Vale considers taking steel decarbonisation model to US, Brazil

Iron-ore giant Vale is considering developing industrial complexes in the US and Brazil as part of a push to produce greener steel, a spokesman said Tuesday.

The world’s No. 2 producer of the steelmaking ingredient has an eye on incentives from the US Inflation Reduction Act for the initiative, Corporate and External Affairs VP Alexandre D’Ambrosio said on the sidelines of a mining event.