Steel Industry

Cleaning up steel is key to tackling climate change. Technology to make grey metal green will not be rolled out commercially until 2030s. Globally, steel is responsible for 7 per cent to 9 per cent of all direct emissions from fossil fuels, with each tonne produced resulting in an average 1.83 tonnes of CO2, according to the World Steel Association. And as the world’s population grows, demand is only predicted to increase.

FT 1st Jan 2019 read more »