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Russia doubles down on coal-based steelmaking, even as opportunity grows for greener technology
This February 2024 briefing by Global Energy Monitor examines the Russian steel industry's continued reliance on coal-based blast furnace-basic oxygen furnace (BF-BOF) technology despite international pressure to decarbonize. The report highlights the potential for a transition to hydrogen-based direct reduced iron-electric arc furnace (DRI-EAF) production to meet EU carbon tariffs and corporate sustainability requirements, while noting that Russia currently prioritizes refurbishing old blast furnaces and pursuing unproven carbon capture and storage (CCS) projects.
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Document type: Briefing
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