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steel sector

The global transition towards renewable energy sources in critical sectors like industry, transportation, and agriculture has hit a snag in 2023.

Globally Renewable Energy Growth Stalls In Key Sectors

2024-06-03
By: Sanjeev
On: June 3, 2024

The global transition towards renewable energy sources in critical sectors like industry, transportation, and agriculture has hit a snag in 2023. A report by the Paris-based REN21 group identifies severalContinue Reading

ArcelorMittal

ArcelorMittal Will Use Green Hydrogen For Steel Making

2022-07-04
By: Vartika
On: July 4, 2022

Steel production is a filthy industry. Every ton produced emits around 2 tons of CO2. Because the steel sector produces over 2 billion tons of steel each year, that isContinue Reading

sprng energy

ArcelorMittal Eyeing Sprng Energy To Green, Steel Manufacturing

2022-02-08
By: Sanjeev
On: February 8, 2022

ArcelorMittal has entered a bidding war with Shell, Adani Group, Singapore’s Sembcorp Energy, and Canadian pension fund CPPIB to purchase Sprng Energy, Actis’ India subsidiary. This might be the firstContinue Reading

Steel

Decarbonizing Steel – Top Lenders Come Up With A Financial Plan

2021-06-02
By: Vartika
On: June 2, 2021

Several top lenders to the steel sector — Citi, Goldman Sachs, ING, Societe Generale, Standard Chartered, and UniCredit — have come together to define common standards of action for steelContinue Reading

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