Iron ore quality a potential headwind to green steelmaking – Technology and mining options are available to hit net-zero steel targets

Download the document.

Some steel companies in Europe especially are planning new direct reduced iron production capacity, a technology that can reduce emissions significantly when run using green hydrogen. As a result, demand for direct reduction-grade (DR-grade) iron ore is set to rise.

The challenge imposed by limited DR-grade iron ore supply on plans for a large global scale-up of DRI production is significant.

To avoid locking in further coal-based steelmaking capacity for decades, some technology switching to DRI processes will be required before 2030 to achieve net zero by 2050.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.