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    October 14, 2026

    Electra aims to produce "clean" iron to help cut CO2 in steelmaking

    Written by Stephen Miller

    Electra—which makes high-purity iron from a process more familiar in base metals—presented at the fall meeting of the International Iron Metallics Association (IIMA) in Chicago last week. The Boulder, Colo.-based company intends to serve iron-consuming markets in both the US and abroad.

    Steve Beckwith, head of technology commercialization at Electra, said the “clean” iron the company makes could eliminate the need for coal and coke in iron production.

    Stephen Miller

    Stephen Miller started his career in the scrap metal industry in 1978 at Luria Brothers in Cleveland. Over the last 40-plus years, he has worked in all capacities in the trading business. He has had positions in both domestic and international scrap trading. In addition to scrap, Miller was at the forefront of the pig iron trade and established a pig iron distribution company under the name of Ferrosource, Inc. Most recently, Miller has concentrated on the scrap export market and regularly does consulting for several companies in the industry.

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