Tag #Steel Production

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es.euronews.com

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May 22, 10:12

India's Steel Expansion Threatens Climate Goals

India's plan to double steel production by 2030, heavily reliant on coal, threatens its climate goals and global emission reduction targets; this increase could double its current steel-related greenhouse gas emissions, currently at 12%, despite its ambitious renewable energy targets.

India's Steel Expansion Threatens Climate Goals

India's plan to double steel production by 2030, heavily reliant on coal, threatens its climate goals and global emission reduction targets; this increase could double its current steel-related greenhouse gas emissions, currently at 12%, despite its ambitious renewable energy targets.

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Climate Action

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What factors contribute to the high carbon intensity of India's steel production, and how does this compare to other major steel producers?

India's steel industry's high carbon intensity (2.6 tons of CO2 per ton of steel, 25% above the global average) stems from factors including cheap domestic coal, a young blast furnace fleet, limited natural gas and scrap availability, and an informal scrap recycling ecosystem. This contrasts with China, which reduced emissions per ton by increasing scrap use and retiring older coal plants. The consequences could extend to reduced steel exports due to potential carbon border taxes in markets like the EU.

theguardian.com

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Apr 12, 22:11

UK Government Intervenes to Save British Steel, Avert National Security Risk

Facing closure due to its Chinese owner's refusal to continue supplying coke and iron ore, the UK government intervened to prevent British Steel's Scunthorpe plant from shutting down, saving thousands of jobs and maintaining the UK's primary steel production capacity.

UK Government Intervenes to Save British Steel, Avert National Security Risk

Facing closure due to its Chinese owner's refusal to continue supplying coke and iron ore, the UK government intervened to prevent British Steel's Scunthorpe plant from shutting down, saving thousands of jobs and maintaining the UK's primary steel production capacity.

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Decent Work and Economic Growth

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How did decades of inadequate industrial policy contribute to British Steel's current crisis?

The UK's reliance on imported steel poses significant risks, particularly given global instability and trade protectionism. The closure of British Steel would leave the UK as the only G7 nation without primary steel production, handing a near-monopoly to ArcelorMittal. This dependence on foreign suppliers threatens various sectors, including construction, defense, and transportation.

theguardian.com

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Apr 15, 19:16

British Steel's Plight: Opportunity for Green Steel Revolution

The struggling British Steel industry presents an opportunity to transition to cleaner, more innovative steelmaking methods, potentially using hydrogen or all-electric processes, while maintaining economic and national security. This involves government investment, research, and potentially national...

British Steel's Plight: Opportunity for Green Steel Revolution

The struggling British Steel industry presents an opportunity to transition to cleaner, more innovative steelmaking methods, potentially using hydrogen or all-electric processes, while maintaining economic and national security. This involves government investment, research, and potentially national...

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How does the case of British Steel relate to broader concerns about industrial sovereignty and the impact of globalization on UK industries?

The crisis highlights the conflict between maintaining steel production and achieving net-zero emissions. While blast furnaces reliant on coal are unsustainable, transitioning to electric arc furnaces or innovative all-electric processes offers a path towards decarbonization. This transition requires investment in research, development, and infrastructure, alongside potentially nationalizing the industry to ensure its future.

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