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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
ArcelorMittal's scrapping of green steel plans in Germany signals an uncertain future for decarbonizing the heavily polluting sector. It also casts a cloud on mega investments by Indian steelmakers.
Welcome to NetZero Now, a weekly newsletter from The Morning Context that covers the latest developments in the burgeoning energy, climate and cleantech ecosystem.
Decarbonizing steel was always going to be hard, but it is proving to be a Herculean task even for its biggest proponents.
Last week, ArcelorMittal, the world's largest private steelmaker, scrapped plans for converting two German factories and equipping them with clean technology to produce low-emission steel. In a decision it announced “regrettably”, it said shifting steel production from coal-powered furnaces to electric arc furnaces was impossible right now due to high electricity costs. It further …
ADNOC’s strong numbers underline a strategy built on higher output, shipping gains and new routes that sidestep the risky Strait of Hormuz.
From cancelled races to scrambled calendars, the Iran conflict is testing an over two-decade partnership that powered the sport’s growth.
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
