Revamping Indian Steel: Japan's Green Alliance

India
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Synopsis:

India's Steel Ministry seeks Japanese partnerships to curb emissions in steel production, focusing on hydrogen use and innovative coke-making techniques, reports Business Line. With rising imports and plans to adopt Japanese technologies, India aims for a greener steel future amid global emission reduction endeavors.

Article:

India's Steel Ministry is eyeing strategic collaborations with Japan to combat carbon emissions in the steel industry. The alliance intends to secure funding from Japanese entities to introduce cutting-edge technologies, a move highlighted in two pivotal projects aiming to transform steel production processes.

The steel sector in India grapples with excessive carbon emissions due to reliance on raw materials like iron ore and coal, differing from global practices emphasizing alternative sources like scrap. In response to heightened steel imports, notably from China, India has implemented safeguard measures, including imposing 8-12% import duties.

Projections indicate India's trajectory toward becoming the primary importer of metallurgical coal by 2026. The envisaged integration of Japanese technologies anticipates a significant reduction in CO₂ emissions. This includes initiatives to replace coke with hydrogen and incorporate Carbon Capture, Utilization, and Storage (CCUS) technologies.

Nippon Steel's 'Super COURSE 50' project showcases a promising 22% decrease in CO₂ emissions and targets a further 30% reduction by 2023. India aims for a 45% emissions cut by 2030, aligning with global efforts for a more sustainable future.

The SCOPE 21 project focuses on advanced coke-making methods, encouraging the use of non-coking coal to enhance productivity. Despite global benchmarks, India's steel industry parameters lag, presenting opportunities for growth and alignment with international standards.

India's commitment to emission reduction involves a significant shift towards 1,500 GW of non-fossil fuel energy by 2030, emphasizing renewable energy integration in steel production and aspiring to produce 5 million metric tons of green hydrogen.

Conclusion

The collaborative venture with Japan signals India's commitment to greening its steel production. By embracing innovative technologies and aligning with global emission reduction goals, India's steel industry aims to optimize productivity while fostering a more sustainable and environmentally conscious future.

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