9,936.76 TRY BIST 100 BIST 100
33.95 USD USD USD
37.74 EUR EUR EUR
4.82 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.36 TRY Interest Interest
72.78 USD Fossil Oil Fossil Oil
28.74 USD Silver Silver
28.74 USD Copper Copper
91.32 USD Iron Ore Iron Ore
373.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,753.33 TRY Gold (gr) Gold (gr)

India set to pilot green steelmaking initiative

A consortium led by the Institute of Minerals and Materials Technology (IMMT) is set to pilot India's first green steelmaking initiative using 100% hydrogen-based direct iron reduction (DRI).

India set to pilot green steelmaking initiative

A consortium led by the Institute of Minerals and Materials Technology (IMMT) is set to pilot India's first green steelmaking initiative using 100% hydrogen-based direct iron reduction (DRI).

The project, supported in part by the Indian Steel Ministry, aims to significantly reduce carbon emissions by replacing coking coal with hydrogen.

The Steel Ministry recently floated tenders under the national green hydrogen mission and allocated ₹455 crore (approximately USD 55.5 million) to enable industry participation in this initiative. In addition, IIT-Roorkee has proposed retrofitting blast furnaces to use gas or bio-coke as an alternative.

Traditional steel production in India relies heavily on coking coal, which leads to significant CO emissions. Although electric arc furnaces are less carbon-intensive, they still contribute to pollution. Globally, steel production is responsible for 7-9% of annual CO emissions. The average CO emission intensity of the steel industry has fallen from 3.1 T/tcs (CO per 1 ton of crude steel) in 2005 to 2.64 T/tcs in 2020 and is targeted to be reduced to 2.4 T/tcs by 2030.

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
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

Netherlands restricts exports of chip manufacturing equipment

Saturday, September 7, 2024

Pakistan launches anti-circumvention investigation into products imported from China

Thursday, September 5, 2024

Steel Dynamics demands antidumping duties on US imports

Saturday, September 7, 2024

International Finance Corporation signs agreement with Indonesian steelmaker

Thursday, September 5, 2024

Iron ore prices and demand in China's steel market

Saturday, September 7, 2024
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