Insight
Steel energy transition outlook 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Leading steelmakers in Europe first came together in 2016 to develop a technology for fossil-free iron and steelmaking. Fast forward to April 2024, and the world has seen 200+ low-carbon steel projects being announced across various shades of ‘green’ in the past few years. Key questions emerge: • How will the steel industry trim its carbon footprint? • With the Asia Pacific steel industry so young, can 2030 be the turning point as 60% of global blast furnace capacity hits a mid-life crisis? • Direct reduced iron (DRI) is emerging as the main protagonist. What is the hype on Electric Smelting Furnace? • H-DRI projects now rule our decarbonisation tracker, and some offtake agreements are in place. What will it cost to make hydrogen-based steel and who will foot the bill? • What will be the opportunities for energy transition for steel? • What is the status of policy support as green steel comes to life?
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
India's National Steel Policy (NSP) Vision 2047
Can India achieve its 2047 steel ambitions? Wood Mackenzie assesses demand, capacity, raw materials and key risks.
$1,050
Insight
Retail fuels in brief
Our brief analyses of the most important developments across retail fuel markets globally, kept to the point.
$900
Insight
India's energy roadmap: 5 key themes are emerging
5 key themes that remain on watch for India's energy landscape until 2035
$1,250
