September 20, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Decarbonizing the global iron ore and steel industry by 2050 will require US$1.4 trillion in capital investment--most of which would be needed to decarbonize the steelmaking process--according to <a href='https://www.woodmac.com/' target='_blank'>Wood Mackenzie</a> (Edinburgh, U.K.). Companies featured: <a href='https://corporate.arcelormittal.com/' target='_blank'>ArcelorMittal</a> (<a href='https://www.nyse.com/quote/XNYS:MT' target='_blank'>NYSE:MT</a>), <a href='ussteel.com' target='_blank'>United States Steel Corporation</a> (U.S. Steel) (<a href='https://www.nyse.com/quote/XNYS:X' target='_blank'>NYSE:X</a>), <a href='https://www.clevelandcliffs.com/' target='_blank'>Cleveland-Cliffs Incorporated</a> (<a href='https://www.nyse.com/quote/XNYS:CLF' target='_blank'>NYSE:CLF</a>)
