17
May
11:45
Steel emissions to drop 30% by 2050: WoodMac
Steel industry carbon emissions are expected to fall by 30% by 2050 compared to 2021 levels, says Wood Mackenzie. Steelmakers are under pressure from stakeholders to reduce their reliance on blast furnace steelmaking and adopt low-emission alternatives.
By 2050, electric arc furnaces will account for 48% of the technology share used in steelmaking, up from 30% last year, making them almost on par with the traditional basic oxygen furnace method. This will be suppo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous