Iron, steel win big in Dept. of Energy’s $6B decarb initiative

The Department of Energy (DOE) announced on Monday six projects that will receive up to $1.5 billion in funding to further decarbonize the iron and steel industry.

The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA) to support decarbonization in energy-intensive industries. The monies are to be awarded to 33 projects across several industries. In addition to iron and steel, those industries include chemicals and refining, cement and concrete, aluminum and metals, food and beverage, glass, process heat, and pulp and paper.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.