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The Steel Industry in the European Union on the Crossroad to Carbon Lean Production—Status, Initiatives and Challenges

Monika Draxler, Johannes Schenk, Thomas Bürgler, Axel Sormann

2020BHM Berg- und Hüttenmännische Monatshefte18 citationsDOIOpen Access PDF

Abstract

Abstract The EU commission has committed to fulfil the targets of greenhouse gas (GHG) emission reduction in 2050 by 80% in comparison to the level of 1990. The fulfilment of the EU’s climate policies brings new challenges for the iron and steel industry. The European steel industry is forced to develop strategies for the transition of their technology to a carbon lean production and to keep the competitiveness in the world market. The steel companies in EU27 are taking the challenge to secure the steel production in Europe and have launched innovation projects for CO 2 mitigation with the focus on the technological pathways Carbon Direct Avoidance (CDA) and Smart Carbon Usage (SCU), which are, beside Circular economy, defined as important pillars for CO 2 abatement in European steel industry. The transformation of the steel industry must go hand in hand with a decarbonisation of the energy supply and other industries within EU27.

Topics & Concepts

Greenhouse gasEuropean commissionBusinessEuropean unionProduction (economics)Carbon marketCircular economyCarbon fibersIndustrial organizationNatural resource economicsInternational tradeEconomicsEcologyMaterials scienceBiologyMacroeconomicsComposite materialComposite numberIron and Steelmaking ProcessesMetallurgical Processes and ThermodynamicsMetal Extraction and Bioleaching