝗻𝗮𝗰𝗲𝘀 𝘁𝗼 𝗿𝗲𝗱𝘂𝗰𝗲 𝗰𝗮𝗿𝗯𝗼𝗻 𝗲𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 𝗮𝘁 𝗙𝗼𝘀-𝘀𝘂𝗿-𝗠𝗲𝗿 𝗽𝗹𝗮𝗻𝘁 The company has announced that it will move away from the traditional blast furnace method of steel production to electric furnaces in 2022. This will be accomplished by commissioning #electric #furnaces by 2027 and completely decommissioning two #blast #furnaces by 2030. This strategic move is part of ArcelorMittal's sustainability and #carbon #footprint reduction efforts. One of the company's latest steps to reduce carbon emissions is the commissioning of a scoop furnace at its facilities. This advanced technology plays an important role in the carbon capture and storage process and aims to increase production efficiency. The two new boilers in particular stand out with a capacity of 330 tons each. Once this transformation is complete, the plant's scrap steel utilization is expected to increase five-fold. This will allow more recycled materials to be used in the production process and reduce carbon emissions by around 10%. ArcelorMittal's initiative is an important example of the #green #transformation not only of the company, but also of the steel industry in general. The switch to electric furnaces is part of a growing trend in the industry towards lower-carbon production processes. https://lnkd.in/dSd_p_pk

World’s first industrial plant that recycles CO2 emissions from steel production is underway 🏭 Currently, steel is one of the most carbon intensive (and polluting) industries on our planet. It sits right there next to oil and gas, agriculture and fashion. For every ton of steel produced, around 1.8 tonnes of CO2 is released 🏭 But decarbonisation has been a real challenge for this industry so far. Mainly due to a lack of innovative technology and complexities involved. This is about to change with low-carbon steel production. ArcelorMittal along with Mitsubishi Heavy Industries (MHI) and climate tech company, D-CRBN has started an industrial trial plant to test a pioneering technology that can recycle CO2 emissions from steel production. Green steel offers a viable path to decarbonising the steel and automotive industry in Europe 🚆🚙 When it comes to decarbonisation, ArcelorMittal isn’t backing away from achieving its climate targets either. The steel giant aims for 35% reduction in CO2 emissions from its European operations by 2030. It also employs a strategy of ‘smart carbon’ steelmaking — which uses circular carbon in the blast furnace, carbon capture and storage (CCS) technologies. With these new technologies popping up, the future of green steel looks promising. In the next few years, we will see major industries adopting green steel to meet regulatory demand and boost their sustainability credentials. One thing is for certain: low-carbon green steel is here to stay 🌱 What do you think? 💭 . . . #sustainability #netzero #greensteel #steel #recycling #lowcarbon

Leading the Green Revolution: The Most Sustainable Steel Companies to Watch https://lnkd.in/dGN2JVZr As the global focus on environmental sustainability intensifies, the steel industry is undergoing a transformation. Traditionally known for its significant carbon footprint, the sector is now embracing greener practices and innovations to reduce its impact. This article explores the most sustainable steel companies making strides in eco-friendly production, highlighting their approaches, achievements, and future outlook. 1. ArcelorMittal a. Commitment to Sustainability Carbon Reduction Targets: ArcelorMittal, one of the world’s largest steel producers, has committed to achieving net-zero carbon emissions by 2050. The company is investing in advanced technologies such as hydrogen-based steel making and carbon capture and storage (CCS) to... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks

What does the journey to fossil-free steel look like? Steelmaking is undergoing a historic transformation – and one that requires collaboration at all levels in the global steel supply chain to be successful. Download ABB's report to explore how the world is reimagining steelmaking for a more sustainable future: https://lnkd.in/e8W3RJDg #Metals #Steelmaking #Sustainability #ABB #ProcessIndustries 

Steel is a fundamental material in construction, manufacturing, and numerous other sectors. However, as the shift towards a low-carbon future gains momentum, the steel industry faces growing pressure from regulators, customers, and investors to decarbonize. As a result, the demand for low-carbon steel products is rising rapidly. Our new report, Shaping the future of sustainable steel: Lessons from Europe's steel industry, delves into the technological advancements, market dynamics, and regulatory frameworks that are critical for achieving a sustainable and low-carbon steel industry. Download your copy of the report to learn about new market opportunities and the financial benefits of adopting more sustainable practices: https://lnkd.in/dqhrj-W8 We would like to extend our thanks to our interviewees (Hugo Da Gama Campos at ArcelorMittal, Nick Coleman at Tata Steel UK, Oliver Grewatsch at ThyssenKrupp Materials Services, and Serge Timmermans at MCB Group) for sharing their time and insights with us. #GreenSteel #Decarbonization #SustainableSteel #Steel

The steel industry accounts for approximately 7% of global CO2 emissions. The U.S. Inflation Reduction Act (IRA) domestic content bonus credit is available to taxpayers that certify their qualified facility, energy project, or energy storage technology was built with certain percentages of steel, iron, or manufactured products that were mined, produced, or manufactured in the U.S.  Going beyond domestic manufacturing, if embedded emissions in your energy projects and technologies are of concern to your business, then take a look at DNV's latest research on sustainable steel to gain some lessons learned from Europe's steel industry.

🍀 How will greener steel production revolutionize the industry and other sectors?  The demand for low-carbon, green steel is rising. Technological innovation, massive investments, and independent verification are paving the way. With increasing pressure from regulators, customers, and investors, the steel sector must act now. But how do we build trust? By setting clear standards, verifying emissions claims, and ensuring transparency across the entire value chain.  Discover how the industry can lead the charge in the fight against climate change by downloading our new report: https://lnkd.in/d684Dz7b    #GreenSteel #Decarbonization #SustainableSteel #Steel DNV #DNV DNV - Supply Chain & Product Assurance