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Lower-carbon steel and CCS growth across the Gulf Coast

Published

16 September 2026

Topic

technology

◆ Sectors

Climate Tech

◆ Geography

United States

◆ Source

Read at corporate.exxonmobil.com →

◆ Verified

Fusion42 · 16 September 2026 · Fusion42 review

ExxonMobil has launched a carbon capture and storage (CCS) operation at Nucor's direct reduced iron steel facility in Louisiana, capturing up to 800,000 metric tons of CO2 annually to support low-carbon steel production. The Rose carbon storage project in Texas also advanced with regulatory approval, expanding dedicated CO2 storage capacity along the Gulf Coast.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ ◆ The Wire takeaway

You can now build new low-carbon steel offerings backed by scalable carbon capture on the Gulf Coast. The growth of CO2 storage sites like Rose opens up customer contracts for steel firms competing on emissions.

◆ Coverage

1 source · 16 Sep 2026

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◆ Topics

Climate Techcarbon-capturesteel-industryccsgulf-coastlow-carbon