12,369.89 TRY BIST 100 BIST 100
50.24 EUR EUR EUR
43.17 USD USD USD
6.23 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
36.80 TRY Interest Interest
63.54 USD Fossil Oil Fossil Oil
5.87 USD Copper Copper
126.39 USD Silver Silver
107.17 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,415.80 TRY Gold (gr) Gold (gr)
106.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

India set to pilot green steelmaking initiative

A consortium led by the Institute of Minerals and Materials Technology (IMMT) is set to pilot India's first green steelmaking initiative using 100% hydrogen-based direct iron reduction (DRI).

India set to pilot green steelmaking initiative

A consortium led by the Institute of Minerals and Materials Technology (IMMT) is set to pilot India's first green steelmaking initiative using 100% hydrogen-based direct iron reduction (DRI).

The project, supported in part by the Indian Steel Ministry, aims to significantly reduce carbon emissions by replacing coking coal with hydrogen.

The Steel Ministry recently floated tenders under the national green hydrogen mission and allocated ₹455 crore (approximately USD 55.5 million) to enable industry participation in this initiative. In addition, IIT-Roorkee has proposed retrofitting blast furnaces to use gas or bio-coke as an alternative.

Traditional steel production in India relies heavily on coking coal, which leads to significant CO emissions. Although electric arc furnaces are less carbon-intensive, they still contribute to pollution. Globally, steel production is responsible for 7-9% of annual CO emissions. The average CO emission intensity of the steel industry has fallen from 3.1 T/tcs (CO per 1 ton of crude steel) in 2005 to 2.64 T/tcs in 2020 and is targeted to be reduced to 2.4 T/tcs by 2030.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Turkish company assumed management of Tartus port which is hosting Russia’s only Mediterranean base

Friday, January 16, 2026

EUROMETAL: Last-minute CBAM changes are putting pressure on steel importers

Friday, January 16, 2026

Worthington Steel has signed an agreement to acquire Kloeckner & Co

Friday, January 16, 2026

EUROFER responded to the statement by European steel-using sectors on the new steel trade measure

Friday, January 16, 2026

Algoma Steel ends 122-year blast furnace era, transitions to EAF steelmaking

Friday, January 16, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now