13,744.64 TRY BIST 100 BIST 100
6.84 CNY CNY CNY
53.24 EUR EUR EUR
46.15 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
101.55 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
101.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

$150 million carbon capture initiative launched at U.S. Steel’s Indiana facility

CarbonFree, based in San Antonio, Texas, has announced a new $150 million project at U.S. Steel’s Gary Works in Gary, Indiana, set to be completed by 2026. The project plans to capture 50,000 metric tons of carbon dioxide each year from the plant, which emits about 10 million metric tons of CO2 annually.

$150 million carbon capture initiative launched at U.S. Steel’s Indiana facility

The goal is to transform this captured CO2 into precipitated calcium carbonate (PCC), a valuable product used in various industries, including construction and pharmaceuticals.

Using its proprietary SkyCycle technology, CarbonFree will convert CO2 emissions and calcium from steelmaking byproducts into PCC. This approach is a shift from traditional carbon capture methods that rely heavily on government subsidies and focus mainly on storing CO2 underground.

The Gary Works project illustrates a new way of managing carbon emissions by not only containing them but also turning them into profitable products. This method could potentially reshape industrial practices and policies, emphasizing economic viability alongside environmental sustainability.

While this project represents a small fraction of the plant’s total emissions, its success could serve as a model for other industries, demonstrating how sustainability can be economically viable and integrated into industrial operations.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Ferrometalco expands regional reach with Duqm based manufacturing hub

Thursday, June 11, 2026

Nippon Steel Corporation records significant production increase in 2025

Thursday, June 11, 2026

Nippon Steel raises ¥90 billion in first bond issuance following U.S. Steel acquisition

Thursday, June 11, 2026

India rejects U.S. claims of excess capacity in steel sector

Thursday, June 11, 2026

Global iron ore market sees benchmark prices recover while China declines

Thursday, June 11, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now