Insight
How green can steel go: the potential impact on coal and iron ore
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Our base case for steel production implies a gradual increase in scrap absorption and a gradual evolution in green ironmaking. In our recent cross-commodity webinar we explored a scenario where all available scrap is utilised. We also discussed the role of hydrogen and carbon for the iron industry and what could green steel mean for raw materials demand. You can find our webinar slides and a short summary here.
Table of contents
- Scrap is the cornerstone of green steelmaking
- Virgin iron requirement will be sustained
- Increased scrap use will have a significant impact on raw materials demand
- We present a cross-commodity view to challenges of steel decarbonisation
Tables and charts
This report includes the following images and tables:
- Increased scrap use could erode metallurgical coal and iron ore consumption
What's included
This report contains:
Other reports you may be interested in
Asset Report
Pohang POSCO (BOF) steel plant
POSCO's Pohang works ranks as one of the largest integrated steel plants in the world.
$2,250
Asset Report
Gwangyang (BOF) steel plant
POSCO's Gwangyang plant is the world's largest integrated steel making operation.
$2,250
Insight
Metals and mining - scrap research
Wood Mackenzie's scrap research - a simple way to access our insights on the circular economy for metals.
$1,050
