Understanding the demand for Green Steel, page-60

SteelZero: Volvo Cars, Iberdrola, Siemens Gamesa and Vattenfall join net zero steel pledge | BusinessGreen News




Companies pledge to use 50 per cent green steel in their operations by 2030 ahead of hitting 2050 net zero goals. A clutch of major green energy and automotive firms including Iberdrola, Siemens Gamesa, Vattenfall BA Wind and Volvo Cars have today committed to using 50 per cent low emission steel in their manufacturing operations by 2030, having become the latest to sign up to the SteelZero initiative. The four firms, which are all significant consumers of steel, join existing members such as Maersk, Ørsted and Lendlease in backing the coalition, through which signatories must also commit to procuring 100 per cent net zero steel by 2050.