Steel industry decarbonization drive could lead to surge in demand for electricity

The ongoing decarbonization drive in the global steel industry is likely to lead to a surge in demand for electricity, sources told Fastmarkets.

Around the world, various new steelmaking technologies, including using hydrogen and carbon capture, utilization and storage (CCUS) are being developed and explored to help the steel sector achieve emission reductions....

Published

Tianran Zhao

February 28, 2022

12:43 GMT

Shanghai