07
Nov
16:12
Emirates Steel commissions carbon capture unit
Emirates Steel (ESI)’s joint venture carbon capture (CC) project with Al Reyadah has begun operating. The CC unit will sequester up to 800,000 tonnes/year of CO2 gas from ESI’s two direct reduced iron plants for re-use in United Arab Emirates’ oil production.
This will free up natural gas hitherto used in oil recovery to cater for the growing requirement from domestic industry, including the steel sector. Demand for power in Abu Dhabi alon…
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Very good overview of the weekly steel market.
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