Page 25 - Steel Tech India eMagazine Volume January 2023

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JDVL¿FDWLRQ RU HOHFWUicity to produce steel. How are Indian steelmakers contributing to the
According to ArcelorMittal Nippon Steel India’s reduction of carbon emissions?
presentation, the iron ore and steel industry globally Global steelmakers are focusing on green steel options
accounts for around 8 percent of total CO emissions and Indian companies are no exception. Even as their
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on annual basis, whereas in India, it contributes 12 actions aren’t as concrete as the global players, the
percent to the total CO emissions. (Representative
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Steel is the most commonly used metal in almost Odisha plant into the largest and greenest facility in the
everything – from cars, aeroplanes, ships, machinery, ZRUOG 7KH FRPSDQ\ FODLPV WR EH WKH ¿UVW VWHHOPDNHU
and buildings to washing machines and household LQ WKH ZRUOG WR EXLOG FRDO JDVL¿FDWLRQ WR SURGXFH VWHHO
items. However, around 75 per cent of steel globally
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amounts of carbon dioxide into the atmosphere. Tata Steel’s Netherland subsidiary has launched
With climate change threatening the globe, =HUHPLV &DUERQ D JUHHQ VWHHO VROXWLRQ WKDW RႇHUV D
governments and industries are looking at sustainable 30 percent reduction in CO intensity as part of its aim
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ways of production across industries to reduce carbon to eliminate CO emissions by 2050. The company
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emissions, and there is a major focus on the steel has committed to switching to green hydrogen-based
industry. steelmaking. It is aiming to reduce CO emissions by
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A week back, mining billionaire Anil Agarwal-owned at least 30 percent by 2030 and to emit 75 percent
Vedanta partnered with IIT-Bombay to develop less CO by around 2035, with the ultimate goal of
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technology for producing green steel using hydrogen, eliminating CO emissions by 2050.
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ZKLFK WDUJHWV D VLJQL¿FDQW UHGXFWLRQ LQ FDUERQ IRRWSULQW JSW Steel has earmarked Rs 10,000 crore to increase
Vedanta is not the only company to tread the green the use of renewable energy to replace thermal power
path, many other metal companies, both globally and and other green initiatives. ArcelorMittal-Nippon
locally, across sectors and geographies, have been Steel India, a joint venture between ArcelorMittal
chalking plans to decarbonise their operations. and Nippon Steel, has committed Rs 273 crore for
Green steel is the manufacturing of steel without the various environmental initiatives including a zero liquid
use of fossil fuels. This new phenomenon is about discharge system at its Hazira steel complex in Gujarat.
producing steel by using low-carbon energy sources What are the hurdles for green steel production?
VXFK DV K\GURJHQ FRDO JDVL¿FDWLRQ RU HOHFWULFLW\ LQVWHDG While green steel is the way forward to reduce the
of the traditional carbon-intensive manufacturing route
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reports, experts and companies are to be believed,
Have global companies launched green steel then green steel is still decades away.
projects?
According to Aruna Sharma, former Steel Secretary,
Several global players have taken aggressive action “Green steel is far-fetched till natural gas availability
toward climate control by signing up for more carbon- and hydrogen gas become commercially viable.” She
neutral ways of producing steel. Mercedez-Benz has
bought an equity stake in H Green Steel, while BMW added since all the investments are just being made so
2 least one generation will continue to manufacture steel
has sealed a deal with H Green Steel on low-CO
2 2 via coking coal base, but CO capture and disposal of
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automotive production. down carbon emissions.
ArcelorMittal Sestao (Spain) plans to construct green %XW $XVWUDOLD EDVHG ÀDW VWHHO PDQXIDFWXULQJ %OXHVFRSH
hydrogen direct reduced iron plant at Gijon as well as a Steel suggests that “one of the major drags on
new hybrid electric arc furnace. SSAB’S produces the green steel developments is the global energy crisis,
ZRUOG¶V ¿UVW IRVVLO IUHH VWHHO LQ 6ZHGHQ DQG GHOLYHUV LW particularly in Europe, because green steel requires
to Volvo. It also delivers fossil-free steel to Mercedez VLJQL¿FDQWO\ PRUH HOHFWULFLW\ WKDQ WUDGLWLRQDO VWHHOPDNLQJ
Benz. Bluemint Steel-Thyssenkrupp Steel has launched methods”.
steel with an allocated low CO intensity. An unstable energy market is starting to hollow out
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