93% of new steelmaking capacity adopts low-emission EAF technology, while BlueScope's Port Kembla steelworks remains coal-based, risking Australia's "clean" steel imports.
BlueScope faces potential industry lag as global steel sector advances towards low-emission, "green" steel. The Global Energy Monitor's latest report highlights that 93% of new steelmaking capacity now utilizes low-emission electric arc furnace (EAF) technology. BlueScope's Port Kembla steelworks continues coal-based production, potentially leaving Australia vulnerable to importing "clean" steel from other producers.
July 19, 2024
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