In this episode of the Metals and Advanced Manufacturing podcast, host Jennifer Betts welcomes Rijuta Dey, a senior steel reporter at FastMarkets, to discuss the green steel movement.
Rijuta talks about the recent launch of green steel prices in the U.S. after successful rollouts in Europe and Asia.
She highlights the industry's struggle to define 'green steel' and the efforts to reduce carbon emissions in steel production.
They delve into the roles of electric arc furnaces (EAFs) and blast furnace production and discuss government incentives, consumer demand for green steel, and the potential impact of the U.S. Steel-Nippon Steel deal.
Tune in to explore the complexities and advancements in the decarbonization of the steel industry.
00:00 Introduction to the Podcast and Guest
01:03 Understanding Green Steel
02:05 Challenges in Decarbonizing Steel
04:09 Green Steel Premiums and Market Dynamics
08:41 Technological Differences in Steel Production
11:12 Government Policies and Industry Impact
16:17 Global Perspectives on Green Steel
21:11 Future of Green Steel and Industry Innovations
40:17 Conclusion and Final Thoughts
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