Understanding the demand for Green Steel, page-367

Steel, iron ore at 'major crossroads' for decarbonising | PerthNow



As the world's largest iron ore producer, Australia could put the world's steel sector on the fast track to net zero.Rather than shipping raw ore, Australia could export pellets and briquettes of green iron made using hydrogen derived from local, cheap, abundant clean electricity.

Mr Peter said it was technically feasible to phase out coal blast furnaces by the 2040s, but the 2020s represented a "major crossroads" for getting there.And if steel companies in industrialised countries don't improve on their net-zero-by-2050 targets, then limiting global warming to 1.5 degrees is in doubt, the research found.For steelmakers eyeing future hydrogen imports from Australia, a cheaper option could be to import green iron in the form of briquettes made using hydrogen derived from local clean energy."

Well well.... tell us somerthing we dont already know