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The publishing organization ispublisher:CAPE
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Summary and key findings insummary:"conflict of interest"
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Climate tags, frame/perspective and analysis type hasconcept:"Climate Justice"
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Regions the document covers or discusses geography:Canada
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Analysis TypeEmissions intensity analysis
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  • The global iron and steel industry faces a 'coal lock-in crisis' as blast furnace (BF) capacity continues to expand despite decarbonization targets. While electric arc furnace (EAF) and direct reduced iron (DRI) capacities are growing, the transition is slowed by massive legacy assets in China and aggressive new coal-based developments in India. Green hydrogen remains a critical but underutilized bottleneck, with only 2% of operating DRI capacity using it as a primary reductant. The report highlights a significant gap between announced net-zero goals and actual industrial investment, particularly regarding the relining of existing blast furnaces.

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    This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

    Themes: green hydrogencarbon capture and storageCarbon Border Adjustment MechanismNet-zero emissions
    Global Energy Monitor

    Document type: Report

    Regions: World
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