Because Russia has not yet introduced a nationwide CO2 market the incentive for taking a sharper turn toward decarbonization and has almost run out of affordable iron ore deposits, Russian steelmakers will keep investing in blast furnaces, some of the newest in the world, industry analysts say. Investments in blast furnaces (BFs) will .
According to industry analysts, Russian steelmakers will keep investing in blast furnaces rather than taking a turn toward decarbonisation technologies,…