'Relining is a costly investment decision that can extend the life cycle of coal-based steelmaking by decades, locking in significant emissions potential and diverting much-needed capital from lower-emissions technology like direct reduced iron plants and electric arc furnaces'

📢 New GEM research reveals that over half of Russia's 🇷🇺 coal-based blast furnace capacity is set for relining in the next decade.

Can the country seize the opportunity to pivot towards greener technologies?

Find out more in our latest briefing: bit.ly/3HW608x

If the #Steel industry decarbonised, it would be equal to removing all India's greenhouse gas emissions. Help us do that. Learn more here: bit.ly/49ixXDE #NowHiring #

As steel's climate impact is examined, can the industry embrace greener practices?

GEM's Caitlin Swalec believes it can: 'The steel industry has been through these big changes before, it's totally possible to go through them again.'

Watch the full video:
ft.com/video/d70764be…

Though we've seen movement in green iron/steel announcements over the past few years, top steel producers still need to commit to clear and transparent net zero goals.

Half a billion tons of emissions that we cannot afford. Its time to draw a redline on coal in steelmaking. #beyondcoal #greensteel #CBAM #coal #steel

Steel industry makes ‘pivotal’ shift towards lower-carbon production | Molly Lempriere w/ comment from Caitlin Swalec Chris Bataille Global Energy Monitor

Read here: bit.ly/3sNCahW

Reuters reports on the potential for massive increases in emissions in India if the country continues with its coal-based steelmaking plans

reuters.com/article/global…

NEW – Steel industry makes ‘pivotal’ shift towards lower-carbon production | Molly Lempriere w/ comment from Caitlin Swalec Chris Bataille Global Energy Monitor

Read here: bit.ly/3rznW3P

This growth comes at a critical time as the steel industry faces a significant US$554 billion in stranded asset risk. 💰

Caitlin Swalec, Program Director for Heavy Industry at GEM says, “Steel producers and consumers need to raise ambition for decarbonization plans.'

The risk of NOT investing in green steel is continued job loss. Green steel investments can stem the tide and reinvigorate a critical industry in Rust Belt & beyond. This means dropping coal from steel production #beyondcoal #steel #climatecrisis #ohio #Pennsylvania

🔥 New investments in coal-based steelmaking are a clear & present danger to the planet. 71% of global coal-based blast furnaces facing reinvestment by 2030. Let's avoid locking in high-emission technologies for another 20 years. #Steel #GreenSteel #Coal #Climate

#Chicago had the worst air in the world this week b/c the planet is burning. At #globalsteeldynamicsforum we let the #steel industry know they need to be accountable for their role in the #climateemergency . We need urgent action: No new investments in coal-based steel

Data from Global Energy Monitor shows that the steel industry is not shifting away from coal-based steel production quickly enough to meet net zero targets. SteelWatch is stepping up to change that. Welcome!

Please welcome SteelWatch officially. Proud to have helped take this from idea to official organization over the last year. Please give us a follow friends. #steel #ClimateEmergency #greensteel #climate #beyondcoal

Groundbreaking standards for cleaner concrete and asphalt — paving the way for deeper decarbonization in the industrial sector!