Australia’s abundant wind and solar resources mean we’re well placed to produce the hydrogen a green steel industry needs. But there are technical and economic challenges ahead.
Electric vehicles and renewable energy will only get the country so far.
AP Photos/Evan Vucci
To cut enough greenhouse gas emissions, the world will need technologies that are still being developed, particularly for industries that are tough to clean up, like cement, steel and shipping.
Steelworks at Middlesbrough, UK.
MediaWorldImages/Alamy Stock Photo
Low-carbon alternatives for steelmaking are numerous – but which will be ready in time?
Building renewable energy infrastructure involves mining for materials such as lithium, graphite and cobalt. If not done responsibly, that could cause huge environmental damage.
Just as thermal coal can be replaced with clean energy from renewables, we can use low-emissions steel manufacturing to phase out metallurgical coal.
A crane carrying with melting steel at the blast furnace Schwelgern 2 at ThyssenKrupp steel mill in Duisburg , Germany (December 12, 2014).
Europe recycles 70% of its steel, but much is exported, turning what should be a circular process into a linear one. Instead, materials need to be circularity-ready the moment they’re manufactured.
The Trump administration says its trade policy saved the U.S. steel industry.
AP Photo/Jim Mone
Trump claims the tariffs he’s imposed on imports from China and elsewhere are saving US industries and jobs. The data offers a murkier picture.
Web of flies.
Spiders use different types of silk for different purposes – and not all of them are as strong as steel.
Where does it go from here?
China, which once processed much of the world’s scrap, has slashed imports of “foreign garbage.” What can the US do to step up recycling at home?
It’s a long way from most places, but it is about to host a bigger battery than the world’s biggest, molten salt solar and pumped hydro generation, and a much bigger steelworks.
Far from being wiped off the map as was once predicted, Whyalla is coming back in an unlikely way, as potentially Australia’s biggest steel producer powered almost entirely by renewable energy.
Kentucky bourbon is among the products targeted with retaliatory tariffs by the EU.
AP Photo/Jeff Chiu
Trump has started a trade war with China and much of the world. Here’s what you need to know.
A jumble of steel scrap.
If the US were to stop dumping these valuable metals in landfills and to cease exporting them as cheap scrap, its imports could fall, and there would be less of these metals being made from scratch.
US tariffs could potentially benefit some EU firms that rely on steel and aluminium.
A furnace at Dalian Special Steel Co. Ltd. in China’s Liaoning province.
This speed read explores why it’s hard to stop manufacturers in specific countries from dodging trade barriers by pretending that their goods come from somewhere else.
A finished steel coil is marked with its information by a worker at a mill in Farrell, Pennsylvania.
President Trump’s new tariffs suggest he doesn’t understand why American steel and aluminum have been hurt in the first place.
Bush, seen here in 2006, revoked his steel tariffs less than two years after imposing them in 2002.
President Trump slapped steep tariffs on steel imports, echoing protectionist measures taken by Bush in 2002.
There’s a reason investors don’t like trade wars.
AP Photo/Mark Schiefelbein
President Trump says ‘trade wars are good,’ but history tells a very different story.
China controls 50% of the global steel industry but doesn’t export much to America.
China supplies just 2% of America’s steel, while Canada and Europe have sizeable shares and Australian steel producers depend on access to US markets.
Economic history suggests Trump’s ‘America First’ trade policies will put the U.S. last.
The president’s tariffs on steel and China mirror the misguided trade policies that helped precipitate the Great Depression.
US President Donald Trump in 2017 and George W. Bush in 2008.
On March 1, Donald Trump imposed a series of steel and aluminum tariffs. To understand their potential impact, it’s instructive to look at what happened after George W. Bush enacted similar measures in 2002.