The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in 2026. As of 2023, nearly 2 billion metric tons of it were being produced ...

Making steel produces a lot of greenhouse-gas emissions. Now, construction is underway in Sweden on an industrial-scale plant that will emit almost zero carbon dioxide. Boston Metal, LKAB, Midrex, ...

With more than $350 million in venture funding and a new factory in Brazil, Boston Metal looks to scale up production of its green method for making steel. If steel were a country, it would be the ...

Making steel has long been defined by flying sparks and blast furnaces roaring at temperatures hotter than molten lava. A startup backed by Amazon.com and steel producer Nucor says it has a new ...