The steelmaker’s guide to tackling upstream Scope 3 emissions
Find out how some of the top steel companies are tackling Scope 3 emissions in nine fact-filled sections
In this guide, you will learn more about why steelmakers are concerned about Scope 3 emissions and what some of the top steel companies are doing to tackle them in nine fact-filled sections.
Get your free copy today to learn more about Scope 3 emissions, including:
- What are Scope 3 emissions?
- Electric-arc furnace (EAF) steel production and the US advantage
- The impact of new technology and regulatory frameworks on Scope 3 emissions
- How some of the top steel companies are approaching raw materials, renewable energy and carbon capture to lower Scope 3 emissions
- The road ahead for steel companies and consumers of steel products, including a long-term outlook of the steel market
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Read our latest steel market analysis, including developments in Scope 1, 2 and 3 emissions, green steel premiums, market forecasts and more
The decarbonization of the steel industry has been widely discussed in Europe over the past few years. But much of the focus has been on blast furnace–basic oxygen furnace (BF-BOF) based mills, given their higher carbon intensity.
The global iron ore market, a pivotal component of the steelmaking industry, has historically been driven by simple supply and demand dynamics. However, steel trade tariffs, trade wars and a growing trend toward resource nationalism are reshaping this once-basic industrial staple. These forces, alongside rising environmental regulations and shifting trade patterns, are profoundly influencing iron ore pricing, production and consumption trends.
The European Union’s Carbon Border Adjustment Mechanism will be implemented in seven months’ time but the region’s steel industry was still not fully prepared for the gradual changes the system will involve, Fastmarkets heard on Thursday May 8 at the Made in Steel trade fair in Milan, Italy.
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