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In a report titled "Winning in Green Markets: Scaling Products for a Net Zero World," published in January 2023 by the World Economic Forum and Boston Consulting Group, it is exhibited how early adopters would probably profit by creating and selling green offerings. Green Steel World sat down with Ms Nicole Voigt, Managing Director and Partner, Boston Consulting Group (BCG), to discuss the report in detail and find out why now is the time to create the green markets of the future.

As a forward-looking business that provides engineering, plant building and lifecycle services for the metals industry, Primetals Technologies offers a broad spectrum of expertise that covers everything from integrated electrics and automation, digitalization, environmental solutions and much more. The industry front-runner has hand-picked a team of experts to lead the transition with Dr. Alexander Fleischanderl at the helm. In a riveting conversation Dr. Fleischanderl, Head of Green Steel, Primetals Technologies, elucidates why the company is a one-stop shop for all your green steel needs.

Outokumpu is pioneering the production of emission-minimised stainless steel in the global market. Its Circle Green product line has an astonishing 92% lower carbon footprint than the global average, and the company now provides product-specific carbon footprint data for many of its products. Green Steel World spoke to Max Menzel, Head of Sustainability & Technical Customer Service, to learn more.

Using the Nexigen® PCF Algorithm, customers can receive Kloeckner products’ carbon footprints from “cradle to gate”. If you want to build truly sustainable and transparent value chains, you need to know the carbon footprint of the individual products - so what exactly is meant to be “green”? To date, the lack of a consistent definition of the term “green” has been a problem: how “green” is the steel you buy?

It is common knowledge that producing steel is highly carbon intensive, and there is no alternative to this indispensable material. Traditionally, one metric tonne of steel results in 1.8 metric tonnes of CO₂ emissions, on average, and steel production accounts for about 8 per cent of global CO₂ emissions. At the same time, every tonne of steel is infinitely recyclable, making it the flag-bearer of the circular economy.

“Get rid of CO2 but retain established production processes and value chains as far as possible” - the motto is embedded into the fabric of thyssenkrupp Steel’s climate strategy. The company endeavours to step into a hydrogen-powered green future while staying in the upper echelons in terms of the quality of steel grades.

“Manufacturing steel is one of the largest industrial sources of greenhouse gas emissions. Boston Metal is working on a clean way to make metal that could revolutionise the steel industry and help fight climate change,” Bill Gates describes Boston Metal, the American start-up backed by his $1 billion fund, Breakthrough Energy Ventures.

For Green Steel World, April is a special month. It is a month when we get the opportunity to further develop dialogue, views, ideas, and action for the rapid decarbonisation of the steel industry. April will witness the launch of two parallel shows: Green Steel World (GSW) and Hydrogen Tech World (HTW). Each brand will feature its own conference programme as well as a dedicated expo area, but all conveniently arranged in a single exhibition hall.

SteelZero is the first initiative which focuses on driving a powerful demand signal for net zero steel. In an exclusive interaction with the Green Steel World, Ms Jen Carson, Head of Industry, SteelZero at the Climate Group, talks about how the initiative aims to send a strong demand signal to shift global markets and policies towards responsible production and sourcing of steel.

The Sustainable STEEL Principles are a ready-to-use solution for measuring and disclosing the 1.5°C alignments of steel lending portfolios. These were carefully designed over the course of a year by the aforementioned working group facilitated by the RMI to support the practical achievement of net zero emissions in the steel industry.