SEOUL, Nov 27 (Reuters) - South Korea's POSCO <005490.KS> plans to eventually halt carbon emissions by switching to a hydrogen-based steelmaking process from 2021, company officials said on Friday.

Instead of burning coal, it will use “green hydrogen” produced with renewable electricity. The company says its process will cut carbon pollution by 95% compared to traditional steelmaking, and is ...

DULUTH — The U.S. Department of Energy awarded nearly $1.5 million to the University of Minnesota’s Natural Resources Research Institute to develop carbon-free methods of readying iron mined in the ...

When the U.S. Department of Energy (DOE) announced funding for seven hydrogen hubs throughout the U.S. this past October, Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves was among ...

Two projects postponed in Ohio and Germany are among nearly 10 high-profile hydrogen energy investments that tapped the brakes in mid-2025. “It is increasingly well documented that there has been ...

Amid all of the hoopla and headlines over its attempted but failed takeover of U.S. Steel, Cleveland-Cliffs might have been doing something even more important in Indiana: making steel with hydrogen.

U.S. companies are trailing their European competitors in the race for a new generation of steel. On a call with investors in late January, one of the most powerful figures in American steel laid out ...