Featured in Further upstream – 10-2024

UP: Sustainable steel

Steel manufacturing accounts for 8% of global energy demand and 7% of energy-related CO2 emissions, according to the International Energy Agency. The World Steel Association says energy use per ton of steel has dropped by 60% since the 1970s and steel is the world’s most recycled material, but there is still room for improvement. pv magazine’s UP initiative looks at opportunities for the industry to be greener, such as integrating solar and energy storage.
Globally, the steel industry is a major energy consumer and CO2 emitter, but it is taking steps to reduce its environmental impact. | Photo: Nextracker

 The 2023 pv magazine Award for Sustainability went to steel producer Arcelor Mittal for its XCarb steel product, produced in a 100% renewables-powered electric arc furnace and incorporating a high percentage of recycled material. Arcelor Mittal said it powers the furnaces producing that type of steel by using independently verified clean energy, backed by a guarantee of …

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