Understanding the demand for Green Steel, page-442

Major steel users band together to place first big… | Canary Media



NEW YORK CITY — Companies that use huge amounts of steel to construct buildings or clean-energy equipment are banding together to push North American steelmakers to adopt greener manufacturing methods.On Wednesday, corporations including tech giant Microsoft, major U.S. real estate developer Trammell Crow and solar-hardware-maker Nextrackerannounced a plan to jointly request a total of 2 million metric tons of “near-zero emissions” steel from producers. The broadly defined category can include steel that’s produced using renewable electricity, clean hydrogen or potentially with carbon-capture technology."

Welcome to the club, Microsoft. You better tell your China, Vietnam and India manufacturing plants to comply.