Steel Mills
US Steel Execs Meet With White House on Funding for Decarb
March 13, 2023
Top executives from US Steel met with White House officials to explore funding opportunities for decarbonization.
The Pittsburgh-based steelmaker said president and CEO David B. Burritt and Richard L. Fruehauf, chief of strategy and sustainability, joined White House climate officials as well as industry and labor leaders to discuss “public and private collaborations to support industrial decarbonization.”
“As we look to the future, we’re focused on being at the forefront of the steel industry’s efforts to curb climate change,” Burritt said in a statement about the meeting earlier this month.
“We appreciate the president’s leadership … and look forward to continuing our discussions with the Biden administration,” he added.
The Biden administration has announced a plan to provide approximately $6 billion to speed up the decarbonization of US industry.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Steel Mills
Op-Ed: Ternium CEO Máximo Vedoya wants a fair future forged in steel
After recently receiving an industry honor on behalf of Ternium, I had the opportunity to reflect and share my vision on the state and future of our industry.
Nippon eyeing new $4B U.S. Steel mill to sweeten deal: Report
Nippon Steel could build a new domestic U.S. Steel mill with a total investment of $4 billion.
Nucor cuts CSP by $20/ton, third straight drop
Nucor has lowered its consumer spot price by $20 per short ton, marking the third consecutive weekly decrease.
Nucor reports IT systems breach
Nucor said it temporarily and proactively halted some production operations at various locations.
Cliffs talks DOE funding, blast furnace relining schedule
The future of two projects supported in part by funding through the Department of Energy remains uncertain.