Tag: SteelZero

Ørsted joins the SteelZero initiative to support transition to low-carbon steel

Stuart Mitchell

SteelZero, a global initiative to drive market demand for net-zero emissions steel, has been launched with support from major steel-using organisations, including Ørsted. The steel industry contributes about 7 % of global carbon emissions, making it one of the largest contributors to climate change. Zero-emissions steel is critical to meeting global climate goals and decarbonising the steel sector and value chain. On track to be carbon-neutral in 2025, Ørsted targets a net-zero carbon footprint and carbon-neutral supply chain in 2040. Steel accounts for about half of the emissions in Ørsted’s…

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New SteelZero initiative receives backing from major businesses, ramping up demand for clean steelmaking

Stuart Mitchell

SteelZero, a global initiative aimed at driving market demand for net zero steel has launched today with support from eight major steel buyers and specifiers from across sectors including construction and renewable energy. This marks the beginning of a significant global business push for clean steel, with the first companies to have signed up to SteelZero entailing:  BHC Ltd – leading UK structural steel fabrication and construction company. Bourne Group Ltd – leading UK constructional steelwork company. Grosvenor Britain & Ireland – international property investor and developer. Lendlease – multinational…

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