Sustainability: Decarbonization in the Steel Industry

This podcast episode explores the challenges and opportunities in decarbonizing the steel industry, which accounts for 3.6 billion tons of CO2 emissions annually. The H2DRI EAF process, which uses renewable energy sources to reduce carbon emissions by 99%, is seen as a promising path to decarbonization, but it faces supply constraints and resource-intensive requirements. The U.S. is in a strong position due to its use of low-carbon electric arc furnaces, while China faces challenges in transitioning away from blast furnaces due to economic growth and urbanization needs. The transition to green steel production is complex and requires policy support, investment, and technological innovation.