ACCR Presentation on the green steel transformation - ACCR
Investors, companies and policy-makers are facing a critical time window for decarbonising the steel industry. 71% of the world’s blast furnaces are due to reach the end of their operating lives between now and 2030, which means decisions to invest capital in refurbishing blast-furnaces, rather than available green steel processes, risks locking-in coal based methods for decades to come.
“It’s very clear from our research that the shift towards green steel is underway and that this is a sector that no longer deserves the reputation of being ‘hard-to-abate’.”
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Understanding the demand for Green Steel, page-668
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