Air Products to Showcase Technology Solutions for Sustainable Iron and Steel Production at AISTech2026

Rhea-AI Summary

Air Products (NYSE:APD) will present industrial gas and decarbonization solutions for iron and steel at AISTech2026, May 4–7 in Pittsburgh. Visit booth #1336 to learn about oxy-fuel, hydrogen, carbon capture, Smart Technology and on-site gas supply options.

The Air Products Foundation will donate $100 per registered booth visitor, up to $15,000, to the AIST Foundation. On May 4 at 3:00 p.m., Dr. Anup Sane will present on preheating and melting Direct Reduced Iron to support sustainable electric steelmaking.

News Market Reaction – APD

+0.34%

+0.34% Session close to close

In the May 1 session, APD gained 0.34%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights APD’s efforts to promote industrial gas and decarbonization solutions f...

Analysis

This announcement highlights APD’s efforts to promote industrial gas and decarbonization solutions for iron and steel, including oxy-fuel, hydrogen and carbon capture technologies, while supporting the AIST Foundation with up to $15,000 in donations. In the backdrop, APD recently reported quarterly sales of $3,171.8 million, GAAP EPS of $3.19, and raised full-year adjusted EPS guidance to $13.00–$13.25. Investors may watch how such technical showcases translate into future project wins and long-term volume growth.

Key Figures

Quarterly sales: $3,171.8 million Quarterly net income: $710.4 million GAAP EPS: $3.19 per diluted share +5 more

8 metrics

Quarterly sales $3,171.8 million Quarter ended 31 March 2026 (10-Q)

Quarterly net income $710.4 million Quarter ended 31 March 2026 (10-Q)

GAAP EPS $3.19 per diluted share Quarter ended 31 March 2026 (10-Q)

Six-month sales $6,274.3 million First six months fiscal 2026 (10-Q)

Six-month net income $1,388.6 million First six months fiscal 2026 (10-Q)

Cash from operations $2,004.4 million First six months fiscal 2026 (10-Q)

Capital expenditures $2,358.8 million First six months fiscal 2026 (10-Q), large projects

FY26 EPS guidance $13.00 to $13.25 (adjusted EPS) Raised full-year fiscal 2026 guidance (8-K)

Historical Context

5 past events · Latest: Apr 29 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 29	Semiconductor supply deal	Positive	-0.3%	Largest semiconductor investment to date supporting Samsung’s new Pyeongtaek fab.
Apr 24	New ASU project	Positive	-0.6%	Plan to build, own and operate a new Florida ASU for regional demand.
Apr 23	Dividend declaration	Positive	+2.3%	Quarterly cash dividend of $1.81 per share with set pay and record dates.
Apr 17	Hydrogen convention	Positive	-1.8%	Showcasing hydrogen decarbonization solutions at Canadian Hydrogen Convention.
Apr 13	Earnings call notice	Neutral	-0.0%	Announcement of fiscal Q2 2026 earnings teleconference schedule and access details.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive project and decarbonization announcements often coincided with flat-to-negative next-day moves, while dividend news saw a stronger positive reaction.

Recent Company History

Over the past month, APD has announced multiple growth and decarbonization initiatives, including semiconductor gas supply expansion in South Korea (2028–2030) and a new Florida ASU targeted for the second half of 2028. These project and conference updates on hydrogen and industrial decarbonization saw mostly modest or negative price reactions. By contrast, the $1.81 quarterly dividend declaration on Apr 23 aligned with a stronger +2.32% move, highlighting better reception for direct shareholder-return news than for long-dated growth updates.

Key Terms

direct reduced iron, oxy-fuel, carbon capture, industrial decarbonization

4 terms

direct reduced iron technical

"presentation titled "Enhancing the Value-in-Use of Direct Reduced Iron in Electric Steelmaking,""

Direct reduced iron (DRI) is a solid iron product made by removing oxygen from iron ore using natural gas, hydrogen, or similar reducing agents at lower temperatures than traditional blast furnaces, leaving a porous, ‘sponge-like’ metal. Investors watch DRI because it is a key feedstock for modern steelmaking, influences raw-material costs, energy and emissions profiles, and can shift demand between scrap, coal and gas/hydrogen markets — affecting profitability and capital needs across steel and mining companies.

oxy-fuel technical

"from oxy-fuel to hydrogen to carbon capture, including our Smart Technology platform"

Oxy-fuel describes burning a fuel using pure oxygen instead of normal air, similar to breathing pure oxygen rather than room air so the fire burns hotter and cleaner. For investors, it matters because oxy-fuel processes can make industrial plants more efficient, reduce certain pollutants and simplify capturing carbon, which affects future operating costs, required equipment upgrades and exposure to emissions rules or incentives.

carbon capture technical

"from oxy-fuel to hydrogen to carbon capture, including our Smart Technology platform"

Carbon capture is the process of removing carbon dioxide (CO2) from industrial emissions or the air and then storing it safely underground or turning it into useful products, like locking smoke from a factory into a sealed container or recycling it into new material. Investors care because the technology can cut a company’s reported emissions, create new revenue streams or credits, and reduce regulatory or climate-related risk, all of which affect future costs and valuations.

industrial decarbonization technical

"offerings for the iron and steel industry visit Air Products' Industrial Decarbonization webpage."

Efforts to cut greenhouse gas emissions from heavy industry—like steel, cement, chemicals and refineries—by changing how products are made, using cleaner energy, boosting efficiency or capturing emissions before they reach the air. For investors, this matters because it can reshape costs, future regulatory and legal risks, and demand for new equipment or services—much like a company replacing an old vehicle fleet to save fuel, avoid fines and stay competitive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Air Products Foundation will Donate up to $15,000 to the AIST Foundation

LEHIGH VALLEY, Pa., May 1, 2026 /PRNewswire/ -- Air Products (NYSE:APD) will showcase industrial gas solutions for all phases of iron and steel production at AISTech2026 from May 4-7 at the David L. Lawrence Convention Center in Pittsburgh, Pennsylvania.

Those attending are invited to stop by Air Products' booth #1336 to speak with an industry specialist. Visitors can learn more about Air Products' full suite of on-site gas supply offerings and broad range of technology solutions for the iron and steel industry, from oxy-fuel to hydrogen to carbon capture, including our Smart Technology platform for more efficient gas use and process planning.

By visiting Air Products' booth, attendees will also be helping the AIST Foundation, which funds initiatives to promote the steel industry as a viable and rewarding career choice for young engineers. The Air Products Foundation has pledged to donate $100 to the AIST Foundation – up to $15,000 in all – for each registered attendee who visits the Air Products booth.

In addition to showcasing industrial gas solutions in its booth, Air Products' Commercial Technology Manager, Dr. Anup Sane, will deliver a presentation titled "Enhancing the Value-in-Use of Direct Reduced Iron in Electric Steelmaking," at 3 p.m. on Monday, May 4th during the Direct Reduced Iron: DRI Melting Session.

In that session, Dr. Sane will introduce two combustion-based solutions to support sustainable steelmaking, including the preheating of cold Direct Reduced Iron (DRI) and melting of DRI into hot metal.

A global leading industrial gas supplier, Air Products brings decades of experience in gas supply and technology to improve the operational performance of metals producers. Air Products offers a full line of gases including argon, carbon dioxide, helium, hydrogen, nitrogen, oxygen and gas blends, with a broad range of supply mode options and purity levels to suit the needs of every operation. Air Products can also provide a wide variety of technical services and innovative gas-based technologies to help companies lower costs and improve productivity, while minimizing the environmental impact of production processes.

For more information about Air Products' full range of offerings for the iron and steel industry visit Air Products' Industrial Decarbonization webpage.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.

Cautionary Note Regarding Forward-Looking Statements

This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

View original content to download multimedia:https://www.prnewswire.com/news-releases/air-products-to-showcase-technology-solutions-for-sustainable-iron-and-steel-production-at-aistech2026-302760380.html

SOURCE Air Products

FAQ

When will Air Products (APD) present at AISTech2026 and what is the session time?

Air Products will present on May 4, 2026 at 3:00 p.m. According to the company, Dr. Anup Sane will speak during the DRI Melting Session about preheating and melting Direct Reduced Iron for electric steelmaking.

What technologies will Air Products (APD) showcase at AISTech2026 booth #1336?

Air Products will showcase oxy-fuel, hydrogen, carbon capture, Smart Technology, and on-site gas supply. According to the company, the booth will feature gas supply options, purity levels, and technical services for iron and steel producers.

How does the Air Products Foundation donation to the AIST Foundation work at AISTech2026?

The foundation will donate $100 per registered booth visitor, up to $15,000. According to the company, donations support AIST Foundation initiatives promoting steel careers to young engineers.

What topic will Dr. Anup Sane cover in his AISTech2026 presentation for Air Products (APD)?

Dr. Sane will present on Enhancing the Value-in-Use of Direct Reduced Iron in Electric Steelmaking. According to the company, his talk covers two combustion-based solutions for preheating cold DRI and melting DRI into hot metal.

Where and when can investors see Air Products (APD) at AISTech2026 in Pittsburgh?

Air Products will be at booth #1336 during AISTech2026, May 4–7, at the David L. Lawrence Convention Center. According to the company, industry specialists will be available to discuss gas solutions and decarbonization technology.

Will Air Products (APD) discuss industrial decarbonization solutions for steel at AISTech2026?

Yes. Air Products will highlight decarbonization technologies including hydrogen, carbon capture, and Smart Technology. According to the company, these offerings aim to improve efficiency, lower costs, and reduce environmental impact for metals producers.