Major Asian steelmakers have been striving to develop decarbonization technologies for the current blast furnace-basic oxygen furnace (BF-BOF) steelmaking, given the global green steel production drive and large number of existing blast furnaces built in recent years.

Durable carbon dioxide removals (CDRs) are vital for addressing emissions but remain costly, with adoption currently limited to high-profit sectors, though declining costs and rising affordability signal broader market growth ahead.

Middle Eastern steelmakers are ramping-up their efforts to reduce carbon emissions, taking several bold steps toward this goal

Europe and the UK are spearheading the global shift to renewable fuels with ambitious policies like RED III, RTFO, and ReFuelEU, driving sustainable aviation fuel (SAF) adoption, while trade defenses ensure fair competition and industrial growth in the renewable energy sector.

With the race to decarbonize the steel sector gathering pace around the world, Fastmarkets reached out to subject experts in Europe, to discuss the major challenges and opportunities that lie ahead in the new, green steel landscape.

Read Fastmarkets' monthly battery raw materials market update for March 2025, focusing on raw materials including lithium, cobalt, nickel, graphite and more

How could the EUDR could reshape the future of the pulp and paper industry? In our recent Viewpoint article by European packaging director Alejandro Mata Lopez we explore the potential challenges and opportunities for the market and global trade

2025 global steel market preview: 10 key themes shaping steel and ferro-alloys, from growth to decarbonization and protectionism.

This legislation emphasizes the crucial role of graphite in electrification efforts and highlights the ongoing significance of both natural and synthetic graphite in the EU's green transition journey

The International Energy Agency (IEA) and the UN High Level Climate Champions (UN HLCs) have developed a roadmap detailing a global implementation plan for governments and initiatives in the steel industry, aimed at accelerating decarbonization, Fastmarkets heard at the 29th Conference of the Parties (COP29) of the United Nations Framework Convention on Climate Change (UN FCCC).