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Carbon recycling system for blast furnaces could reduce steelmaking emissions by 90%, claims study

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Your morning coffee may hold the secret to steel industry’s green transformation

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Carbon recycling system for blast furnaces could reduce steelmaking emissions by 90%, claims study
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Green Steel World Editorial Team

Carbon recycling system for blast furnaces could reduce steelmaking emissions by 90%, claims study

Most of the world’s steel is produced via blast furnaces which produce iron from iron ore and basic oxygen furnaces which turn that iron into steel. Researchers from the University of Birmingham have designed a novel adaptation for existing iron and steel furnaces that could reduce carbon dioxide (CO2) emissions from the steelmaking industry by nearly 90%.

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“Negative carbon is the currency of the future”
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Tanya Rudra

“Negative carbon is the currency of the future”

Simply put, sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions in the financial sector, leading to more long-term investments in sustainable economic activities and projects. According to the Head of ESG, FIC, Deutsche Bank, decarbonising the steel industry will cost more than 1.4 trillion dollars and that is why the emerging sustainable finance market has a key role to play in funding the transition.

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“ResponsibleSteel certification: a global must-have of the future”
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Tanya Rudra

“ResponsibleSteel certification: a global must-have of the future”

Effective decarbonisation of the steel sector is being touted as a key wedge for achieving net zero emissions by 2050. And for quite some time now, there has been a pressing need to have a consistent set of rules, guidelines, or definition of low-emissions steel, aka green steel. On 14 September 2022, ResponsibleSteel launched the International Standard V2.0 in a bid to increase reliability, ensure consistency, enable buyers to specify what green procurement means and maximise steel’s contribution to a sustainable society.

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The A to Z of SSAB’s fossil-free steel
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Tanya Rudra

The A to Z of SSAB’s fossil-free steel

SSAB is aiming to launch the world’s first fossil-free steel at a commercial scale by around 2026. While the greener variant of the metal is the hottest topic on the steel market right now, there is still a lot of obscurity around it. To answer some of the key questions, the Swedish company recently hosted a factpacked webinar called, “What is fossil-free steel and when will production start?”.

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About Green Steel World

Green Steel World is a unique platform dedicated to advancing and promoting the decarbonisation of the global steel industry. With a widespread community of researchers, engineers, plant manager, sustainablity officers, etc, from manufacturers, systems integrators, engineering companies and end users, Green Steel World is a powerful network for information exchange and knowledge transfer. Members are kept fully updated via regular newsletters whilst the open website provides instant access to a wealth of technical data, news updates, project information, expert insights and podcasts. Scheduled for 2023 and 2024, the Green Steel World Expo & Conference events are planned in Europe. Visitors can see and discuss the very latest projects, products and services available to decarbonise the steel industries and to reduce global CO₂ emissions.