Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy

The document outlines a strategy for India to transition to a green steel economy, identifying five primary technical levers—green hydrogen, renewable electricity, CCUS, scrap usage, and energy efficiency—and six policy objectives to drive the transition through standards, procurement, R&D, and sustainable finance.

• Emissions from the steel sector in India are projected to increase by 200 percent by 2050, necessitating decarbonization to meet economic and climate goals.
• The report identifies five primary levers for decarbonization: utilizing green hydrogen, increasing the share of renewable electricity in captive consumption, implementing carbon capture, utilization, and storage (CCUS), increasing the use of scrap, and improving energy efficiency.
• The proposed roadmap for a low-carbon steel economy consists of six objectives: defining green steel standards, advancing green energy uptake, establishing green procurement policies, supporting R&D for breakthrough technologies like H2 and CCUS, promoting pilots and clusters, and creating financing frameworks such as green bonds.

APA

RMI (2023). Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy. https://rmi.org/resources/decarbonising-the-indian-steel-industry/

Chicago

RMI. Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy. 2023. https://rmi.org/resources/decarbonising-the-indian-steel-industry/.

Wikipedia

{{cite report |author=RMI |title=Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy |date=27 March 2023 |url=https://rmi.org/resources/decarbonising-the-indian-steel-industry/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{rmi2023decarbonising, author = {{RMI}}, title = {{Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy}}, institution = {RMI}, year = {2023}, month = mar, url = {https://rmi.org/resources/decarbonising-the-indian-steel-industry/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }