News » A Green Deal on Steel video series - episode 5
A Green Deal on Steel video series - episode 5
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This is the fifth episode in EUROFER's Green Deal on Steel series: Carbon Direct Avoidance.
The current techniques for making steel from iron ore are at their thermodynamic limits and electricity-based steel processes cannot, presently, rely on having access to fully renewable energy sources.
This is where Carbon Direct Avoidance comes in. Carbon Direct Avoidance tries to avoid the generation of carbon oxides in the first place.
There are two main ways.
There is hydrogen-based metallurgy, which uses hydrogen to replace carbon in steel production processes. This hydrogen could be produced using renewable energy.
Then there is electricity-based metallurgy, which uses electricity with a greater focus on renewable energy.
Carbon Direct Avoidance projects include HYBRIT, H2Steel, tkH2Steel GrInHY, SALCOS Hydrogen Hamburg and SIDERWIN. Further projects focus on the scrap or direct reduction of iron routes, involving circular economy solutions, process integration and Carbon Direct Avoidance via hydrogen and electricity use.
These projects are already underway at various levels across Europe, and when deployed could revolutionise how steel is made.
Brussels, 12 November 2024 - Ahead of Commissioner-Designate Séjourné’s hearing in the European Parliament, European steel social partners, supported by cross-party MEPs, jointly call for an EU Steel Action Plan to restore steel’s competitiveness, and save its green transition as well as steelworkers’ jobs across Europe.
Brussels, 29 October 2024 – The European steel market faces an increasingly challenging outlook, driven by a combination of low steel demand, a downturn in steel-using sectors, and persistently high import shares. These factors, combined with a weak overall economic forecast, rising geopolitical tensions, and higher energy costs for the EU compared to other major economic regions, are further deepening the downward trend observed in recent quarters. According to EUROFER’s latest Economic and Steel Market Outlook, apparent steel consumption will not recover in 2024 as previously projected (+1.4%) but is instead expected to experience another recession (-1.8%), although milder than in 2023 (-6%). Similarly, the outlook for steel-using sectors’ output has worsened for 2024 (-2.7%, down from -1.6%). Recovery projections for 2025 are also more modest for both apparent consumption (+3.8%) and steel-using sectors’ output (+1.6%). Steel imports share rose to 28% in the second quarter of 2024.
Fourth quarter 2024 report. Data up to, and including, second quarter 2024