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What is Green Steel and Does it Affect Steelmakers? | Share...

  1. MGT4eva
    1,130 Posts.
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    11/04/22
    14:14
    Post #: 60784587
    What is Green Steel and Does it Affect Steelmakers? | Share Market News

    Key points:
    • As steelmakers work their way towards a net-zero future, they are getting more selective about their feed stock, and low-grade or less sustainable iron ore miners risk being left out in the cold.
    • “There’s going to be huge growth in DR (direct-reduced) pellets. There is already a lot of work going on to reduce the carbon footprint of the steelmaking process, and this will keep going on. Pelletizing is already a big part of the process, and the process will keep getting better and better..

    https://hotcopper.com.au/data/attachments/4255/4255141-ad82013d15b2a6db4d24146605eb579d.jpg
    Last edited by MGT4eva: 11/04/22
    MGT Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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