Why everyone is talking about ‘green steel’ at COP26

Among the rhetoric of climate change bingo and platitudes, there’s a term I’ve been hearing a lot at COP26 this week — green steel. But what is it, why does it matter, and what does it actually mean for us, the consumers and end-users?  The global steel industry is one of the world’s largest emitters of carbon dioxide, representing approximately 7% of global CO2 emissions. Demand for fossil-free steel is growing substantially with solid interest from global market leaders in automotive, commercial vehicles, white goods, furniture, etc. And the most significant noise is therefore around “green steel”. What is green…

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