Several actions needed for the green transition of the iron and steel industry

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Overview Kiruna. Landscape.
The iron and steel industry currently accounts for around 7 percent of global carbon emissions. A new report shows that there is good potential for realizing technology shifts in iron and steel production, which can have a major impact on reducing carbon emissions. Photo Adobe Stock.

Faster and more predictable permitting processes, climate requirements in procurement and national risk sharing linked to municipal investments in housing and public services. 
These are some of the policy measures highlighted as important to accelerate the transition to fossil-free steel, according to a new research report. 
Read more on our Swedish website

Researchers from IVL Swedish Environmental Research Institute, Luleå University of Technology and Chalmers University of Technology have looked at the obstacles and opportunities to transform the iron and steel industry. 
In the new report, Framväxten av nya fossilfria värdekedjor från malm till fordon,they give examples of areas where new forms of political governance and policy instruments need to be put in place. These include the need for local value sharing in connection with the establishment of new electricity production and national risk sharing linked to municipal investments in housing and public services. 
Read more about the report, Framväxten av nya fossilfria värdekedjor från malm till fordon, on our Swedish website.