Report: Decarbonisation in the global steel sector: tracking the progress

The global steel sector is making progress towards reducing its CO2 emissions but is not yet on track to half CO2 emissions by 2030 or fully decarbonise by 2050, which supports other studies. This report estimates that the global steel sector could potentially reduce CO2 emissions between 7-10% in 2030 and 30-39% in 2050, when compared to the baseline scenario, through full implementation of existing GHG reduction targets in steel producing companies. This is equivalent to a reduction from 2019 levels between 6-12% in 2030 and 36-50% in 2050.

Resource: Decarbonisation in the global steel sector: tracking the progress

Author: Maria Jose de Villafranca Casa, Anna Nilsson, Sybrig Smit, Joël Beuerle, Takeshi Kuramochi, 2022