Photo: CNBC
HYBRIT Develops World's First 'Fossil-Free Steel'
HYBRIT, a Swedish steel company, developed the world's first fossil-free steel. As part of a test run, steel was sold to Volvo. If the project is successful, the company intends to begin mass manufacturing cars built of material by 2026. HYBRIT's goal is to replace coking coal with hydrogen and renewable electricity. It hopes to “significantly reduce the global carbon footprint of the steel industry,” said Martin Lindqvist, CEO of SSAB.
Tags: carbon, Steel, Scientist, fossil-free, Science
Courtesy: The Byte
Photo: Orrisa Post
Odisha: Lakshmi Mittal's Nippon Steel To Set Up Rs 50,000 Cr Plant
Odisha Chief Minister Naveen Patnaik, via Twitter, revealed that the state government had signed an MoU with ArcelorMittal Nippon Steel India to set up a steel plant in the Kendrapara district. Setup with Rs 50,000 crore investment, the integrated plant will have an annual production capacity of 12 million tons. Earlier in 2013, a similar plan by the company was dropped due to unsuitable land and the unavailability of a mining permit.
Tags: ArcelorMittal Nippon Steel India, Odisha, Steel, naveen patnaik, Lakshmi Mittal
Courtesy: Deccan Herald
