Is there a path for #green #steel industry? Nicole Voigt from Boston Consulting Group (BCG) shares key insights for this #sustainability transformation journey
🛠️ Forging the Future of Green Steel: Key Takeaways from MIDREX® 2024! At the 2024 International Conference on MIDREX® Technology, Nicole Voigt delivered an impactful keynote that redefined what’s possible for the future of green steel. As the industry faces a transformative shift, here are the essential insights that will shape the path to a sustainable, low-emission future: ➡ Co-location of iron and steel-making is no longer necessary with the transportability of Hot Briquetted Iron (HBI). ➡ HBI production can be optimized for cost or emissions, relying on natural gas (NG) or green hydrogen (H2), respectively. ➡ Optimizing for low emissions gives certain geographies an advantage due to favorable conditions for renewable energy sourcing. ➡ As we move towards net zero, the importance of transport emissions increases, and consumer demand for greener products becomes a key factor. Reach out to our expert Nicole to discover how your company can prepare for the future of green steel and embrace the next generation of sustainable production strategies. #GreenSteel #Decarbonization #Sustainability #MIDREX2024 #NetZero #SteelIndustry