Our Featured Article archive is a collection of the Featured Articles that have been published on the Green Steel World home page. In addition to industry updates, market news and topical issues of the day the Feature Article provides an interesting mix of company profiles, in-depth technical articles, reports from major end users and projects in the low-carbon steel industries. If you wish your company to be in the spotlight in this category with an in-depth report written by our editorial team, please contact Annette Speer.
The European Union is continuing its effort to fight global warming and become a net zero continent by 2050. By agreeing to the world’s first Carbon Border Adjustment Mechanism (CBAM) in December 2022, the European Parliament and the EU Member states have once again attempted to confirm the region’s reputation as a global climate leader.
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.
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