The Parliamentary Consultative Committee meeting for Ministry of Steel was convened on 6 May 2022 at Shimla to brainstorm on Transition towards Green Steel. Union Steel Minister Mr Ram Chandra Prasad Singh urged upon the stakeholders to come together in development of a time bound action plan and concerted efforts for lowering of the emissions from the steel industry in line with the commitments made so that production of Green Steel can be fulfilled and promote Atmanirbhar Bharat.In this meeting, discussions were held with experts from the steel industry, on the present scenario and the way forward for promoting the transition towards Green Steel. Various strategies & technologies that can be adopted by the steel industry to produce green steel, their pros & cons and their Technology Readiness Levels and when these are like to be available commercially were also discussed. The focus of the discussion was on the prospects of use of Green Hydrogen for use in producing iron and also the use of CCUS technologies for lowering the emissions.Iron and Steel sector is specially challenging with regard to reduction in Carbon Dioxide emissions, as use of fossil fuel based energy & reductant is deeply embedded in the production process. The emissions from the Indian iron & steel industry is higher primarily due to higher usage coal based energy source and as reductant. It is thus imperative for the Indian steel industry to reduce its emissions substantially and pressure to reduce it is growing by the day in view of the commitments made in the COP26.
The Parliamentary Consultative Committee meeting for Ministry of Steel was convened on 6 May 2022 at Shimla to brainstorm on Transition towards Green Steel. Union Steel Minister Mr Ram Chandra Prasad Singh urged upon the stakeholders to come together in development of a time bound action plan and concerted efforts for lowering of the emissions from the steel industry in line with the commitments made so that production of Green Steel can be fulfilled and promote Atmanirbhar Bharat.In this meeting, discussions were held with experts from the steel industry, on the present scenario and the way forward for promoting the transition towards Green Steel. Various strategies & technologies that can be adopted by the steel industry to produce green steel, their pros & cons and their Technology Readiness Levels and when these are like to be available commercially were also discussed. The focus of the discussion was on the prospects of use of Green Hydrogen for use in producing iron and also the use of CCUS technologies for lowering the emissions.Iron and Steel sector is specially challenging with regard to reduction in Carbon Dioxide emissions, as use of fossil fuel based energy & reductant is deeply embedded in the production process. The emissions from the Indian iron & steel industry is higher primarily due to higher usage coal based energy source and as reductant. It is thus imperative for the Indian steel industry to reduce its emissions substantially and pressure to reduce it is growing by the day in view of the commitments made in the COP26.
