Understanding the demand for Green Steel, page-302

Steel's Outsized Carbon Emissions Will Shrink Rapidly In Coming Decades Even As Demand Rises - CleanTechnica




"Steel will see global transformations in demand and technologies through 2100, and that will have excellent results for its carbon emissions and hence global warming. I project a reasonable increase in DRI and EAF in 2030 over today’s ratios and a smaller reduction in blast and open heart furnaces, so their lower emissions with current technologies should see a reduction in emissions in 2030. With more scrapping and more direct reduction using lower carbon technologies such as Midrex’ DRI and HYBRIT every decade, and the likely creation of those facilities closer to iron ore mines, high-emissions furnaces will go out of business over the coming decades, unable to decarbonize."