Europe has targeted a reduction of net greenhouse gas emissions by at least 55% by 2030, from 1990 levels. Consequently, steel producers in Europe will lead the green steel transition with a signification number of companies deciding to implement Carbon Direct Avoidance. This means shutting down existing BF/BOF and investing in EAF and DRI steelmaking technology.
China
and India are expected to achieve net zero by 2060 and 2070, respectively. As
such, traditional steelmaking technology will dominate for the foreseeable
future. India can reduce its emission by utilising natural gas for DRI
production rather than coal.
Tata Steel
Tata Steel aims to achieve a carbon
emission intensity of <2MtCO2e by 2025 and <1.8MtCO2e by 2030. At its
Jamshedpur plant the company has been using CO2 capture from blast furnace gas
utilising amine-based technology to enable for onsite reuse. Also, at the same
site the company conducted a trial for continuous injection of Coal Bed Methane
(CBM) in blast furnace to reduce emissions.