6/15/2023 0 Comments Download rise of nations steelSteel Sector Decarbonisation Focused on Green Hydrogen ![]() Options to address the issue include increased focus on the development of mines that can produce high-quality iron ores, further processing of existing ores to improve the grade (beneficiation) and technology solutions that enable the use of lower grade iron ore in DRI processes. The global steel sector is still largely focused on existing coal-consuming blast furnace operations, giving iron ore miners an incentive to continue producing blast furnace-grade iron ore, rather than ores with higher iron content used for direct reduction (DR-grade). Such a shortfall could handicap a faster switch to DRI technology this decade as well as delaying longer term targets to significantly ramp up DRI operations to reach net-zero emissions targets by 2050. However, insufficient supply of suitable iron ore is a potential challenge to a global shift towards zero-emissions DRI processes. Switching from blast furnaces that consume coal to green hydrogen-based direct reduced iron (DRI) processes is widely considered a key step in the global steel sector’s decarbonisation pathway.
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