What is green steel? - MacroBusiness
MacroBusiness Access Subscriber Only Content Global Mining Research has a nice primer on the emergence of green steel. Green Steel – The production of steel is one of the most polluting industries from a CO 2 perspective, representing in the order of 8% of global emissions. For the miners ESG reporting has never been as relevant and for an iron ore or coal company this is critical as investors examine Scope 3 emissions (the result of activities commodity-purchasing organisations undertake). The concept of Green Steel is to replace the use of coke (and thereby coking coal) as a reducing ag...
Source: macrobusiness.com.au