Steel giant ArcelorMittal has been reluctant to invest into Hydrogen-based steelmaking. But its alternatives it calls Smart Carbon are not doing great either. Its flagship Steelanol project in Belgium could be shut down soon, and the closely related Torero project faces technical challenges.
Well written article on complicated topic. I hadn’t realised - even as a belgian climatologist - that one plant was responsible for so much emissions.
I reckon that in europe as a whole, we have enough steel and need to shift to recycling it more efficiently (including dismantling some reinforced concrete structures, ol pipes etc), although that’s not the case in Africa, India with with growing population.