Global Trade Alert
Global Trade Alert

United States of America: DOE announces USD 500 million to support a hydrogen-fuelled iron plant

Announcement

25 Mar 2024

In March 2024, the US Department of Energy announced USD 500 million to support a hydrogen-fuelled iron plant.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Mar 2024

Revocation date:

No revocation date

Updated: 25 Mar 2024
Financial grant In force

On 25 March 2024, the Department of Energy (DOE) announced financial assistance for Cleveland-Cliffs Steel Corporation. This support will help decarbonize the iron and steel sector and reduce indus...

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