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𝗢𝘂𝘁𝗼𝗸𝘂𝗺𝗽𝘂 𝘁𝗼 𝗿𝗲𝗹𝗲𝗮𝘀𝗲 𝗮 𝘄𝗵𝗶𝘁𝗲 𝗽𝗮𝗽𝗲𝗿 𝗼𝗻 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝘀𝘁𝗲𝗲𝗹 – 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗰𝗹𝗼𝗰𝗸 𝗶𝘀 𝘁𝗶𝗰𝗸𝗶𝗻𝗴 𝗳𝗼𝗿 𝘀𝘁𝗲𝗲𝗹 𝗮𝘀 𝗴𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝘀 𝗽𝘂𝘁 𝘁𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗶𝗻𝘁𝗼 𝘀𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁 Outokumpu to release a #whitepaper on the #future of #steel – climate clock is ticking for steel as #geopolitics put the #industry into spotlight The #greentransition is one of the primary #drivers of industrial #transformation in the 21st century. In 2023, the #steelindustry, both #carbon and #stainless, reached a #marketvalue of $928 billion, producing ~2 billion tons of steel. Currently, the steel industry accounts for 10% of global #greenhousegas emissions – yet our society will require significant amounts of energy and steel also in the future. By 2050, steel industry #emissions need to be reduced by 90% compared to 2022 levels, a monumental change that requires a deep transformation of steel actors from around the world. How does the future of steel — both for carbon and stainless — look like? The report identifies five critical shifts for leading the industry into a new era — going beyond green, towards everlasting; 🟢 SHIFT 1. The focus is on carbon, for now 🟢 SHIFT 2. A hotter (geopolitical) climate 🟢 SHIFT 3. On the brink of full circularity 🟢 SHIFT 4. Manufacturing the demand 🟢 SHIFT 5. Aesthetics of the future The #report includes #insights drawn from #interviews with key #stakeholders, primarily at the C-level, across the steel industry #valuechain. The download link of the white paper and executive summary is below https://lnkd.in/dZvAqzji

"A diamond is a piece of coal that stuck to the job." 💎 This week was a testament to the power of preparation and #partnership. Our team had an incredibly #productive call with a potential client—twice the time we expected! Their team was engaged and impressed with the innovative tools we presented, signaling potential shifts from their current partnerships. In the same stride, new doors are opening as we connect with #strategic partners and consulting firms. Our ambition is clear: we want to not only participate in global markets but #lead them. Yet, amidst these exciting developments, our internal journey of growth and #hiring continues. Just as a diamond forms under pressure, we, too, are refining our team. I'm reminded of Michael Larsen's words, "A diamond is a piece of coal that stuck to the job." Pressure shapes us, tests our mettle, and ultimately, reveals our capacity to shine. Embrace the #challenge, embrace the #growth. How have you turned your pressures into #milestones? What challenges have sculpted your career, transforming #potential into achievement? I invite you to share your stories and insights. 👇

For over 72 years, Belzona polymeric technology has helped numerous asset owners across a myriad of industries to not only make seismic financial savings, but this technology has also enabled them to considerably mitigate their carbon footprints as well. 💰🌱 To learn more about how Belzona technology plays an important role in the arsenal of decarbonisation strategies, read our latest white paper - Cutting Costs and Carbon Footprints with Belzona Polymeric Technology 🔧📈 https://lnkd.in/esX-Wjud #Belzona #WhitePaper #Decarbonisation #CarbonFootprint 

The Significance of ArcelorMittal’s Research Facilities: Driving Innovation in Steel Production https://lnkd.in/dNmFgdhG In the ever-evolving steel industry, research and development (R&D) play a crucial role in maintaining competitive advantage and driving technological advancement. ArcelorMittal, a global leader in steel production, invests significantly in its research facilities to pioneer innovations and address the challenges of modern steelmaking. This article explores the significance of ArcelorMittal’s research facilities and how they contribute to the company’s success and the broader steel industry. 1. Driving Technological Innovation ArcelorMittal’s research facilities are at the forefront of technological innovation in the steel industry: Advanced Steel Products: The facilities focus on developing new steel products with enhanced properties, such as... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks

ArcelorMittal’s Strategy for Managing Technological Advancements in Steelmaking https://lnkd.in/df_U54ir In the rapidly evolving world of steelmaking, staying ahead of technological advancements is essential for maintaining a competitive edge and driving industry progress. ArcelorMittal, a global leader in steel production, is renowned for its proactive approach to managing technological innovations. This article explores how ArcelorMittal navigates technological advancements in steelmaking, highlighting its strategies, research initiatives, and commitment to innovation. 1. Investing in Research and Development ArcelorMittal places significant emphasis on research and development (R&D) to drive technological advancements in steelmaking: Innovation Centers: The company operates state-of-the-art innovation centers worldwide. These facilities are dedicated to exploring new technologies, improving existing processes,... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks

🏭 𝗢𝗽𝘁𝗶𝗺𝗶𝘇𝗶𝗻𝗴 𝗔𝗹𝘂𝗺𝗶𝗻𝘂𝗺 𝘀𝗺𝗲𝗹𝘁𝗲𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗰𝗼𝘀𝘁𝘀 𝘄𝗵𝗶𝗹𝗲 𝗲𝗻𝗵𝗮𝗻𝗰𝗶𝗻𝗴 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 🏭 𝗖𝗹𝗶𝗲𝗻𝘁 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲: 𝗥𝗲𝗶𝗻𝘃𝗲𝗻𝘁𝗶𝗻𝗴 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗳𝗼𝗿 𝗙𝘂𝘁𝘂𝗿𝗲 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲𝗻𝗲𝘀𝘀  As a long-standing technological leader in aluminum smelters, our client faces the imperative to innovate and maintain its competitive edge, both in greenfield projects and revamps. With a primary goal of reducing CAPEX by approximately 20%, the project also targets significant improvements in energy and environmental performance. 𝗢𝘂𝗿 𝗖𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻: 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗚𝗿𝗼𝘄𝘁𝗵  Within a complex, multi-continental, and multicultural organization, IAC is tasked with defining and structuring an innovative approach to generate breakthroughs and foundational optimizations for our client's future offerings. 𝗞𝗲𝘆 𝘀𝘁𝗲𝗽𝘀 𝘁𝗮𝗸𝗲𝗻: 🛠️𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗦𝗲𝘁𝘂𝗽 𝗮𝗻𝗱 𝗗𝗮𝘁𝗮 𝗖𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗼𝗻: We helped set up the project team, conducted a comprehensive situational analysis, clarified and quantified objectives, and consolidated input data for analysis. We defined six strategic focus areas to address all cost aspects of a smelter, from carbon cycle to metal cycle. 🤝𝗖𝗿𝗲𝗮𝘁𝗶𝘃𝗲 𝗪𝗼𝗿𝗸𝘀𝗵𝗼𝗽𝘀: We facilitated creativity sessions focused on challenging paradigms. We combined structured functional approaches with open innovation tools such as marathons and external benchmarks. ⚙️𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗙𝘂𝘁𝘂𝗿𝗲 𝗖𝗼𝗺𝗺𝗶𝘁𝗺𝗲𝗻𝘁: We combined generated ideas to create comprehensive scenarios quickly transferable to projects. We defined optimization axes and ensured future commitment through team engagement sessions. 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻: IAC's support facilitated the successful execution of the process while ensuring cohesion among different sites, resulting in the generation of promising ideas and scenarios. This project's initial phase concluded with a plenary session where teams ranked the feasibility of proposed optimization axes, ensuring their commitment to future actions. 𝑅𝑒𝑎𝑑𝑦 𝑡𝑜 𝑖𝑛𝑛𝑜𝑣𝑎𝑡𝑒 𝑎𝑛𝑑 𝑑𝑟𝑖𝑣𝑒 𝑡𝑟𝑎𝑛𝑠𝑓𝑜𝑟𝑚𝑎𝑡𝑖𝑣𝑒 𝑐ℎ𝑎𝑛𝑔𝑒 𝑖𝑛 𝑦𝑜𝑢𝑟 𝑖𝑛𝑑𝑢𝑠𝑡𝑟𝑦? 𝐿𝑒𝑡'𝑠 𝑐𝑜𝑛𝑛𝑒𝑐𝑡 𝑎𝑛𝑑 𝑒𝑥𝑝𝑙𝑜𝑟𝑒 𝑜𝑝𝑝𝑜𝑟𝑡𝑢𝑛𝑖𝑡𝑖𝑒𝑠 𝑓𝑜𝑟 𝑦𝑜𝑢𝑟 𝑏𝑢𝑠𝑖𝑛𝑒𝑠𝑠 𝑔𝑟𝑜𝑤𝑡ℎ 𝑡𝑜𝑔𝑒𝑡ℎ𝑒𝑟. #Innovation #Sustainability #CostEfficiency #DesignToCost #Optimization #ConsultingExcellence #AluminumIndustry 

There is much to unpack in this photo. From the outside looking in, it could appear as a simple business lunch. Yet similar to the onion on my bagel and lox, it has many layers. The team at Greenway Steel found me online almost a year ago and crazy enough this was our first time meeting in person. It's a great example of how #digitalmarketing (especially on this platform) is a new form of #networking. Gary Brudner saw a post I made about traveling to #Houston for the Fastmarkets Metals and Mining Scrap and Steel North America 2024 conference and reached out to set up a time to catch up. One of my favorite aspects to this new adventure is connecting folks within (and outside of) our industry. Networking isn't always about a business opportunity. It can bring a new connection, mentorship, friendship and / or new information (like the lack of trees in a certain #Texas city). Many within our industry are hesitant to utilize the online tools at our fingertips. Yet, here we are with case after case of proof how being online helps grow your business and reach the #nextgeneration. (If you're an ISRI member, sign up for the networking webinar next month.) To April Groeschell, Emily Watkins, Randy Charles and Gary Brudner, I wish you much continued success and it was wonderful catching up with y'all at the Fastmarkets Metals and Mining Scrap and Steel North America 2024 conference in #Houston this week. #fastmarketsssna #scrap #steel #carbonfootprint #recycledmaterials #scraptrader #recycledmedia Recycled Media

#IndustryInsider: The Strength of Basalt Fibers Did you know basalt fibers are gaining traction as a sustainable alternative to traditional materials like fiberglass and carbon fiber? 🌍 Derived from volcanic rock, basalt fibers offer impressive strength, chemical resistance, and durability—making them ideal for high-performance applications in industries like aerospace, construction, and automotive. 💡 Why Basalt Fibers? ✅ High thermal resistance ✅ Environmentally friendly and recyclable ✅ Exceptional strength-to-weight ratio Whether you're building bridges or developing cutting-edge composites, basalt fibers are leading the way for sustainable innovation. Explore how basalt fibers can transform your next project: https://bit.ly/3XwBOtd #SustainableMaterials #AdvancedComposites #AerospaceInnovation #BasaltFibers #ReadeAdvancedMaterials

ArcelorMittal’s Strategy for Managing Technological Advancements in Steelmaking https://lnkd.in/df_U54ir In the rapidly evolving world of steelmaking, staying ahead of technological advancements is essential for maintaining a competitive edge and driving industry progress. ArcelorMittal, a global leader in steel production, is renowned for its proactive approach to managing technological innovations. This article explores how ArcelorMittal navigates technological advancements in steelmaking, highlighting its strategies, research initiatives, and commitment to innovation. 1. Investing in Research and Development ArcelorMittal places significant emphasis on research and development (R&D) to drive technological advancements in steelmaking: Innovation Centers: The company operates state-of-the-art innovation centers worldwide. These facilities are dedicated to exploring new technologies, improving existing processes,... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks