12,087.97 TRY BIST 100 BIST 100
50.27 EUR EUR EUR
43.06 USD USD USD
6.20 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
36.95 TRY Interest Interest
62.46 USD Fossil Oil Fossil Oil
5.85 USD Copper Copper
106.83 USD Silver Silver
108.03 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,199.18 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Green energy push in steel industry by Sharif Metals Group leader

Dr. Salam Al Sharif, President of Sharif Metals Group, made important statements about the steel industry's transition to green energy and its environmental impact at the Global Steel Summit panel.

Green energy push in steel industry by Sharif Metals Group leader

According to Al Sharif, the steel industry consumes 7% of the world's energy resources, with carbon emissions reaching 10%. This poses a significant problem in terms of environmental pollution and increases the pressure on carbon emissions globally.

Al Sharif emphasized the impact of steel production on the environment, noting that this global trend has increased the demand for investments in carbon reduction. He also proudly announced that the United Arab Emirates (UAE) will take important steps in this area next month.

Al Sharif said that 1.7% carbon emissions are produced from one ton of iron ore to make steel by the producer, stressing that steel producers have a great impact on the environment. Al Sharif emphasized the importance of efforts on green energy and pointed out that expectations and budget will also be affected in this process.

In terms of consumption, Al Sharif stated that 0.4 tons of carbon emissions are emitted from 400 kg of steel. By addressing this balance between steel production and consumption, he emphasized the importance of steering the environmental impact of the steel industry in a more sustainable direction.

Al Sharif stated that the transition to green energy is not only an environmentally friendly step, but will also provide an economic and sustainable approach for the industry, noting that the steel industry should make more efforts in this regard.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Tata Steel records best-ever quarterly crude steel performance

Friday, January 9, 2026

U.S. steel products imports increased by 11% month on month in October

Friday, January 9, 2026

Largo has entered into a USD 56 million pre-sale agreement for 4.5 million tons of iron ore in Brazil

Friday, January 9, 2026

German industrial output increase 0.8% in November, beating expectations

Friday, January 9, 2026

Industrial production increased by 2.5% as monthly and 2.4% as yearly in November

Friday, January 9, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now