South Korean steelmaker POSCO plans to build a hot briquetted iron (HBI) plant with a capacity of 12 million mt per year at Australia's largest iron ore terminal Port Hedland
The UK also aims to establish a system for measuring the carbon emission content of products. CBAM will work with the UK Emissions Trading Scheme to reduce the risk of carbon leakage.
The Czech Republic-based steelmaker Liberty Ostrava, a subsidiary of UK-based Liberty Steel, has stated that it has updated its optimization plan for its operations including the restart of its blast furnace No.3
With its 8 million mt per year capacity at Kalinganagar, the total output capacity of Tata Steel's India operations will reach 26.6 million mt per year.