Nucor investing in start-up company Electra developing zero-carbon iron technology
Green Car Congress
DECEMBER 11, 2022
Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. Existing electric arc furnaces account for 70% of steel production in the US.
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