13,980.41 TRY BIST 100 BIST 100
45.91 USD USD USD
6.82 CNY CNY CNY
53.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.75 TRY Interest Interest
93.48 USD Fossil Oil Fossil Oil
6.63 USD Copper Copper
113.36 USD Silver Silver
105.03 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,697.11 TRY Gold (gr) Gold (gr)
105.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

thyssenkrupp, BlueScope Steel collaborate on carbon-neutral steel

thyssenkrupp has signed a collaboration agreement with BlueScope Steel to accelerate its efforts in carbon-neutral steel production.

thyssenkrupp, BlueScope Steel collaborate on carbon-neutral steel

The company aims to achieve a green transformation in steel production by focusing on replacing traditional blast furnaces with direct reduction (DR) plants.

As part of this initiative, thyssenkrupp is constructing two electric smelting facilities, each with an annual capacity of 2.5 million tons. These facilities, each with a power output of 100 MW, will convert directly reduced iron into hot metal.

This four-year collaboration will focus on critical issues such as improving electrode usage, optimizing furnace operating modes, and fine-tuning process parameters. Additionally, developing high-temperature resistant refractory materials and creating effective maintenance programs are among the important components of the research.

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

Railway disruptions in Germany threaten production in the steel industry

Tuesday, June 2, 2026

POSCO Vice President Jeewoo Lim explains the company’s return to full capacity in 135 days following Typhoon Hinnamnor

Tuesday, June 2, 2026

KAM Holding launches investment in a 200,000 ton DRI plant

Tuesday, June 2, 2026

Ben Kinder: Financing remains the biggest obstacle to steel sector decarbonization

Tuesday, June 2, 2026

Worldsteel Open Forum begins in Brussels: Dr. Maryam Golnaraghi warns of early integration and insurance against climate risks

Tuesday, June 2, 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