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SteelWatch
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Nippon Steel Corporation is now at a major turning point. Despite being based in resource-poor Japan, the company has grown to become the world's fourth largest steelmaker, and is now expanding its business to North America, India, Europe, and Australia. However, the "blast furnace-centered" and "domestic-centered" policies that underlie the company's corporate strategy remain strong.
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What needs demystifying? Ironmaking and steelmaking often go hand in hand, occurring in the same place in ‘integrated steel plants’, where iron ore is reduced to…
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What needs demystifying? Metallurgical coal – often shortened to ‘met coal’ – is coal that is used in making iron and steel. Making iron in blast…
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Western Australia has announced AUD 34 million in grants for three decarbonisation-related mining projects under its Investment Attraction Fund. One of the key recipients is…
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London, 25 February 2025 - Shipping green sponge iron from countries rich in renewable energy will be one solution to the elephant in the room…
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Tokyo, 23 January 2025 - Financial institutions are under increasing pressure over ongoing financial support for steelmaking with metallurgical coal, with a new global list…
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SteelWatch Explainer: Why steelmaking drives climate change – and why it doesn’t have to be this way
What needs demystifying? Steel is strong, shiny and essential to modern life. It is at the heart of our infrastructure and our economy. It plays a…
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What needs demystifying? There is an enduring myth that the automotive sector requires steel produced from coal-based blast furnaces to meet its quality standards. This has…
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What needs demystifying? The hype around green hydrogen’s contribution to climate action boomed in recent years and is now rapidly deflating as realities hit. But this…
