How green can steel go: the potential impact on coal and iron ore

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26 May 2020

How green can steel go: the potential impact on coal and iron ore

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 1 images and tables including:

  • Increased scrap use could erode metallurgical coal and iron ore consumption

What's included

This report contains:

  • Document

    How green can steel go - the potential impact on coal and iron ore.pdf

    PDF 1.81 MB