Came across a tweet this morning which lead to 3 green steel...

Came across a tweet this morning which lead to 3 green steel related articles (apologies if they've already been shared). Whilst they mostly talk about how steelmakers are exploring technologies that will allow the continued use of blast furnace-grade iron ore (low grade) they also highlight that the demand for high grade iron ore will still continue to grow (high grade iron ore currently makes up only about 4% of global iron ore supply!)

"...These alternative steel technology routes could reduce the pressure of supplying DR-grade ores, shifting part of the DRI iron ore demand toward BF-grade pellets and fines. However, demand will continue to rise for DR-grade iron ore for an increasing number of DRI-EAF steelmaking operations and there still will be the need to improve the quality of iron ore via beneficiation, as well as for further magnetite mining project development (which can add to DR-grade ore supply) along with greater pelletising capacity...."

More importantly, they highlight the fact that a major industry shift to green steel is well underway.




Reference articles:
German steel giant tech breakthrough to steer industry away from coal

https://reneweconomy.com.au/german-steel-giant-tech-breakthrough-to-steer-industry-away-from-coal/

Iron ore quality a potential headwind to green steelmaking – Technology and mining options are available to hit net-zero steel targetshttps://ieefa.org/resources/iron-ore-quality-potential-headwind-green-steelmaking-technology-and-mining-options-are

Solving iron ore quality issues for low-carbon steel
https://ieefa.org/resources/solving-iron-ore-quality-issues-low-carbon-steel