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29 Mar
14:40

Decarbonisation drive sees 'carbon leakage', slow EAF transition

Efforts to decarbonise the global economy will bring greater scrutiny to the energy and carbon intensity of the steel sector, which is responsible for 6-7% of global emissions, according to Moody’s. Electric arc furnaces have emissions consistent with most decarbonisation requirements, but their further uptake is limited by the availability of scrap and competitively-priced electricity. According to the International Energy Agency (IEA), most of the steel …
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