The problem
The steel industry ranks among the highest contributors to global green house emissions and is exceptionally energy-intensive.
In 2021, the global steel industry emitted over 3.6 gigatons of carbon dioxide, accounting for approximately 11% of total global CO2 emissions and around 7% of total GHG emissions.
The top five countries (China, India, Japan, the U.S., and Russia) accounting for 74% of the total global steel output.
