The #globalsteel sector is at a crossroads: before 2030, more than 70% of global coal-based steelmaking capacity (black) will reach their end-of-life and require reinvestment. Getting these reinvestment decisions in line with climate neutrality will be key! (Thread: 1/15) By 2030, 71% of the global blast furnace fleet will reach the end of its technical lifetime. In emerging economies, at least ~175 Mt of new #steelmaking capacity is required to meet rapidly rising steel demand. (2/15)

WOW, in case you missed it like I did:
The world's No. 4 steel producer, 🇨🇳 HBIS group, plans to achieve carbon neutrality by 2050. Does this herald a development where steelmaking emissions in China will reach net-zero by 2050 already? Thread: (1/7)
reuters.com/article/us-chi… First things first: the top 5 global steel producers have all commited to carbon neutrality 2050!

✅1. 🇱🇺ArcelorMittal, 97 Mt steel (2019)
✅2. 🇨🇳Baowu Group, 95 Mt
✅3. 🇯🇵Nippon Steel, 52 Mt
✅4. 🇨🇳HBIS, 47 Mt
✅5. 🇰🇷POSCO, 43 Mt

(2/7)

The EU steel industry is at the crossroads: by 2030 ~50% of blast furnaces will reach their end-of-life. Which EU countries are affected by 2030? Do we have a plan for the transition? Spoiler: bold policy will make all the difference. Thread (1/11) What are the EU countries where blast furnace capacity will reach their end-of-life before 2030?
🇦🇹 49% of total primary steel capacity
🇧🇪 50%
🇨🇿 81%
🇩🇪 50%
🇪🇸 50%
🇫🇮 50%
🇫🇷 48%
🇮🇹 5%
🇳🇱 100%
🇵🇱 47%
🇸🇰 100%

Bonus:
🇬🇧 39%

(2/11)

3 things this @nytimes article about decarbonizing steel fails to question critically. It thereby (unintentionally) contributes to preserve a fossil status quo instead of getting the transformation narrative right. Thread: (1/13) nytimes.com/2021/03/17/bus… No. 1: Non-availability of H2
H2 use in steelmaking is presented in a way that the steel industry cannot act now because "[H2] ... is many years away". The article quotes ArcelorMittal's EU CEO: “Today, this is impossible, because there is no H2.” (2/13)

1/ What’s the future of ammonia production in 🇪🇺? Replacing grey H2 with green H2 and the job is done? Unfortunately, it’s not as simple as that. Will BECCS be an option? Some initial thoughts and questions.
#industrydecarbonizationtwitter feedback/discussion very welcome! #H2 2/ Ammonia (NH3) is produced at a few dozen sights in Europe and responsible for 1/5 (24 MtCO2) of the CO2 emissions of the EU chemical industry. Ammonia is used for many different products of the chemical industry, but the vast majority goes into the production of fertilizers.

1/ What does the new 🇪🇺 2030 climate target of -55% mean for industry in the EU ETS?
With regard to COP 26 and updated NDCs, what can hard-to-abate-sectors contribute to higher climate ambition in the next decade? Let's take a look at:
-steel
-chemicals
-cement
#EUGreenDeal 2/ How will the EU reach the target of -55%? The heavy lifting will most likely be done in the EU ETS:
1.) accelerated coal phase-out
2.) lower refinery output (due to e-mobility/heat pumps)
3.) the rest needs to come from heavy industry (aka the hard-to-abate sectors)