'Metalmorphosis': How the net zero transition could redraw the global steel map

Cecilia Keating
clock • 8 min read
An electric arc furnace | Credit: iStock
Image:

An electric arc furnace | Credit: iStock

Decarbonisation of steel will redefine supply chains, with 'metallic hubs' emerging in places with access to low carbon hydrogen resources, Wood Mackenzie predicts

The net zero transition will redraw steel supply chains and trade patterns, as proximity to clean energy and hydrogen resources becomes critically important to steelmakers and their suppliers. That...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

IEA: Global clean energy investment to hit record $2.2tr in 2025

IEA: Global clean energy investment to hit record $2.2tr in 2025

Global investment in renewables and clean technologies expected to be double that in fossil fuels in 2025, as total global energy investment set to surge to a record $3.3tr, new IEA report predicts

Stuart Stone
clock 05 June 2025 • 6 min read
Why a coordinated UK data centre plan is needed to avert a surge in emissions

Why a coordinated UK data centre plan is needed to avert a surge in emissions

Aurora Energy Research stresses need for coordinated approach between data centres, networks, and generators to manage surge in data centre power demand and avoid a rise in emissions

clock 05 June 2025 • 4 min read
'Time is already running out': UK risks missing clean power target, Lords Committee warns

'Time is already running out': UK risks missing clean power target, Lords Committee warns

Report questions feasibility of decarbonising UK electricity system by at least 95 per cent by 2030 given pace and scale of change required

Stuart Stone
clock 05 June 2025 • 6 min read