Newcleo and Danieli explore nuclear-powered green steel production

Italy-based Danieli & C. Officine Meccaniche S.p.A and new cleo SA have signed a Memorandum of Understanding to explore integrating new cleo’s Lead-cooled Fast Reactors (LFR) with Danieli’s steelmaking technology. This collaboration aims to decarbonize steel production by using nuclear energy to provide electricity and high-temperature heat. The initiative aligns with the EU’s Clean Industrial Deal, which supports energy-intensive industries in reducing energy costs and creating low-carbon markets. The agreement could lead to energy supply solutions across the iron and steel value chain, including the production of Green Hydrogen for Danieli’s Energiron Direct Reduction Technology.