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 ...

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 ...

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 ...

NEW DELHI/BEIJING, July 20 (Reuters) - India's plans to build out coal-powered steelmaking capacity will quadruple emissions from 2021 to 2050 unless it takes significant steps to meet its 2070 net ...