India’s Union Minister of Steel & Civil Aviation Mr Jyotiraditya M Scindia has urged the Indian steel industry to move towards green and low carbon emitting production processes while speaking at the launch of Kalyani Group's first green steel brand 'Kalyani FeRRESTA' in New Delhi this week. Mr Scindia said “That as the fifth largest economy and second largest producer of steel, India needs to also become a responsible and sustainable producer of steel.Through strategic policy interventions, the government has resolved to bring down carbon emissions by 2030 and strengthen the country's commitment towards producing green steel.” Mr Scindia added that “The government and other stakeholders need to work together to decarbonise the industry by ensuring increased use of renewable energy, efficient raw materials like scrap and pellets, best available technologies and green hydrogen. Together the industry needs to move from fossil fuel intensive BF-BOF route and Coal-based DRI-EAF/IF to gas-based DRI-EAF to ensure a successful transition to green steel.” Mr Scindia also talked about mandating steel producers of the nation to dedicate a percentage of their production to making green steel and ensuring greater usage and promotion of the same in government projects. India’s Union Minister of State for Steel & Rural Development Mr Faggan Singh Kulaste while speaing at a CII summit exhorted the steel industry to arrive at a consensus amongst them to devise a suitable strategy towards decarbonization for becoming a sustainable steel industry. Mr Kulaste said that “Decarbonization of steel sector has assumed a great urgency in view of global concerns to reduce emission to net zero. India emits on an average 2.55 tonnes of carbon dioxide gas per tonne of crude steel produced, while the global average carbon emission per tonne of crude steel produced is 1.8 tonnes. There has been lot of discussion that usage of green hydrogen in steel production will be an enabler towards the objective of decarbonization of the sector. Indian Steel Industry needs to work together to come to an adaptable solution to continue to maintain their edge globally in steel production.” Mr Kulaste advised the industry that they should come out with implementable suggestions out of the day long deliberation for the consideration of the government.
India’s Union Minister of Steel & Civil Aviation Mr Jyotiraditya M Scindia has urged the Indian steel industry to move towards green and low carbon emitting production processes while speaking at the launch of Kalyani Group's first green steel brand 'Kalyani FeRRESTA' in New Delhi this week. Mr Scindia said “That as the fifth largest economy and second largest producer of steel, India needs to also become a responsible and sustainable producer of steel.Through strategic policy interventions, the government has resolved to bring down carbon emissions by 2030 and strengthen the country's commitment towards producing green steel.” Mr Scindia added that “The government and other stakeholders need to work together to decarbonise the industry by ensuring increased use of renewable energy, efficient raw materials like scrap and pellets, best available technologies and green hydrogen. Together the industry needs to move from fossil fuel intensive BF-BOF route and Coal-based DRI-EAF/IF to gas-based DRI-EAF to ensure a successful transition to green steel.” Mr Scindia also talked about mandating steel producers of the nation to dedicate a percentage of their production to making green steel and ensuring greater usage and promotion of the same in government projects. India’s Union Minister of State for Steel & Rural Development Mr Faggan Singh Kulaste while speaing at a CII summit exhorted the steel industry to arrive at a consensus amongst them to devise a suitable strategy towards decarbonization for becoming a sustainable steel industry. Mr Kulaste said that “Decarbonization of steel sector has assumed a great urgency in view of global concerns to reduce emission to net zero. India emits on an average 2.55 tonnes of carbon dioxide gas per tonne of crude steel produced, while the global average carbon emission per tonne of crude steel produced is 1.8 tonnes. There has been lot of discussion that usage of green hydrogen in steel production will be an enabler towards the objective of decarbonization of the sector. Indian Steel Industry needs to work together to come to an adaptable solution to continue to maintain their edge globally in steel production.” Mr Kulaste advised the industry that they should come out with implementable suggestions out of the day long deliberation for the consideration of the government.
