Steelmaker retreats from clean energy plans as hydrogen costs and politics shift
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Steelmaker retreats from clean energy plans as hydrogen costs and politics shift
Cleveland-Cliffs is scaling back plans to build the nation's first green steel plant in Ohio, pivoting away from hydrogen and back to fossil fuels as federal incentives face repeal and political winds change in Washington.Alexander C. Kaufman reports for Canary Media.In short:Cleveland-Cliffs was set to retrofit its Middletown, Ohio, mill with hydrogen-ready equipment and electric melting furnaces, backed by $500 million in federal funds. The pl…
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