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This is how the steel industry is forging a path to net-zero | Hellenic Shipping News Worldwide

This is how the steel industry is forging a path to net-zero The modern world is built from steel – 1.8 gigatons (Gt) were produced last year, 90% of all metal produced globally. From wind turbines to electric vehicles, steel will be an integral enabler of the energy transition. But steel production is a major source of greenhouse gas (GHG) emissions. Most steel is still made using coal to reduce iron ore, a process that emits roughly two metric tons of CO2 per ton of steel. The industry accounts for 7% of global GHG emissions from the energy system – equal to global aviation, shipping and chemicals emissions combined.

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