The steel industry has long been recognized as one of the most carbon-intensive sectors in the global economy. Responsible for approximately 7% of global carbon emissions, traditional steel production methods have raised significant environmental concerns.
As the world grapples with the urgent need to address climate change, industries are under increasing pressure to reduce their carbon footprints. Among these industries, steel production is particularly notable, as it accounts for approximately
Artificial Intelligence (AI) is making significant waves across various sectors, and the steel industry is no exception. As a cornerstone of global manufacturing, the steel industry faces numerous challenges, including fluctuating demand, rising production costs,
PARIS – They hold modern life together in everything from airplane parts to apartment blocks, but steel, concrete and aluminium come with a hefty climate cost that the world could be paying for decades. Heavily
Singapore — China’s efforts to approve new infrastructure projects and accelerate construction remained strong in July which, combined with fiscal stimulus measures in recent months, looks set to help steel demand from the infrastructure sector
Singapore — China has been speeding up infrastructure project approvals this year in a bid to support an economy still impacted by the coronavirus pandemic, with work on most projects starting in the second half
Credit: ArcelorMittal ArcelorMittal MT.LU on Thursday outlined plans and costs for steelmaking processes that produce less carbon, but also called for investment support from European Union states as well as carbon border taxes. Europe’s steelmakers