Hertha Metals, founded by MIT alumna Laureen Meroueh, is revolutionizing steel production with a single-step electric arc furnace that uses 30% less energy and is 25% more cost-competitive than traditional mills. The US is the world's largest steel importer. https://news.mit.edu/2026/new-way-make-steel-could-reduce-americas-reliance-imports-0213 #Tech #Startup #News #ClimateTech #HerthaMetals

A streamlined way to make steel could reduce America’s reliance on imports
Hertha Metals, founded by MIT alumna Laureen Meroueh, invented and demonstrated the first single-step steelmaking technology using natural gas and electricity to produce steel and high-purity iron for magnets cost-effectively.