Steelmakers may face choice to ‘decarbonise or bust’ despite steep green investment needed

Published 11:15 on April 19, 2023  /  Last updated at 11:15 on April 19, 2023  / /  Americas, Asia Pacific, EMEA, International

Global emissions from the carbon-intensive steel sector reflect an “untenable status quo” as key producers in North America, Europe, and Asia aim to meet their climate targets, but adopting hydrogen-based technologies offers the most viable path for producing carbon-free steel, research from an investment bank has found.
Global emissions from the carbon-intensive steel sector reflect an “untenable status quo” as key producers in North America, Europe, and Asia aim to meet their climate targets, but adopting hydrogen-based technologies offers the most viable path for producing carbon-free steel, research from an investment bank has found.


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