Steel produced by electric arc furnace (EAF) steelmakers in the U.S. has a carbon intensity that is approximately 75 percent lower than traditional blast furnace steelmakers, according to the results ...
San Francisco-based environmental research firm Global Energy Monitor (GEM) says a global switch from blast furnace/basic oxygen furnace (BOF) steelmaking to the scrap-fed electric arc furnace (EAF) ...
Algoma Steel (ASTL) announced Thursday that it has awarded GE Gas Power, a unit of General Electric (GE), a contract for an upgrade to its natural gas combined cycle power plant, including the ...
SAULT STE. MARIE, Ontario, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel ...
DUBLIN--(BUSINESS WIRE)--The "Global Electric Arc Furnace (EAF) Stainless Steel Market (2023 Edition): Analysis By Value and Volume, Type (AC, DC), Capacity Tons (<100, 100-200, 200-300, 300-400, >400 ...
BOULDER, Colo.--(BUSINESS WIRE)-- Electra, a green iron company, announced it has partnered with Nucor Corporation (NYSE: NUE), the largest steel producer in the U.S. Through this partnership, Electra ...
Decarbonisation efforts are now being ramped up across the globe, and as countries begin to implement new export restrictions to meet their key net zero goals, ferrous scrap is rapidly becoming a ...
Shares of HEG and Graphite India jumped sharply on Thursday as Europe’s upcoming carbon border tax revived the investment ...